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MANILA, Philippines — Drivers will see a small decrease in fuel prices this week as local oil companies are reducing gasoline prices by P0.50 per liter, diesel by P0.25 per liter, and kerosene by P0.30 per liter…
President Ferdinand Marcos Jr.’s visit to Washington last year has resulted in the US government organizing its first Presidential Trade and Investment Mission to the Philippines. Led by US Secretary of Commerce Gina Raimondo, the mission includes…
MANILA, Philippines — The Department of Trade and Industry announced that a “high-level” US trade delegation is arriving next week to enhance “commercially meaningful partnerships.” According to DTI Foreign Trade Service Officer Jollan Llaneza, the delegation, led…
Three major power companies in the country have come together to launch a $3.3-billion (P184.89 billion) deal to build the Philippines’ inaugural and most extensive liquefied natural gas (LNG) facility in Batangas province. This initiative aims to…
CEBU CITY, Philippines – After Panay Island experienced a power outage in early January 2024, concerns about similar blackouts have arisen in Cebu province and nearby areas. Cebu is a major hub for power consumption in the Visayas…
CEBU CITY, Philippines – It’s a race against time to ensure that Cebu has a sufficient power supply in the next two years. Unless it has a new power plant soon, Cebu, the economic and commercial hub…
CEBU CITY, Philippines – Cebu City taxpayers can now avail of services of the Office of the City Assessors (OCCA) through an online portal according to OCCA’s computer division head. Nelyn P. Sanrojo, OCCA’s computer division head,…
MANILA, Philippines — Cuts in the prices of fuel on Tuesday, February 27, will somehow ease the hurt of motorists pockets after the hefty price hikes implemented last week. Gasoline prices will be slashed by 70 centavos…
MANILA, Philippines —The Aboitiz Group and its European partner completed on Friday their P100-billion buyout of Coca-Cola’s Philippine unit, adding the popular brand to their investment portfolio. Aboitiz Equity Ventures Inc. (AEV) bought 40 percent of Coca-Cola…
LONDON/PARIS (Reuters) -Two of the world’s top consumer goods companies, Danone and Nestle, said on Thursday they will slow price increases in 2024 after two years of hikes that prompted many shoppers to seek cheaper alternatives for…
MANILA, Philippines —The Philippine Stock Exchange Index (PSEi) will rise significantly this year due to anticipated interest rate cuts, leading to better company profits, the chief investment officer of Sun Life Investment Management and Trust Corp. said.…
CEBU CITY, Philippines — A group of cement manufacturers warns providers of imported cement to be compliant with the Department of Trade and Industry (DTI)’s administrative order (DAO). In a statement sent by the Cement Manufacturers Association…
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