Cebu faces soaring electricity bills due to global fuel price hikes, prompting consumer group Cera to demand a shift to local renewable energy sources like solar and wind to protect consumers.
Asian Development Bank economists highlight that rising oil price volatility, driven by geopolitical tensions, is disrupting economic planning and slowing global growth more than high prices alone.
Northern Davao Electric Cooperative rejects Tagum Chamber's allegations of deliberate destruction during court-ordered office turnover to Davao Light, calling the controversy sensationalized propaganda.
The Davao Consumer Movement strongly criticizes the Northern Davao Electric Cooperative for vacating its main office without turning over vital assets after a court-ordered transition to Davao Light, calling it a betrayal of consumer interests.
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The General Alliance of Workers Association expresses gratitude to Senator Sherwin Gatchalian for recommending a P1,500 monthly financial aid to all minimum wage earners in the Philippines, calling it a beacon of hope amid soaring living costs.
The Philippine government refutes viral social media posts about an impending energy lockdown, emphasizing ongoing efforts to secure alternative fuel sources and expand subsidies amid Middle East tensions.
The Land Transportation Franchising and Regulatory Board has issued a show cause order against a taxi operator accused of overcharging and attempting to scam K-pop singer Soobin during his Cebu visit. The viral video prompted immediate regulatory action.
A Taiwanese garment factory in Mactan Export Processing Zone 2 halted operations, affecting over 500 employees. Authorities are providing financial aid and job referrals to assist the displaced workers.
A Taiwanese sports apparel factory in Mactan Export Processing Zone 2 has ceased operations due to order shortages, displacing 580 employees. Government aid programs are underway, but the closure highlights ongoing challenges in the local manufacturing se
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The Cebu Port Authority implements a two-month relief program, reducing berthing fees by 40% and suspending passenger terminal charges to alleviate economic strain from rising fuel costs.
Malacañang supports private companies' voluntary work-from-home arrangements as a 'big help' in conserving energy during rising fuel costs, while debunking fake news about an 'energy lockdown' and detailing government measures.
The Department of Labor and Employment reports that 395 jobseekers were hired immediately during sector-focused job fairs across 14 regions, offering nearly 29,000 construction vacancies.
Sentro labor group condemns DOLE Undersecretary Bitonio for rejecting calls for a nationwide wage increase, accusing him of siding with employers over workers struggling with inflation.
Prices for rice and seafood at Bankerohan Public Market in Davao City show mixed trends as fuel costs and supply fluctuations impact vendors. Sellers warn of potential shortages ahead of Holy Week due to rising demand and tighter fish stocks.
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Aboitiz InfraCapital and its units introduce hybrid work, virtual transactions, and sustainability efforts to address the national energy emergency and Middle East conflict impacts.
Cebu City's first mass transport system is in jeopardy as the National Government cancels international loans due to delays, forcing local leaders to seek new funding by September.
President Ferdinand Marcos Jr. announced the Philippines maintains a 51-day oil reserve buffer, with new crude orders and a P20 billion fund to secure additional stocks amid Middle East unrest.
Rising global oil prices are impacting Cebu City's economy, leading to warnings from officials about construction project halts, slowed tourism, increased food costs, and job pressures.
As Holy Week approaches, Bankerohan Public Market sees varied price adjustments for binignit ingredients. Bananas and root crops show moderate increases, while sago doubles and langka surges significantly. Vendors cite seasonal demand and rising supply co
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The Cebu Port Authority has approved discounts and suspensions on port charges for two months to alleviate the impact of rising oil prices due to the Middle East crisis, including berthing fee reductions and waived passenger terminal fees.
Passenger traffic at Davao City Overland Transport Terminal surged during Holy Week 2026, with northbound travel dominating. Despite fuel price increases, operations remain stable under strict dispatch policies, while fare hikes are on hold.
The Cebu Port Authority and DTI implement waivers and discounts to ease business costs and supply chain disruptions caused by rising fuel prices, with support from local chambers.
The Bangko Sentral ng Pilipinas warns that the Philippines' balance of payments will remain under pressure through 2027 due to global uncertainties and rising costs, with deficits expected despite growth in exports and non-trade income.
Traditional jeepney and modern PUV drivers in Lapu-Lapu City are struggling as soaring fuel costs slash earnings, forcing them to choose between buying medicines and putting food on the table. With daily incomes plummeting, they appeal for government inte
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The Bureau of Internal Revenue has released Revenue Regulations 2-2026 to implement VAT exemptions for indigenous natural gas sales and related electricity, effective April 1, 2026, with specific documentary requirements.
The Securities and Exchange Commission has prolonged reduced registration fees for micro, small, and medium enterprises until December 2026, aiming to boost incorporation and economic growth.
A vessel carrying 2.48 million barrels of Russian crude oil has reached the Philippines, providing critical relief during a national energy emergency declared due to Middle East conflicts disrupting global supplies.
Millions of Filipino workers face daily despair as minimum wage rates fail to meet family living expenses, creating a cycle of sacrifice and debt that challenges human dignity.
Energy Secretary Sharon Garin confirms adequate domestic fuel supply until mid-May despite global disruptions from the USA-Israel-Iran conflict. The government has secured over 1 million barrels of diesel through international agreements.
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Public Works Secretary Vince Dizon inspected the final repair works on MacArthur Highway in Mabalacat City, Pampanga, ensuring the road is safe and obstruction-free for Holy Week travelers returning to the province.
