MANILA – Domestic fuel prices are projected to decline by as much as P4 per liter, after a big jump this week, as market expectations for the risks from the US-Iran conflict eased this week. Citing price developments…
MANILA — The Visayas grid was placed under a red alert again on Thursday evening, from 5 p.m. to 9 p.m., due to tight power supplies caused by several major coal-fired power plants going offline. In an…
MANILA – After a two-week decline, fuel prices are projected to rise by more than PHP4 per liter this week due to price hikes in the international market caused by fading hopes for a peace pact between the…
MANILA – Following a two-week streak of price cuts, local fuel prices are expected to jump by over PHP4 per liter next week. The upcoming surge is driven by international market spikes, triggered by diminishing optimism over…
MANILA – Domestic oil prices will likely decrease by as much as PHP5 per liter next week, given market developments as of August 6, reflecting the situation in the Middle East. Jetti Petroleum president Leo Bellas, in a…
MANILA – Site development in the planned US-led artificial intelligence (AI) hub Pax Silica in Central Luzon is eyed to start within three to five years, covering around 500 hectares of the 1,620-hectare site. “We see this as…
MANILA — Groundbreaking for the initial 500-hectare phase of the 1,620-hectare Pax Silica AI hub in Central Luzon is targeted within three to five years. Speaking at a briefing in New Clark City, Tarlac, Bases Conversion and…
MANILA – Domestic fuel prices are expected to decline by as much as PHP1.50 per liter in the first week of August, despite supply risks stemming from the ongoing conflict between the United States and Iran. Based on…
MANILA – An automotive industry executive expressed hope for a sustained rise in domestic vehicle sales, with June 2026 sales reaching their highest level so far this year, up 11 percent month-on-month. Data released by the Chamber of…
MANILA – Fuel prices are expected to rise by as much as PHP6.50 per liter this week due to supply disruption concerns after the Strait of Hormuz is once again largely closed to vessel traffic. Citing price developments…
MANILA – Motorists face a heavy blow next week, with local fuel prices projected to climb by up to ₱10.50 per liter due to fresh Middle East conflicts. Jetti Energy President Leo Bellas informed reporters on Friday…
MANILA – The National Grid Corporation of the Philippines (NGCP) is ready for the planned ASEAN Power Grid and is awaiting specifics from authorities to make its system adaptable to the targeted cross-border electricity trade. NGCP spokesperson lawyer…
