
UK eases sanctions on Russian jet fuel, diesel imports
LONDON, United Kingdom (AFP) — The UK government said Wednesday that it had eased sanctions on imports of Russian jet fuel and diesel refined in third…
· 2 min read
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LONDON, United Kingdom (AFP) — The UK government said Wednesday that it had eased sanctions on imports of Russian jet fuel and diesel refined in third…
· 2 min read

SEOUL, South Korea (AFP) — A South Korean oil tanker is currently passing through the Strait of Hormuz, the country’s top diplomat said on Wednesday, marking…
· 1 min read

Tapping costlier diesel-fired power plants during the series of red alerts imposed in Luzon and the Visayas last week could trigger a slight increase in…
· 2 min read

The Philippine Stock Exchange Index (PSEi) extended its decline on Tuesday while the peso held steady at the record low of P61.75 posted a day earlier,…
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The government is moving to put locally produced rice under a P53-per-kilo suggested retail price as authorities attempt to contain food inflation while…
· 2 min read

The government is moving to place locally produced rice under a P53-per-kilo suggested retail price as authorities attempt to contain food inflation while…
· 2 min read

Iloilo City consumers will see lower electricity bills this May after MORE Electric and Power Corp. (MORE Power) reduced the power rate to cushion the impact…
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As pump prices swing anew this week, the country’s fuel inventory is also inching down, a twin development the Department of Energy (DoE) said remains under…
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The Philippine Stock Exchange index (PSEi) extended its decline on Monday, falling 35.25 points or 0.59 percent to 5,941.52, as investors remained cautious…
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Shell Pilipinas Corporation has brought back its nationwide fuel discount offer for motorists from 15 to 21 May 2026.
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MISAMIS ORIENTAL — Authorities from the Philippine National Police-Criminal Investigation and Detection Group Regional Field Unit 10 (PNP-CIDG RFU 10) seized…
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Retail rice prices eased slightly in early May. Still, Filipino consumers continued to face higher costs for fish, vegetables, and other kitchen staples,…
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The government warned rice traders, retailers and importers that violations of the newly imposed price ceiling on imported rice could lead to imprisonment,…
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Industry estimates show diesel prices could jump by P2 to P2.50 per liter by Tuesday morning, while gasoline prices may climb by P0.75 to P1.25 per liter,…
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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…
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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…
· 2 min read

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…
· 3 min read

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…
· 2 min read

