Vivant Corp. Strengthens Portfolio Against Geopolitical Risks
Cebu-based Vivant Corp. is diversifying its energy and water portfolio to mitigate risks from Middle East tensions, following a 21% earnings growth in 2025.
Category : Business
BSP to Hold Rates Steady in 2026 Amid Inflation Concerns
BMI forecasts the Bangko Sentral ng Pilipinas will maintain policy rates at 4.25% through 2026 due to rising inflation from Middle East conflict and slow economic growth, with potential hikes if tensions persist.
Business Groups Push for Oil Price Stability Measures
Major Philippine business organizations propose supply diversification, targeted subsidies, and cost-control measures to protect economy from volatile global oil prices as Middle East tensions threaten supply chains.
Aida Uy Marks Birthday Milestone with Travel Industry Success
Aida Uy, founder of Fortune Travel in Cebu City, recently celebrated her birthday surrounded by family, airline colleagues, and media friends. Her journey from managing a school canteen to building a respected travel agency showcases her dedication and en
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Vietnam Fuel Prices Surge, Straining Transport Sector
Petrol stations across Vietnam face long queues as fuel prices hit highest levels since June 2025, driven by Middle East tensions. The surge pressures living costs and transport operations, with drivers and businesses struggling to adapt.
Vietnam Fuel Prices Surge, Squeezing Transport Sector
Petrol stations in Vietnam face long queues as RON95 gasoline and diesel prices hit highest levels since June 2025, driven by Middle East tensions. The surge pressures living costs and forces transport operators to optimize routes amid economic concerns.
DOLE P1.2B Emergency Fund for Middle East Crisis Workers
The Department of Labor and Employment has allocated P1.2 billion to support workers affected by the Middle East crisis through its Tupad emergency employment program, offering 10-30 days of community work at minimum wage.
Vietnam Cuts Fuel Taxes to Zero for Price Stability
Vietnam has eliminated special consumption and environmental taxes on fuel until mid-April 2026 to stabilize prices and ensure energy security during Hormuz Strait tensions.
Consumer Group Demands Action on Record Fuel Prices
The Alliance of Concerned Consumers in Electricity and Social Services (Access) has issued a manifesto condemning soaring oil prices, blaming corporate greed and government inaction for the crisis.
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Jeepney Driver Struggles as Fuel Costs Double, Earnings Plummet
Joel Dela Cruz, a 55-year-old jeepney driver from Lapu-Lapu City, faces severe financial strain as his fuel expenses have more than doubled, rising from P1,500 to over P3,000 per full tank. His daily earnings have dropped dramatically, forcing him to mana
Marcos Orders Government to Cut Energy Use Amid Oil Price Surge
President Ferdinand Marcos Jr. mandates all government agencies to reduce power and fuel consumption as the Philippines faces rising global oil prices due to Middle East conflict. Acting Executive Secretary Ralph Recto announces mandatory compliance acros
Palawan ProtekTODO Travel Insurance for Filipino Travelers
Palawan Group of Companies launches ProtekTODO Travel Insurance, providing affordable coverage starting at P39 for travel disruptions. Backed by Alliedbankers Insurance, it aims to make protection accessible nationwide.
DTI: Supply, Prices Stable Amid Energy Emergency
The DTI clarifies that no nationwide price freeze is in effect under EO 110, but assures stable BNPC supply and prices through voluntary industry pledges and vigilant monitoring.
Philippine Business Confidence Soars for 2026 Growth
The Bangko Sentral ng Pilipinas reports a significant rise in business confidence for 2026, driven by steady demand and public spending, with inflation expectations remaining stable.
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Cebu's P20/Kilo Rice Program for Vulnerable Sectors Begins April 15
Cebu Province introduces a government-supported program offering rice at P20 per kilo to vulnerable groups and transport workers, starting April 15, 2026, to mitigate food price hikes from rising fuel costs.
SSS Considers Loan Moratorium, Penalty Waivers for Economic Relief
The Social Security System is studying measures like a loan moratorium and contribution penalty waivers to help Filipino workers and employers cope with economic pressures from rising fuel costs and Middle East tensions.
Philippines Energy Emergency Declared Amid No Oil Crisis
President Marcos declares a state of national energy emergency, while PCO clarifies no current oil supply crisis exists. The move aims to expedite fuel procurement amid Middle East tensions.
DTI Secures Price Hike Delay for Essentials Until April 17
The Department of Trade and Industry has secured a voluntary commitment from major manufacturers and retailers to delay price increases for basic necessities and prime commodities until April 17, 2026, aiming to shield consumers from inflationary pressure
Cebu's P20 Rice Program for Vulnerable Groups Begins April 15
The Cebu Provincial Government and NFA 7 will roll out a subsidized rice program on April 15, 2026, offering rice at P20 per kilo to indigents, seniors, PWDs, and others to combat rising food prices.
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MPTC's 'Biyaheng Arangkada' Aids Holy Week Motorists
METRO Pacific Tollways Corp. launches the 'Biyaheng Arangkada' motorist assistance program from March 27 to April 6, 2026, enhancing safety and support across its expressway network during the Holy Week travel period.
Cebu Chamber Supports Energy Emergency, Tax Relief for MSMEs
The Cebu Chamber of Commerce and Industry endorses government policies to address energy costs and supply risks, urging safeguards for vulnerable MSMEs amid global uncertainties.
Philippine Firms Must Speed Up RCEP Tapping to Compete
A business leader warns that Philippine companies risk missing out on opportunities in the world's largest trading bloc, RCEP, if they don't act swiftly and cohesively to integrate into regional supply chains and markets.
Metro Cebu Tops Property Growth as National Market Cools
Metro Cebu's residential property prices surged 7% in Q4 2025, leading growth outside Metro Manila, while nationwide prices slowed to 1.6% amid softer demand and tighter financing, according to BSP data.
Why Robust Dialogue Is Essential for Success
Discover how robust dialogue transforms organizations and families by fostering better decisions, avoiding costly silence, and building trust through open communication.
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PHP1.9M Counterfeit Goods Seized in Bulacan Raid
Authorities arrested five individuals and confiscated nearly PHP1.9 million worth of counterfeit cigarettes and smuggled consumer goods during a joint enforcement operation in Plaridel, Bulacan. The suspects face multiple charges for violating tax and con
BI Urges Holy Week Travelers: Arrive Early, Prepare Documents
The Bureau of Immigration advises passengers to arrive at airports three hours before flights and complete eTravel clearance 72 hours in advance to avoid delays during the Holy Week travel surge.
Pampanga Bettor Wins PHP10M Lotto Jackpot
A lucky bettor from Angeles City, Pampanga, correctly guessed the winning numbers to claim the PHP10-million Lotto 6/42 jackpot. The Philippine Charity Sweepstakes Office announced the win and detailed prize distributions for other winners.
Philippines Delays Price Hikes for Basic Goods Until April 17
The Department of Trade and Industry announces manufacturers and retailers have agreed to postpone price adjustments for essential commodities until mid-April to maintain stability amid global tensions.
SSS Considers Loan Moratorium, Penalty Condonation for Economic Relief
The Social Security System is studying relief measures including a loan payment suspension and penalty condonation to help Filipino workers and employers cope with economic challenges from rising fuel prices and Middle East tensions.
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Zamboanga Job Fair Yields 19 Immediate Hires in Construction
The DOLE's Project Dapat Construction Job Fair in Zamboanga City resulted in 19 on-the-spot hires, with 21 employers offering 1,851 vacancies and additional support services for jobseekers.
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