DA Tightens Watch on Food Prices as Inflation Rises
The Department of Agriculture implements contingency measures and close monitoring of food inflation, with February data showing a rise to 1.6% amid Middle East tensions.
Category : Business
Delfin Lee to Address Housing Shortage After Case Dismissal
Property developer Delfin Lee offers to help solve the Philippines' housing backlog after his P6.6-billion estafa case was dismissed. He plans to build low-cost communities and work with the government.
NLEX Starts Meycauayan Bridge Improvements, Warns of Traffic
NLEX Corporation has initiated significant enhancement works on the Meycauayan River Bridge to improve road surface quality and reduce defects like potholes, particularly during the rainy season. Motorists are advised to expect traffic delays and lane clo
BDO Unibank Posts Record ₱87.2B Net Income in 2025
BDO Unibank reports a record net income of ₱87.2 billion for 2025, marking a 6% increase from the previous year, driven by strong core business performance and improved asset quality.
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BOI's 2026 IIDEAS Seminars Guide Businesses on Fiscal Incentives
The Philippine Board of Investments will host free IIDEAS seminars in Manila, Cebu, and Davao in March 2026 to help registered enterprises navigate fiscal incentives under the CREATE Act and other laws.
Escudero Calls for Train Law Changes to Suspend Fuel Taxes
Senator Chiz Escudero proposes amendments to the Train Law, allowing the President to automatically suspend or lower excise and VAT on fuel when global oil prices exceed benchmarks, aiming for faster consumer relief during crises.
Rice Prices Jump in Cebu Due to Middle East Tensions
Rice prices in Cebu's Carbon Public Market have risen by P10 to P15 per kilo, driven by Middle East tensions affecting fuel and supply chains, with local varieties hitting P70 per kilo.
LTFRB 7: Fuel Subsidy Payments Coming Soon for Cebu Operators
LTFRB 7 confirms fuel subsidy payments will be disbursed in coming weeks, urging Cebu transport operators to update cards as tensions in the Middle East may affect fuel prices.
WFH Expansion Urged to Mitigate Oil Price Surge
Senator Joel Villanueva pushes for expanded work-from-home and flexible arrangements under RA 11165 to shield workers from Middle East-driven oil price hikes, citing reduced travel and fuel consumption benefits.
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Senator Pushes WFH Expansion as Oil Prices Rise
Senator Joel Villanueva calls for expanding work-from-home and flexible arrangements under RA 11165 to reduce fuel consumption and aid workers during global oil price hikes.
RAM Price Surge to Increase Smartphone, PC Costs
As major RAM manufacturers shift focus to AI data center memory, supply tightens for consumer devices. Experts advise immediate shopping, considering older models, and exploring second-hand markets to combat rising prices expected through 2027.
Central Visayas Inflation Hits 6% Driven by Food Price Surge
Inflation in the Philippines rose to 2.4% in February 2026, with Central Visayas recording the highest rate at 6%. Food and non-alcoholic beverage prices jumped to 9.3%, contributing to regional price pressures.
Retail Leaders Summit 2026: 200+ Executives to Meet in Manila
More than 200 business leaders will gather at the 4th Retail Leaders Summit in Manila this March to discuss leadership, technology, and consumer trends in the retail sector, amid steady spending growth and mall expansions.
Negros Island's Infrastructure and Resilience Post-Disasters
A recent visit to Negros Island reveals stark contrasts in road quality compared to Cebu, alongside local resilience following Mount Kanlaon's eruption and Typhoon Tino's devastating floods.
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Digital Partnership for 2026 ASEAN Summit and AI Growth
PSAC, ASEAN-BAC, and GoDigital Philippines sign an MOA to boost digital transformation, AI adoption, and regional cooperation ahead of the 2026 ASEAN Summit in the Philippines.
Fuel Saving Ordered Amid Middle East Conflict
The Philippine government has issued a directive for fuel conservation measures in response to escalating tensions in the Middle East, aiming to stabilize domestic supply and prices.
Flexible Work Urged to Mitigate Oil Price Hikes Amid Global Tensions
Senator Joel Villanueva calls for maximizing the Work-From-Home Law to reduce commuting and fuel consumption as Middle East conflicts drive up oil prices, highlighting benefits for traffic and productivity.
DTI-3 Urges Buying Certified Electrical Products for Fire Safety
The Department of Trade and Industry-Region 3 reminds consumers and businesses to purchase electrical products with PS Mark or ICC Sticker during Fire Prevention Month to reduce fire risks.
Cebu Pacific 30th Anniversary Piso Sale: Flights from P1
Cebu Pacific celebrates its 30th anniversary by reintroducing its iconic Piso sale, providing travelers with opportunities to book domestic and international flights for as low as P1 one-way base fare from March 5 to 11, 2026.
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Philippine Inflation Hits 2.4% in February, Fastest in 12 Months
The Philippines' inflation rate rose to 2.4% in February 2026, the highest in the past 12 months, driven by faster price increases in food, housing, and services, though it remains within the government's target range.
Watsons Nationwide Sale Returns with Exclusive Member Deals
Watsons Club members can access thousands of deals, stackable promos, and up to 50% off on beauty, health, and wellness essentials during the nationwide sale from March 13 to 15, with early online preview on March 12.
DOTr Readies P2.5-B Fuel Subsidy as Oil Prices Soar
The Department of Transportation is preparing a P2.5 billion fuel subsidy program to mitigate rising oil prices caused by Middle East tensions, with potential global supply disruptions.
SSS Pension Increase and Micro-Loan Program Launched
The Social Security System (SSS) reveals a pension increase and new micro-loan program, supported by a record net income of ₱142.97 billion and assets exceeding ₱1.26 trillion.
Oil Prices May Rise Up to P10/L Due to US-Iran Tensions
The Department of Energy warns that fuel prices could increase by up to P10 per liter in the coming weeks due to global oil market tensions between the US and Iran, with subsidies considered if crude hits USD80 per barrel.
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Marcos: Oil Price Hike Effects on Goods May Be Delayed
President Ferdinand Marcos Jr. states that oil price shocks may not immediately affect consumer goods prices due to supply chain processes, but warns of potential increases if the crisis persists.
Speaker Bojie Dy Open to Amending Oil Tax Law
House Speaker Bojie Dy III expresses openness to amending legislation to lower oil taxes, supporting President Marcos Jr.'s call to protect citizens from global oil price hikes.
PH Oil Supply Secure for 60 Days Despite Middle East Tensions
President Ferdinand Marcos Jr. confirms the Philippines has sufficient oil reserves to last 50-60 days, despite escalating Middle East tensions that may drive global price increases.
BIR Warns on Fake Tax Payment Reminders Circulating Online
The Bureau of Internal Revenue alerts taxpayers to be vigilant against fraudulent tax payment reminders using its logo, urging verification through official channels.
Palace to Study 4-Day Work Week Amid Middle East Crisis
Malacañang is open to studying a 4-day work week proposal as an energy-saving measure, prompted by rising tensions between Iran and Israel that threaten oil prices and the economy.
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DPWH Inspects Marikina Flood Control Project
DPWH Secretary Vince Dizon led an inspection of the Marikina flood control project, highlighting funding shortages delaying the Pasig-Marikina River Channel Improvement Project and its incomplete drainage system.
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