The Department of Energy announces significant diesel and gasoline price hikes this week, with increases up to P24.25 per liter, driven by Middle East conflicts affecting global oil supply.
BPO employees in the Philippines are calling for expanded work-from-home arrangements to alleviate financial strain from soaring oil prices, driven by Middle East tensions, which increase commuting and living costs.
Several gas stations in Quezon City have exhausted their petroleum products as motorists rush to fill up before an anticipated major price increase on Tuesday. Long queues were reported along Commonwealth Avenue, with diesel at ₱57 per liter and gasoline
The Department of Energy and DICT have launched an electronic complaint platform for reporting fuel pricing violations and shortages amid Middle East tensions, with the DILG and PNP aiding monitoring efforts.
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The Department of Energy, with police support, is stepping up surveillance against abusive gas stations as tensions in the Middle East threaten a significant oil price increase this week.
The formal implementation of a four-day workweek in government agencies and courts faces fierce opposition from labor groups, who argue it harms job order and contract workers and fails to address economic crises.
The Philippine peso has weakened to an all-time low of P59.50 per US dollar, surpassing previous records and raising concerns over oil prices and economic stability.
The Supply Chain Management Association of the Philippines (SCMAP) states that raising product prices is a last resort, focusing instead on strategies like bulk ordering to mitigate oil price impacts and protect consumers.
A significant oil price hike is now in effect, with gasoline up by P5.20 per liter, diesel by P13.95, and kerosene by P20.95. Another round of increases is scheduled for Wednesday, March 11, adding to the financial strain on consumers.
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Bank lending growth in the Philippines decelerated to 9.3% year-on-year in January 2026, down from December's 9.6%, with foreign loan demand collapsing and business lending showing uneven performance.
Fishermen, farmers, and consumer groups staged a protest at a Cubao gasoline station in Quezon City, denouncing the sharp increase in petroleum product prices effective Tuesday, March 10, 2026.
Meralco's new charge increase raises rates to P13.8161 per kWh, adding about P129 to typical household bills due to higher transmission and generation costs.
The Department of Public Works and Highways confirms that national infrastructure projects will proceed without delay, despite rising costs from global oil prices nearing $120 per barrel.
Malacañang confirms sufficient supplies of gasoline and essential commodities despite oil price increases due to Middle East tensions, warns against panic buying and hoarding.
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Port magnate Enrique Razon Jr is now the wealthiest person in the Philippines, securing the 175th spot worldwide with a net worth of $16.5 billion, according to Forbes' latest Billionaires' List.
The Department of Trade and Industry confirms stable prices for basic commodities, with no abnormal movements detected in monitoring of 172 establishments, despite concerns over Middle East oil price spikes.
The Employers Confederation of the Philippines voices concerns over a compulsory 4-day work week, advocating for flexibility to suit diverse business needs.
Bacolod City Mayor Greg Gasataya issues Executive Order 15 to enforce a four-day workweek for city government employees, aligning with national energy conservation directives from President Marcos Jr.
Philippine Airlines brought its flagship Airbus A350-1000 to Davao City, marking the aircraft's first domestic appearance in Mindanao and underscoring the region's growing importance as an aviation and tourism hub in southern Philippines.
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Preliminary data reveals that loans from universal and commercial banks grew at a slower annual rate of 9.3% in January 2026, with business and consumer lending showing mixed trends as the BSP ensures financial stability.
Domestic liquidity in the Philippines grew by 8.6% year-on-year to ₱19.7 trillion in January 2026, accelerating from December's revised 7.2% increase, driven by claims on the private sector and government borrowings.
Island Shipping Corporation implements a new fare matrix for Santa Fe, Bantayan Island routes, adding a P70 fuel surcharge due to continuous oil price increases, affecting regular, senior, student, and child passengers.
Crisologo Saavedra Jr. requests the National Bureau of Investigation to investigate the January 8 Binaliw landfill collapse that killed 36 people, alleging negligence by DENR officials and unsafe operations.
Theia Gems, a Filipino jewelry house, transitions into an accessible luxury brand by hosting 'The Art of Sparkle' in Makati. The event educates Filipinas on natural vs. lab-grown diamonds, empowering women to celebrate personal milestones with fine jewelr
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Bohol is positioning itself as an emerging hub for meetings, incentives, conferences and exhibitions while showing resilient tourism demand, with new convention facilities and hotel developments strengthening its role as an alternative destination to Cebu
The 14th PropertyGuru Philippines Property Awards introduces new categories for 2026, highlighting emerging trends in residential, hospitality, and mixed-use development. The expansion reflects the property sector's growth beyond Metro Manila, with key fo
The SEC has released Memorandum Circular 9-2026, detailing updated deadlines and requirements for filing annual financial statements and general information sheets, with mandatory eFAST submission and penalties for non-compliance.
Zamboanga City police arrested a courier driver and confiscated P5.9 million worth of smuggled cigarettes in an intelligence-led operation on March 9, 2026, along a bypass road.
Davao City authorities coordinate response as Middle East tensions trigger massive fuel price increases, with gasoline up ₱7-13, diesel ₱17.50-24.25, and kerosene ₱32-38.50 per liter, affecting local transportation and daily earnings.
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The Philippine Health Insurance Corporation (PhilHealth) has announced adjusted work arrangements for administrative and back-office personnel, adopting a compressed four-day workweek in line with national energy conservation efforts.
