Palace: Weak peso driven by Middle East conflict
Malacañang on Tuesday said the government has limited control over the peso’s continued weakening against the US dollar, citing the ongoing conflict in the…
· 2 min read
Daily TribuneTopic
Malacañang on Tuesday said the government has limited control over the peso’s continued weakening against the US dollar, citing the ongoing conflict in the…
· 2 min read
The Department of Trade and Industry (DTI) on Saturday assured the public that prices of basic necessities and prime commodities (BNPC) have remained steady…
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US paper currency will soon bear Donald Trump's signature, the Treasury Department announced Thursday, in a move that would be a first for a sitting…
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Even if the Persian Gulf fighting stopped today, it would take four to six weeks to restore oil production, four to eight weeks to settle the oil markets, and…
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The market rebounded on bargain hunting after 2 consecutive days of decline while the peso appreciated to P59.95 from yesterday’s P60.30 close, moving back…
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Senator Bam Aquino on Sunday voiced support for declaring a state of national emergency to rein in surging prices driven by record-high oil costs amid the…
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In Baguio City, the impact is even more pronounced. The city’s mountainous terrain means vehicles burn more fuel when navigating steep roads and long uphill…
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The record weakness of the peso and the surging global oil price has created a double whammy that will result in a doubling of the inflation rate in the coming…
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BAGUIO CITY — Based on the latest report of the Baguio City Police Office (BCPO) monitoring fuel prices in the city from March 16 to 7:00 a.m. of 21 March…
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The combination of high inflation and slowing growth is one of the toughest scenarios policymakers, both in the national government and at the central bank,…
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Racing against surging fuel costs, the government is moving to secure up to 2 million barrels of additional oil supply as global prices hit record highs, even…
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The saddest part is that nations bearing the most economic pain — from the Philippines to South Korea, India to the European Union — had no seat at the table…
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Eye-popping fuel prices and their aggravating effects activated hallucinatory shivers about the looming dark catastrophe hovering over our day-to-day lives.
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The Philippine Stock Exchange index (PSEi) ended Friday at 6,058.94, falling 0.89%, as investors remained cautious amid escalating tensions in the Middle East.…
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The ongoing tension in the Middle East is fueling fear and volatility in the local fuel market. The Philippines, which imports nearly all of its diesel and…
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Rising global oil prices could significantly affect the cost of government infrastructure projects, particularly those dependent on fuel and construction…
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Energy officials warned that continued spikes could push inflation beyond the government’s target.
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Investors digested the first round of fuel price hikes, as well as a weakening local currency, which has slid from the P57 level in February to about P59.50…
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