
BSP hikes rates anew amid MidEast inflation risks
The BSP’s key policy rate now stands at 4.75 percent. Interest rates on overnight deposit and lending facilities were likewise adjusted to 4.25 percent and…
· 2 min read
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The BSP’s key policy rate now stands at 4.75 percent. Interest rates on overnight deposit and lending facilities were likewise adjusted to 4.25 percent and…
· 2 min read


Iran had blockaded the strait since the start of the war, sending oil prices soaring and raising fears of a prolonged inflation shock.
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Even with a US-Iran peace deal, returning to pre-war fuel price levels will take another six to12 months.
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The government is not ready to lift the energy emergency declaration despite signs of a breakthrough in United States/Iran peace talks, with Energy Secretary…
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Global oil markets fell sharply at the start of the week after reports of a framework agreement between the United States and Iran raised expectations that the…
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The Philippines could see fuel prices continue to ease if a reported United States-Iran agreement materializes this week, but the recent oil shock has already…
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A few years back, I sat with car lovers, yes, most of them men, and we talked about why we drive.
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The vessel SMYRTOS was boarded by Royal Marine Commandos and specially trained law enforcement officers.
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‘We expect the BSP to hike the policy rate by 50 bps to 5.0 percent from 4.5 percent, as elevated inflation remains the key policy concern despite softer…
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BADOC, Ilocos Norte — The Philippine Coast Guard (PCG) has declared that no traces of oil remain along the shoreline and coastal waters of Badoc following the…
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Diesel rolls back at P4/L, gasoline spikes anew
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‘I think that will again spike the prices more than anything else. Anything that happens there affects the prices. If there’s a declaration (of full closure)…
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Between 200,000 and 340,000 OFWs could lose their jobs if the war continues, a displacement that would compound the energy crisis with a demand-side collapse…
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Marines from the Marine Battalion Landing Team-8 (MBLT-8) joined the Philippine Coast Guard and other government agencies in containing an oil spill after…
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Overshadowing the expected rollback of up to P1.70 per liter for gasoline, effective today are hefty increases of P3.77 to P5.77 per liter of diesel and from…
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Global oil prices climbed closer to the $100-per-barrel mark on Monday, 8 June, as investors weighed supply risks in the Middle East, OPEC+ production policies…
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