
Hormuz closure threatens summer fuel scarcity
Global oil inventories are rapidly depleting ahead of peak summer oil demand in the Northern Hemisphere.
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Global oil inventories are rapidly depleting ahead of peak summer oil demand in the Northern Hemisphere.
· 2 min read

‘Across infrastructure, manufacturing, energy, mobility, logistics, digital transformation, trade, tourism, and services, Japanese enterprise has become deeply…
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Pessimism among businesses intensified in April as rapidly rising inflation, higher oil prices, and economic uncertainty stemming from the Middle East conflict…
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The Philippines and Japan have signed an updated tax treaty aimed at boosting cross-border investments, strengthening economic cooperation, and aligning…
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Fuel prices are expected to decline sharply after nearly a month of consecutive increases, as easing concerns over Middle East supply disruptions weigh on…
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TOKYO — Japanese companies are planning to invest about P56.3 billion in the Philippines, with projects focused on shipbuilding,…
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‘Through this mission, we wanted to show our Australian and New Zealand partners that the Philippines is not only a cost-effective destination, but a strategic…
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TOKYO, Japan — President Ferdinand Marcos Jr. has secured $3.4 billion in investment commitments from various Japanese firms following his roundtable meeting…
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Which major transport authority has quietly pumped the brakes on its own rapid transit ambitions—and handed the steering wheel to outside consultants?
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Nosy Tarsee has noticed how this veteran industrialist, long tied to mining and energy plays, is quietly positioning himself in a far more slippery and…
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‘We’re talking to them about what they would need so they can move their business here to the Philippines.’
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Police arrested 63 individuals suspected of running a large-scale online investment scam from an office inside Ortigas Center, following a raid led by the PNP…
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Maharlika Investment Corp. (MIC) will acquire transmission assets owned by the National Power Corp. (NPC) in Mindoro under a new government-backed initiative…
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For decades, the Philippines approached energy security largely through the logic of globalization: import what is needed, rely on international markets, and…
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Pump prices for petroleum products are expected to rise again next week, with diesel and gasoline likely to see fresh hikes amid the tight global supply and…
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Six weeks since a fragile ceasefire took effect, talks to end the war have made little progress.
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The Bangko Sentral ng Pilipinas (BSP) is urging businesses to adopt the Personal Equity and Retirement Account (PERA) program for employees, citing tax…
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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…
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