Price Stability Pledged for Essentials Amid Conflict
Amid the Middle East conflict, manufacturers of basic goods have committed to maintaining current prices for 30 to 60 days, ensuring stability for Filipino consumers.
Category : Business
Cebu City Energy-Saving Steps During National Emergency
Cebu City officials coordinate with national agencies to ensure service continuity after President Marcos declares a state of emergency on energy, implementing power-saving initiatives and renewable energy partnerships.
Filipino Doctors, Nurses Flee Abroad, Hospitals Struggle
Thousands of Filipino medical professionals depart annually for higher pay overseas, creating a national shortage of over 127,000 nurses and overwhelming public hospitals with understaffed wards and longer patient waits.
Ex-Rebels Finish Financial Literacy Training in Zamboanga
Eighteen former rebels from the 53rd Infantry Battalion have completed a Financial Literacy and Microenterprise Development Training in Zamboanga del Sur, equipping them with skills for sustainable livelihoods and economic independence.
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Zamboanga Rotational Blackouts After Transformer Failure
Zamcelco implements rotational blackouts affecting 22,000 consumers after a 20MVA transformer failure during maintenance. Officials detail technical complications and contingency measures.
Thailand Week 2026 in Cebu Ends with Strong Trade Impact
Thailand Week 2026 in Cebu successfully concluded, highlighting the evolving Thailand-Philippines trade relationship through innovation, cultural connections, and shared market opportunities. The event drew thousands of visitors and reinforced Thailand's
Taiwan Now Accepting Filipino Domestic Workers
Taiwan emerges as a new destination for Filipino household service workers, offering opportunities with a minimum monthly wage of NT$20,000 and no placement fees.
Bishop Backs Marcos' Energy Emergency Declaration Amid Crisis
A CBCP official welcomes President Marcos' declaration of a national energy emergency, calling it a necessary response to surging fuel prices and economic hardship.
PHP20B Emergency Fund for Fuel Supply Amid Global Crisis
President Marcos orders PHP20 billion from the Malampaya Gas Fund to boost fuel inventory and stabilize prices, as senators call for broader measures to address the energy emergency.
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PHP1 Billion Emergency Fund for Farmers Amid Fuel Price Crisis
The Department of Agriculture prepares to deploy its PHP1 billion quick response fund to protect farmers and fisherfolk from rising fuel costs due to Middle East conflict, including biofertilizer procurement and fuel subsidies.
CBRT's Impact on Cebu Traffic: A Comprehensive Review
The Cebu Bus Rapid Transit (CBRT) system is now operational, aiming to alleviate traffic in Cebu City. This article examines its effectiveness, challenges, and public response to determine if it truly solves congestion issues.
Philippines Eyes Russian Fuel Supply as Prices Soar
President Marcos Jr. reveals government efforts to secure fuel from Russia to boost buffer stocks, as conflict in the Middle East drives prices to unprecedented levels.
Sugar Board Urges Mills to Hike Trucking Allowance
Sugar Regulatory Board Member David Andrew Sanson appeals to sugar mills nationwide to increase trucking allowances for farmers as fuel prices soar due to Middle East conflict, threatening sugarcane supply.
Oil Prices Jump After Trump's Iran Ultimatum on Strait of Hormuz
Global oil prices spiked on Monday, March 23, after US President Donald Trump issued a 48-hour ultimatum to open the Strait of Hormuz, a critical chokepoint for one-fifth of the world's oil exports.
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Gov't Moves to Avert Oil Supply Shortage Amid Global Turmoil
Energy Secretary Sharon Garin warns of critical oil supply risks due to Middle East conflicts, with the government seeking alternative sources and prepared to pay premiums to secure national fuel reserves.
DOE Announces New Fuel Price Hike Effective Tomorrow
The Department of Energy announces a significant fuel price increase effective Tuesday, with gasoline rising P6.47/liter, diesel up P11.88/liter, and kerosene increasing P13.66/liter.
Labor Group Protests US Embassy Over US-Israel War on Iran
The Kilusang Mayo Uno labor group staged a lightning rally at the US Embassy in Manila, condemning US-Israel military actions against Iran and warning of economic and security risks for the Philippines.
BSP Maintains Services During Energy Conservation
The Bangko Sentral ng Pilipinas (BSP) confirms continued public service on Fridays, aligning with government energy-saving efforts. Onsite cash operations, BSP Hub transactions, and online services remain fully operational.
Hontiveros Urges Action on Oil Price Hike's Transport Impact
Senator Risa Hontiveros calls for immediate government intervention as rising oil prices cripple public transport, with drivers losing ₱1,000 daily and commuters facing reduced services.
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Peso Hits All-Time Low at P60.300 per Dollar
The Philippine peso weakened further, closing at a record low of P60.300 per US dollar on March 23, 2026, driven by external pressures like high oil prices and geopolitical tensions.
BSP Maintains Services Despite Energy Saving Efforts
The Bangko Sentral ng Pilipinas (BSP) confirms continued public service delivery on Fridays, aligning with government energy-saving initiatives while ensuring operational continuity.
Middle East Tensions Could Trigger Worst Energy Crisis in Decades
The International Energy Agency's chief, Fatih Birol, warns that ongoing Middle East conflicts could cause the most severe global energy crisis in decades, with oil supply disruptions already exceeding 11 million barrels per day.
BFAR Continues ₱3,000 Fuel Subsidy for Fisherfolk
The Bureau of Fisheries and Aquatic Resources guarantees continuous distribution of ₱3,000 fuel subsidies to protect fisherfolk livelihoods from Middle East tensions, with over 10,000 beneficiaries already assisted.
Over 400 Gas Stations Close as Oil Prices Surge
The Philippine National Police reports more than 400 gasoline stations have closed due to rising crude oil and petroleum product prices, with investigations ongoing to prevent profiteering.
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Nationwide Transport Strike March 26-27 Over Fuel Prices
Transport groups led by MANIBELA will stage a massive nationwide strike from March 26 to 27, protesting rising fuel costs and fare hike reversals, potentially the largest in Philippine history.
Boracay Tourism Office Braces for Middle East Crisis Effects
The Malay-Boracay Tourism Office is proactively addressing potential tourism industry disruptions from the Middle East crisis, focusing on flight suspensions and rising operational costs to safeguard 2026 targets.
Truckers Plan Route Cuts Due to Rising Fuel Costs, Impacting Economy
A national truckers' group announces plans to reduce trips as petroleum price hikes squeeze profits, potentially affecting small and large businesses across the country.
Philippine Oil Shipments Normal, Future Supply at Risk
The Bureau of Customs confirms oil shipments to the Philippines are currently normal, but warns of potential supply drops in coming weeks due to Middle East tensions, with a task force monitoring imports.
DA Investigates 'Ghost' Farm-to-Market Project in Albay
The Department of Agriculture is investigating a farm-to-market road in Albay for being a potential 'ghost project' and an overpriced road in Camarines Sur, citing irregularities in implementation and reporting.
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Diesel Hits P134.30/L, Gasoline at P112.40/L This Week
Fuel prices surge for the fourth consecutive week due to ongoing Middle East conflict, with diesel reaching P134.30 per liter and gasoline hitting P112.40 per liter, impacting transportation and household budgets.
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