
ADB offers additional $1.75-B lifeline amid oil crisis
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
Topic

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

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…
· 2 min read

PARIS, France (AFP) — Countries are tapping into oil inventories and strategic reserves at a “record pace” due to the “unprecedented” supply disruptions caused…
· 1 min read

The US has also accused Iran of laying mines in the Strait of Hormuz.
· 2 min read

More than 200,000 customers across parts of the Manila Electric Co. (Meralco) franchise alone in Luzon experienced rotating power interruptions on Wednesday…
· 2 min read

Government agencies in CALABARZON are stepping up efforts to shield businesses and consumers from the worsening impact of the global oil crisis, as surging…
· 2 min read

The Asian Development Bank (ADB) has entered into a Risk Participation Agreement with Security Bank Corporation to expand supply chain finance access for small…
· 1 min read

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…
· 1 min read

Jollibee Foods Corp. (JFC) is reassessing its expansion and spending plans after first-quarter net income plunged nearly 39 percent, as surging input costs…
· 1 min read

To mitigate the impact of rising costs on consumers, Meralco is proposing the earlier implementation of adjustments under its ERC-approved Power Supply…
· 1 min read

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…
· 2 min read

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…
· 2 min read

LONDON, United Kingdom (AFP) — The UK will send a destroyer to the Middle East ahead of any international mission to help protect shipping in the key Strait of…
· 2 min read

Supply shortages and shipping delays have disrupted the availability of Diet Coke in India, triggering a social media frenzy and inspiring themed events…
· 1 min read
Market sentiment turned cautious after fresh reports of military exchanges between the US and Iran near the Strait of Hormuz. The peso weakened slightly,…
· 2 min read
MACTAN, Cebu — Trade Secretary Cristina Roque has urged economic ministers to take a timely and practical approach in the Middle East crisis, which has been…
· 2 min read

