
Gov’t weighs temporary fuel excise tax cut — DoF
Department of Finance (DoF)Secretary Frederick Go said the country’s economic managers will engage with the House of Representatives on a possible temporary…
· 2 min read
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Department of Finance (DoF)Secretary Frederick Go said the country’s economic managers will engage with the House of Representatives on a possible temporary…
· 2 min read

The Middle East (ME) crisis could trigger a domino effect, driving up not only fuel prices but also electricity rates.
· 4 min read
Finance Secretary Frederick Go said the country’s economic managers will engage with the House of Representatives on a possible temporary reduction in oil…
· 3 min read

Energy Secretary Sharon Garin said the government must carefully balance the country’s finances if it decides to partially reduce fuel excise taxes amid rising…
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The President cannot unilaterally suspend the imposition of mandatory excise taxes unless Congress passes a law.
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President Ferdinand Marcos Jr. sought to calm fears of a fuel shortage as the war between the United States and Iran threatened to disrupt the global oil…
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Petron Corp. capped 2025 with a net income of P15.6 billion, soaring 84 percent from P8.5 billion in 2024.
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Inflation may spike to as high as 4.0 percent in the coming months due to rising oil prices stemming from the Iranian conflict in the Middle East, according to…
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Today, we may be going about our daily activities without having to fear what the skies could drop upon us. Yet somehow we feel that something has already…
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The lesson, for the Philippines, is both urgent and familiar: the country’s economic fate is tied, inescapably, to the stability of a world it does not control.
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Amid continuous fuel price hikes, lawmakers on Tuesday renewed calls to scrap taxes on oil products as pump prices are projected to increase by nearly P2 per…
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Mayor Francisco “Isko Moreno” Domagoso ordered a 50 percent reduction in fuel consumption for all city government operations Monday, citing an anticipated…
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The Philippines does not need to be bombed to feel the effects of war. It only has to see oil prices spike.
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Trump made clear the goal was the destruction of the Islamic Republic’s military and the toppling of the authorities in power since the 1979 revolution.
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The Department of Agriculture (DA) is intensifying monitoring and support for onion farmers in Occidental Mindoro as farmgate prices fluctuate between P30 and…
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Not all prices went up, however. Meat prices slipped into negative growth, while milk and egg prices eased. Sugar and corn also continued to post declines.
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A combination of geopolitical tensions, supply expectations, inventory movements and market sentiment shaped global oil prices.
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Gasoline prices could soften next week after several straight weeks of increases, while diesel and kerosene are expected to continue climbing, industry…
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