
Next up: Debt crisis — Leviste
The Philippines may face a debt crisis worse than the ongoing oil shock if the government fails to cut wasteful spending and rein in its fiscal position,…
· 1 MIN READ
Topic

The Philippines may face a debt crisis worse than the ongoing oil shock if the government fails to cut wasteful spending and rein in its fiscal position,…
· 1 MIN READ

‘But what we are focusing on now is immediate, you know, we will have to amend the Oil Deregulation Law.’
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Filipino households should brace for worsening economic and climate-related conditions throughout 2026, Vice President Sara Duterte warned on Friday, saying…
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The big three domestic oil firms warned that their fuel inventories may run out next month if the problem in the Strait of Hormuz is not resolved, but…
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As the call for the government to temporarily take over the operations of oil companies due to the leap-frogging fuel prices — which is far higher than the…
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“Tax the rich,” progressive groups challenged President Ferdinand Marcos Jr., criticizing what they described as the government’s ineffective response to the…
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President Ferdinand R. Marcos Jr. said the Philippines will proceed with hosting the ASEAN Summit and related meetings this year despite rising costs and the…
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Sinagot ng Meralco ang tanong ng maraming Pilipino kung ang giyera sa Gitnang Silangan ay may epekto sa suplay at presyo ng kuryente.
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Nasa mahigit 700,000 bariles ng krudo mula sa Russia ang dumating na sa Pilipinas. Kinumpirma ito ni Palace Press Officer Claire Castro kasunod ng deklarasyon…
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Angat Dam maintains a normal water supply for domestic use and electricity generation despite a slight dip in reservoir levels, the state weather bureau…
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The threat of an oil shortage in the country looms large, as petroleum companies on Thursday warned that fuel supplies beyond April are not guaranteed amid…
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The Department of Trade and Industry (DTI) on Thursday assured the public that prices of basic necessities and prime commodities have remained stable, with no…
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Shipping accounts for more than 50 percent of logistics costs. Trucking takes up another 35 percent. These are the heavyweights.
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Philippine Airlines (PAL) has locked in sufficient jet fuel reserves to sustain its full flight schedule, including long-haul operations, as global market…
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Philippine-headquartered Asian Development Bank (ADB) is extending financial support to assist developing member countries as the Middle East conflict…
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CAGAYAN DE ORO CITY — Transport cooperatives and corporations are formally requesting a temporary suspension of monthly payments for modernized vehicles,…
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For many Filipinos, the 1973 oil crisis is remembered as a time of long lines, rationed fuel and tightening belts. But for retired sportsman Joey Romasanta,…
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More than five decades separate the Philippines’ responses to two global oil shocks — both of which unfolded under a Marcos presidency — the 1973 energy crisis…
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