Manufacturers Pledge Price Stability Amid Middle East Conflict
Philippine manufacturers of essential goods commit to maintaining current prices for 30 to 60 days, ensuring stability for consumers amid global tensions.
Category : Business
DSWD-Davao: ₱5,000 Cash Relief for Drivers Amid Fuel Crisis
DSWD-Davao will provide ₱5,000 cash relief to transportation drivers impacted by soaring fuel prices, following NCR rollout. The aid targets tricycle, taxi, and delivery drivers through the AICS program.
Nationwide Transport Strike Looms Over Fuel Price Hikes
PISTON announces a nationwide transport strike on March 19, 2026, demanding a P5 fare increase. Over 500 members in Cebu City are expected to join, potentially paralyzing public transport and affecting commuters.
Cebu Winner Claims PHP 100M Ultra Lotto Jackpot
A lucky Cebu resident has won the PHP 100 million Ultra Lotto 6/58 jackpot, with the winning ticket purchased in Cebu City. The prize must be claimed within one year or it will be donated to charity.
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Cebu Allows Jeepneys on BRT Lanes to Reduce Traffic
Cebu City has permitted modern and traditional jeepneys to use portions of the Cebu Bus Rapid Transit lanes following public complaints about heavy traffic after the system's rollout.
Cebu Bettor Wins P100M Ultra Lotto Jackpot
A lone bettor from Cebu City has won the P100-million jackpot in the Ultra Lotto 6/58 draw on March 17, 2026, with the winning numbers announced by PCSO. The prize must be claimed within one year, subject to a 20% tax for winnings over P10,000.
Sports Tourism Boosts Philippine Economy and Tourism
Philippine Sports Commission chairman Patrick Gregorio highlights sports tourism as a resilient and immediate economic driver, boosting arrivals and benefiting small businesses, with Cebu positioned as a key hub.
Price Freeze for 30 Days on Essentials Amid Oil Impact
DTI announces manufacturers of basic goods like canned sardines, bread, and soap commit to no price hikes for 30 days, addressing consumer strain from rising oil costs.
Next-Gen Family Business Leaders Face Ultimate Test in Turbulent Times
As global business faces tightening credit, fragmented supply chains, and geopolitical tensions, next-generation leaders in family enterprises must master strategic judgment under uncertainty to ensure continuity beyond the founding era.
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Bunny Pages: How a Disappointment Led to 150-Store Success
Bunny Pages shares how a miscommunication over a hosting job taught him to embrace setbacks, leading to the founding of Thirsty Juices and Shakes and a successful school venture.
Seda Central Bloc Marks 6 Years with Green Achievements
Seda Central Bloc hotel in Cebu commemorated its sixth anniversary, highlighting its Edge Advanced Certification and urban greenhouse initiatives as part of its commitment to sustainable hospitality and growth.
Cebu Transport Group Protests Fare Hike Reversal
Piston-Cebu criticizes the government's withdrawal of a P1 fare increase, citing insufficient support for drivers facing soaring fuel costs due to Middle East tensions.
Cebu's P199-B Railway: Vision vs. Execution Reality
The proposed Danao-to-Carcar railway promises to transform Cebu's transport landscape, but questions about funding, land acquisition, and governance threaten its implementation timeline and effectiveness.
DMCI Homes Named Davao City's 6th Top Taxpayer for 4th Year
DMCI Homes has been recognized as the 6th highest real property taxpayer in Davao City for the fourth consecutive year, receiving the award at the 2026 Pasidungog event.
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DTI Secures Price Freeze on Essentials Amid Fuel Crunch
The Department of Trade and Industry announces manufacturers have pledged to maintain stable prices for canned goods, bread, water, and other prime commodities for 30 to 60 days, with strict penalties for violators.
Escudero Proposes Bataan Site for National Fuel Reserve
Senator Francis Escudero has filed Senate Bill No. 1993 to establish a National Strategic Fuel Reserve in Limay, Bataan, with a capacity for 90-180 days of national consumption to enhance energy security and stabilize prices during global disruptions.
JCI Cebu Installs Daryl Jabil as 78th President
The Junior Chamber International Cebu inducts Daryl Niño Jabil as its 78th president at the Radisson Blu Cebu, launching a new era focused on intentional leadership and community impact.
Cebu's Timed Transport System to Ease Mobility with CBRT
Cebu Province plans a new transport system with fixed schedules and integration with the Cebu Bus Rapid Transit, backed by a P20 million grant to improve public mobility and discipline.
Marcos: Mactan Expo to Boost Tourism, Host Major Events
President Ferdinand Marcos Jr. expresses confidence that the Mactan Expo will enhance tourism and host major international events, including ASEAN Summit activities, in the Philippines.
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DOJ Holds First Preliminary Probe in SEC vs Villar Case
The Department of Justice has initiated the first preliminary investigation into SEC complaints against the Villar family and their companies. While the Villars were absent, their lawyers attended the hearing.
Philippine Peso Hits Record Low Against US Dollar
The Philippine peso plunged to an all-time low of P59.87 per US dollar on Monday, driven by a strong dollar and Federal Reserve policies. This marks the fourth consecutive day of decline, sparking market anxiety and economic implications.
MMDA Reinstates Heat Stroke Breaks for Field Staff
The Metropolitan Manila Development Authority has formally reinstated heat stroke breaks for traffic enforcers and street sweepers, providing 30-minute rest periods per shift until May 31, 2026.
Marcos Urges Swift Passage of Biofuels Act Amendment
President Ferdinand Marcos Jr. has certified the bill amending the Biofuels Act of 2006 as urgent, aiming to mitigate rising oil prices and enhance national energy security amid geopolitical tensions.
Speaker Dy: 'All Hands on Deck' for Biofuel Suspension Bill
House Speaker Faustino 'Bojie' Dy III announced a government-wide effort to swiftly pass legislation allowing temporary suspension of mandatory biofuel blending, following President Marcos Jr.'s urgent certification.
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DOE Eyes Malampaya East-1 to Ease Oil Crisis
DOE Secretary Sharon Garin expresses hope that the Malampaya East-1 gas reserve can be utilized soon to help address the intensifying oil crisis, pending technical and investment approvals.
Villars Get One-Month Extension for Counter-Affidavits in SEC Case
Prosecutors have granted the Villar family and their company a one-month extension to submit counter-affidavits in the SEC's market manipulation case, citing the upcoming Holy Week as a key consideration.
Philippines Oil Prices Hit All-Time High After Second Major Hike
The Philippines has reached an all-time high in oil prices following a second consecutive major price hike, as confirmed by the Department of Energy. Secretary Sharon Garin warns of even higher costs in remote areas, with increases nearing P50 for diesel.
IEA Deploys Largest Oil Reserves to Asia Amid Crisis
The International Energy Agency has authorized the immediate release of strategic oil reserves to Asia-Pacific nations to counter supply shortages from Middle East tensions, marking the largest emergency action in history.
PH Eyes Russian Oil Imports to Stabilize Fuel Supply and Prices
The Philippines is exploring oil imports from Russia as part of a strategy to diversify fuel sources, aiming to reduce local prices and ensure supply stability amid Middle East tensions affecting current crude imports.
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NFA: Ample Rice Supply, No Shortage Despite High Demand
The National Food Authority confirms sufficient rice stocks nationwide, with over 2.3 million metric tons in buffer reserves, ensuring supply for three months amid high consumer demand for government-subsidized rice.
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