Major oil firms announce significant fuel price reductions effective Tuesday, with diesel cuts reaching PHP20.89/liter. President Marcos welcomes the rollback as relief for consumers affected by recent price spikes.
Myvan Properties celebrates the structural completion of Tower 1 at La Bellezah Flats Tugbongan in Consolacion, Cebu, with an official topping-off ceremony. The project was completed in just over seven months, showcasing the developer's commitment to effi
As summer travel season peaks, BDO Insure Travel Insurance offers comprehensive protection for Filipinos exploring domestic and international destinations. Learn how to travel confidently with coverage for trip cancellations, medical emergencies, and lost
The Philippine Deposit Insurance Corporation highlights insider abuse as a critical threat to rural banks, urging stronger governance and risk management to protect depositor confidence.
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The LTFRB-Davao reveals the public transport modernization program has achieved an 88% consolidation rate despite delays from rising fuel costs, with financial reliability noted among cooperatives.
Pilipinas Shell announces significant fuel price reductions effective April 14, 2026, with diesel down P23.00 per liter, gasoline down P6.50, and kerosene down P11.50, marking the first rollback since January amid Middle East tensions.
Oil prices rose sharply in early trading after the US announced a maritime blockade on Iranian ports, escalating tensions in the region and impacting global markets.
The Department of Energy's announcement of over 50 days of fuel supply is both good and bad news. While it extends inventory, it highlights vulnerabilities in reliance on imports and global market volatility, urging policy diversification.
Business name registrations in Central Visayas declined by 4.7 percent in 2025, dropping to 63,150 from 66,257 the previous year. This shift marks a transition from post-pandemic expansion to a period of economic caution as entrepreneurs face rising costs
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Lapu-Lapu City Government provided rice to 500 displaced workers from MEPZ companies, but 50 garment workers were excluded due to outdated details, prompting efforts to update records for assistance.
The Philippine Treasury bills auction saw mixed outcomes, with the 91-day T-bills fully awarded and rates dropping due to geopolitical and economic factors. The auction raised P32.1 billion, exceeding the initial program.
Cebu Landmasters Inc. acquires a 70-hectare site in Dasmariñas, Cavite, for a flagship township project expected to deliver 6,000 homes, targeting economic and mid-market buyers with residential, commercial, and institutional components.
METRO Retail Stores Group Inc. (MRSGI) posted a 12% increase in net income to P682.64 million in 2025, fueled by store expansion, margin improvements, and cost controls. Sales rose 4.9% to P41.56 billion, with Ebitda up 12.4%.
Gold Coin Feedmills, an Aboitiz Equity Ventures subsidiary, faces a RM97.51 million penalty from Malaysia's competition watchdog for alleged price-fixing in poultry feed from 2020 to 2022. The company denies wrongdoing and has secured a court stay.
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In family enterprises, board positions are often treated as heirlooms rather than roles requiring competence. This leads to governance failure through tolerated mediocrity, where unqualified directors fail to exercise fiduciary responsibility, challenge m
President Ferdinand Marcos Jr. has ordered the removal of excise tax on LPG and kerosene to help Filipino families cope with rising energy costs due to Middle East conflict, citing significant price reductions.
Davao Oriental's fuel monitoring report reveals pump price increases at 11 gasoline stations due to rising depot costs, though prices remain within government-approved ranges.
The Philippine government is transitioning from crisis response to a recovery strategy as global oil shocks keep fuel prices high. The UPLIFT plan aims to protect vulnerable sectors and ensure economic stability.
The Department of Agriculture provides P75 million in fuel assistance to over 15,000 fishermen to mitigate rising oil prices from Middle East tensions, ensuring food security and productivity.
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The Department of Labor and Employment provides 20-day emergency employment to 1,000 jeepney drivers in NCR, with 400 senior citizens, as fuel price surges force route suspensions.
Pilipinas Shell announces a significant fuel price rollback effective Tuesday, April 14, 2026, with diesel dropping by P23 per liter, gasoline by P6.50, and kerosene by P11.50. This marks the first decrease since January, following weeks of high prices am
Minimum wage workers in Central Luzon will see an additional increase of up to ₱40 in daily wages starting April 16, 2026, as part of a two-tranche adjustment under Wage Order No. RBIII-26.
Barangay Dalayap in Macabebe anticipates a new provincial livelihood program on a 20-hectare DPWH spoil site, focusing on agriculture to boost income and food security.
Otso Cantos, a rising Philippine gin brand, officially entered the Mindanao market with a launch event in Davao City. Led by founder Hon. Prospero 'Butch' Pichay Jr., the brand aims to expand distribution and create business opportunities across the regio
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Clark Development Corporation President Agnes Devanadera emphasized that employee talent and commitment are crucial for organizational strength during Tanika Philippines' team-building activity.
Business process outsourcing firm Cloudstaff has distributed P150 million in bonuses to employees through its Investors Club program, prioritizing non-management staff. The company links business growth with employee benefits and is preparing for a potent
The Department of Energy projects significant reductions in diesel, gasoline, and kerosene prices starting Tuesday, April 14, 2026, based on international market trends.
Authorities confiscated around P700 million worth of imported perfumes suspected of lacking proper certification during a warehouse raid in Valenzuela City. The operation targeted facilities linked to alleged illegal importation.
The Bureau of Working Conditions has issued guidelines for employers to safeguard employees from heat-related illnesses during the summer season, emphasizing hydration, ventilation, and flexible work arrangements.
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The Philippine Competition Commission is closely monitoring companies in the fuel and related industries to prevent anti-competitive actions amid global pressures, ensuring fair market competition.
