Visayas power rates up as supply constraints hike generation costs
MORE Power said Wholesale Electricity Spot Market prices surged to P10.30/kWh from P4.45/kWh, more than doubling during the period; the generation rate, which…
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MORE Power said Wholesale Electricity Spot Market prices surged to P10.30/kWh from P4.45/kWh, more than doubling during the period; the generation rate, which…
· 2 min read
Labor Secretary Francis Tolentino pledged to make the Department of Labor and Employment (DoLE) more accessible to workers while maintaining a balance with…
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The Bangko Sentral ng Pilipinas (BSP) expects inflation to remain above its 3 percent target until 2028 as the effects of the Gulf conflict continue to ripple…
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The Philippine Stock Exchange Index (PSEi) rebounded 38.85 points, or 0.64 percent, to 6,153.66 on Thursday while the peso depreciated to P60.56 from P60.39…
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The BSP’s key policy rate now stands at 4.75 percent. Interest rates on overnight deposit and lending facilities were likewise adjusted to 4.25 percent and…
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The Philippine Charity Sweepstakes Office (PCSO) advanced its community healthcare initiatives this month with a medicine donation to Zamboanga del Norte and a…
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Any downgrade, or even a negative outlook revision, raises sovereign borrowing costs and makes infrastructure capital more expensive to service.
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Labor Secretary Francis N. Tolentino met with Kamanggagawa Partylist Representative Elijah “Eli” San Fernando on Monday to address a range of labor concerns,…
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Four crew members died of suspected asphyxiation after methane gas reportedly built up inside a vessel docked at a local shipyard, officials said.
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‘We expect the BSP to hike the policy rate by 50 bps to 5.0 percent from 4.5 percent, as elevated inflation remains the key policy concern despite softer…
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Overshadowing the expected rollback of up to P1.70 per liter for gasoline, effective today are hefty increases of P3.77 to P5.77 per liter of diesel and from…
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According to BPI lead economist Emilio Neri Jr., interest rate hikes by the central bank in response to Gulf-driven inflation could support the local currency…
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‘The slower inflation print reduces the urgency for an off-cycle rate hike in the near term. However, a substantial increase in the policy rate at the next…
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The relief motorists got from this week’s sharp diesel price rollback could be short-lived, with industry estimates pointing to a fresh increase of up to P4.50…
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Authorities seized an estimated P1.4 million worth of illegal petroleum products and arrested four suspects during a law enforcement operation in Barangay…
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For many families at Zamboanga City Medical Center (ZCMM), spending the night beside a loved one in the hospital often means sacrificing comfort and rest.…
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Motorists are facing another round of fuel price increases this week, reviving concerns that diesel prices could soon return to the P100-per-liter territory…
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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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