
Phl economy drifting into stagflation territory — HSBC
Hongkong and Shanghai Banking Corporation (HSBC) has cautioned that the Philippines is increasingly showing signs of stagflation as soaring oil prices and…
· 2 min read
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Hongkong and Shanghai Banking Corporation (HSBC) has cautioned that the Philippines is increasingly showing signs of stagflation as soaring oil prices and…
· 2 min read

The proposed $1.75-billion financing package comes on top of some $2 billion in policy-based loans already being prepared by the multilateral lender for the…
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Never in the history of mankind has there been a need on a planet level to alleviate poverty, share with our neighbors, fend off anarchy, and develop…
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Motorists should brace for another round of fuel price hikes next week, with diesel poised for a hefty increase as fresh Middle East tensions and tightening…
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The local currency slid to another record low against the US dollar on Thursday even as the Philippine Stock Exchange Index (PSEi) surged back above the 6,000…
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Despite a 20 percent decline in gold sold in Q1, Apex Mining’s net income climbed to P2.82 billion in the first quarter, from P1.45 billion a year earlier, or…
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PARIS, France (AFP) — Countries are tapping into oil inventories and strategic reserves at a “record pace” due to the “unprecedented” supply disruptions caused…
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The US has also accused Iran of laying mines in the Strait of Hormuz.
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President Ferdinand Marcos Jr. on Wednesday signed Executive Order No. 118 imposing a temporary price ceiling on imported rice following the recommendation of…
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Government agencies in CALABARZON are stepping up efforts to shield businesses and consumers from the worsening impact of the global oil crisis, as surging…
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The Department of Social Welfare and Development (DSWD) distributed P3.08 million in cash relief to 616 jeepney drivers and operators in Bataan to help cushion…
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Subic Bay Freeport — The Subic Bay Metropolitan Authority (SBMA) is moving to implement a sweeping financial relief package for workers and businesses to…
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Dubai — The United Arab Emirates’ (UAE) main gas-processing complex, one of the world’s largest, will not resume full capacity until next year, its operator…
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Airline passengers will see slightly cheaper flights in the second half of May after the Civil Aeronautics Board (CAB) lowered the fuel surcharge level for…
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The Philippine Stock Exchange index (PSEi) slipped 14.87 points, or 0.25 percent, to close at 5,971.98, as investor sentiment weakened amid fading optimism…
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Gasoline prices are up, P0.45 to P0.50 per liter starting this morning while diesel prices drop sharply by about P9.50 to P9.60 per liter, reversing last…
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The Philippine National Oil Company–Exploration Corp. (PNOC-EC) will sell 45 million liters of government-procured diesel over the next three months to support…
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BAGUIO CITY — Fuel prices in the city remained largely stable from 10 to 11 May, according to the latest monitoring conducted by the Baguio City Police…
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