PNP Steps Up Market Watch Amid Manufacturer Price Freeze
The Philippine National Police vows to strengthen monitoring of basic goods as manufacturers commit to holding prices steady until April 30, following directives from President Marcos and DTI.
Category : Business
Shion Canen on Leadership and Womanhood in Business
In an exclusive interview on Beyond the Headlines: Extra Edition, Shion Canen, Assistant Vice President at Converge Global Business, discusses her journey as a leader and woman in the industry, offering valuable insights on life and impact.
Japan Secures Oil Supply Until 2027, Boosts US Imports
Prime Minister Sanae Takaichi announces Japan has secured oil supplies to meet demand until early 2027, with a fourfold increase in US imports and efforts to bypass the Strait of Hormuz blockade.
Unifed Opposes Real Property Tax Hike in Negros Occidental
The United Sugar Producers Federation strongly opposes a proposed real property tax increase in Negros Occidental, citing economic instability and rising fuel costs as burdens on constituents.
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Clark Launches Auto-Renewal for Business Permits
Clark Development Corporation introduces automatic renewal of business permits for qualified locators, aiming to reduce red tape, lower costs, and set a national benchmark for ease of doing business.
Mindanao Infrastructure Boosted by Public-Private Dialogue in Cagayan de Oro
AIC Airports and MinDA leaders convened in Cagayan de Oro to enhance partnerships for Mindanao's development, focusing on Laguindingan Airport expansion and regional growth strategies.
Davao Light: No Power Outages, Supply Stable in Mindanao
Davao Light and Power Company reassures the public of sufficient electricity in its franchise area, refuting online claims of rotational outages and emphasizing stable supply from contracts and WESM.
Lawmaker Calls for Oil Price Fund as Fuel Costs Soar
PPP Party-list Rep. Harold Duterte urges government to create oil price stabilization fund as diesel prices surge from ₱50 to ₱170 per liter, hitting transport workers and farmers hardest.
DOE Approves Texcal Energy Oil Exploration in Cebu's Alegria
The Department of Energy has granted Texcal Energy approval to explore the Alegria oil field in Cebu, aiming to revive local production with an on-site refinery for diesel and bunker fuel, bolstering energy security.
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DOLE Announces Extra Pay for Workers on Araw ng Kagitingan
The Department of Labor and Employment (DOLE) has declared that workers will receive additional compensation for working on April 9, 2026, a regular holiday commemorating Araw ng Kagitingan, as per Labor Advisory 05-2026.
Philippine Labor Market Strain Amid Middle East Conflict
The Philippine labor market shows signs of difficulty as the ongoing Middle East conflict affects Filipino workers, with unemployment rising to 5.1% in February 2026 and underemployment increasing to 11.8%, according to government data.
Carpooling Proposed as Official Transport Mode Amid Fuel Crisis
With fuel prices soaring due to Middle East conflicts, carpooling emerges as a practical solution. However, it remains unauthorized under current transport regulations. Experts call for its official recognition to conserve energy and reduce traffic conges
Strong Dollar's Dual Impact on Filipino Lives and Economy
As the US dollar strengthens against the Philippine peso, it creates opportunities for OFW families while increasing costs for consumers and businesses, revealing deep economic vulnerabilities.
PrimaryHomes: Stable Demand in Cebu, Bohol Amid Global Risks
PrimaryHomes Inc. says its residential projects in Cebu and Bohol maintain stable demand as investors focus on capital preservation. The developer cites established locations and infrastructure as key factors sustaining interest despite Middle East tensio
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Philippine Unemployment Falls to 2.66M in February 2026
The Philippine Statistics Authority reports a decline in unemployment to 2.66 million in February 2026, with the rate dropping to 5.1%. Government measures aim to mitigate global risks and support affected workers amid Middle East tensions.
Central Visayas Tourism Up 8.57% in 2025, Japan Boosts Arrivals
Tourist arrivals in Central Visayas increased by 8.57% to 2.55 million in 2025, with Japan showing the fastest growth at 50.45%. South Korea remained the top market despite a 5.38% decline, while the DOT highlights a visa-free policy driving Chinese arriv
Cebu Exports Stable Now, But Fuel Costs Threaten Future
Cebu's export sector maintains stable trade volumes despite rising fuel costs, but industry leaders warn of mounting risks over the next 30 days, with creative sectors most vulnerable to supply chain pressures.
Subic Bay Port Revenue Hits P1.77 Billion in 2025
The Subic Bay Metropolitan Authority reported a P1.77 billion revenue from port operations in 2025, a 4.2% increase from 2024, driven by strong cargo handling and vessel traffic growth.
P40M Expansion for Lubao Bamboo Hub Floating Restaurant
The Tourism Infrastructure and Enterprise Zone Authority allocates P40 million for Lubao Bamboo Hub's expansion, adding a new floating restaurant to boost sustainable tourism and local economy.
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Philippine Unemployment Hits 5.1% as Middle East Conflict Affects Workers
Government data shows Philippine unemployment rose to 5.1% in February 2026, with underemployment at 11.8%, as Middle East tensions strain the labor market. Despite gains in services sector employment, officials implement support programs while economists
DOLE Mandates Extra Holiday Pay for Araw ng Kagitingan
The Department of Labor and Employment announces additional pay for employees working on April 9, 2026, a regular holiday commemorating Araw ng Kagitingan, with specific rates for regular and overtime hours.
Clark Launches Filipino Food Month 2026 with Kapampangan Feast
Clark Freeport opened Filipino Food Month 2026 with a grand Kapampangan heritage feast, uniting 147 officials, chefs, and cultural leaders to celebrate Filipino identity through cuisine and boost tourism.
Oil Price Drop Not Immediate Despite Safe Hormuz Passage
DOE Secretary Sharon Garin explains that safe passage for Philippine-flagged vessels in the Hormuz Strait won't immediately lower oil prices, citing global supply chain effects and ongoing energy priorities.
DA Forms Food Security Task Force to Monitor Agri Supply, Prices
The Department of Agriculture has created a food security task force to closely monitor agricultural commodity supply and prices amid energy emergencies and geopolitical tensions affecting export markets.
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OPEC+ Raises Oil Production Quotas After Middle East Strikes
OPEC+ has agreed to increase oil production quotas by 206,000 barrels per day starting in May, following airstrikes on key facilities in the Middle East. The group warns of potential market volatility and supply disruptions.
Senate Advances Bayanihan 3 to Address Energy Crisis
Senator Loren Legarda files Senate Bill No. 2020, the Bayanihan 3: Power to the People Act, aiming to mitigate the global oil crisis impact. The bill proposes measures to lower fuel and electricity prices, ensure food supply, and offer direct aid to affec
BIR Simplifies Tax Incentives for Education Partnerships
The Bureau of Internal Revenue issues new guidelines to streamline tax breaks for private sector involvement in education programs, aiming to reduce administrative burdens and boost workforce development.
BIR: Cross-Border Services Not Automatically Taxable
The Bureau of Internal Revenue issues new guidelines clarifying that income from cross-border services is not automatically subject to Philippine income tax, based on a Supreme Court ruling.
Senate Advances Bayanihan 3 for Oil Price Control and Regulation
Senator Loren Legarda introduces Senate Bill No. 2020, aiming to empower the government with price controls and regulatory authority over the oil industry to address the ongoing energy crisis and protect consumers.
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BOC Hits Record Revenue from Seized Luxury Cars, Reforms
The Bureau of Customs exceeded its Q1 2026 target by ₱2.994 billion, collecting ₱239.054 billion, driven by reforms, strict enforcement, and auctions of smuggled luxury vehicles.
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