Latest in fuel pricesManila City Mayor Francisco “Isko” Moreno Domagoso said business activity in the nation’s capital remained remarkably strong through the first five months of 2026, with new business registrations surging year-on-year and total new business investment reaching P3.303 billion. This is even as the…
The Marcos administration is pumping funds into major infrastructure projects across key government agencies to prop up the economy and sustain employment amid the ongoing Middle East crisis, ordering a catch-up plan to ensure all programs are delivered on time this year. Executive Secretary Ralph…
The Marcos administration will continue its fuel subsidy program for public utility vehicle operators for as long as oil prices remain elevated, with no fixed end date but projections running through the end of 2026, Malacañang said. The Office of the Executive Secretary (OES) said the Department…
As tensions in the Middle East continue to rattle global oil markets, one energy industry leader is pointing Filipinos toward a solution they can install on their own rooftops. Tetchi Capellan, chairperson of the Philippine Solar and Storage Energy Alliance, made the case in an interview on DZRH…
Philippine inflation surged to 7.2% year-on-year in April 2026, the fastest pace in more than three years. Rizal Commercial Banking Corporation (RCBC) chief economist Michael Ricafort on Tuesday, May 5, attributed the acceleration largely to the ongoing war in the Middle East, which has sent fuel…
The Philippines has implemented more policy measures to counter the global oil shock than any other economy in Southeast Asia, according to a report by the Asian Development Bank (ADB). The Manila-based multilateral lender’s latest brief showed the Philippines adopted 7 of 8 major policy…
Before the first US-Israeli strikes on Iran in March, the world was not bracing for an oil crisis—it was sitting on too much oil. That is the argument an economist is making as he pushes back against the prevailing assumption that high fuel prices are a permanent new reality. University of Asia…
The Philippines may be enduring one of its final oil crises, with an economist arguing that electric vehicles and remote work are dismantling the structural vulnerability that has made every fuel shock a national emergency. University of Asia and the Pacific (UA&P) School of Economics Dean Dr.…
Manila City Mayor Francisco “Isko” Moreno Domagoso took a moment during Monday’s flag-raising ceremony at Manila City Hall to personally thank the jeepney drivers powering the city’s “Libreng Sakay” free ride program, asking the crowd of city government employees gathered before him to give the…
Senator Francis “Kiko” Pangilinan announced Tuesday, March 31, that the AGRI-AGRA Team has formed a dedicated task force to monitor the Middle East crisis and shield the country’s food security and agriculture sector from its effects. The team brings together the Department of Agriculture (DA)…
The war in Iran is sending shockwaves through global oil markets, pushing petrol prices to record highs and driving a surge in secondhand electric vehicle sales. The average cost of petrol in the European Union rose 12% to 1.84 euros per litre from late February to mid-March, according to European…
The most punishing oil price surge in modern history isn’t over yet. Global oil prices extended their historic climb on Monday, March 30, as Yemen’s Houthi rebels launched their first attacks on Israel since the start of the Iran conflict, deepening fears that a widening war in the Middle East…
One month into the war between the United States and Iran, there are no signs of a ceasefire, no formal peace negotiations on the table, and no clear end in sight. What began as a swift American military strike — framed by the Trump administration as a decisive blow against Iran’s nuclear…
The Parañaque Integrated Terminal Exchange (PITX) is bracing for a busier-than-usual Holy Week rush this year, as rising prices are expected to push more Filipinos away from planes and private cars — and toward provincial buses. PITX communications chief Jason Salvador said the terminal is already…
Thousands of transport workers who were left out of the government’s cash assistance list will still receive their ₱5,000 cash aid through a special payout to be held after the Holy Week break, the Department of Social Welfare and Development (DSWD) said Saturday, March 29. In an interview on DZRH…
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