PSEi poised to rebound to 8,200 in 2025

Meg J. Adonis 08/12/2024

Rising inflation in July has led Maybank Securities Inc. to push back its 12-month forecast of 8,200 for the Philippine Stock Exchange Index (PSEi) by a few months. Traders are now focusing on the Bangko Sentral ng…

Cebu Pacific, global airlines hit by Microsoft outage

Meg J. Adonis 07/19/2024

MANILA, Philippines – The global outage of technology giant Microsoft has affected the system of budget carrier Cebu Pacific, the airline confirmed in a statement on Friday. Cebu Pacific said it was experiencing “technical issues, reportedly related…

Bullish outlook: PSEi seen to hit 7,200 by year-end

Meg J. Adonis 02/23/2024

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.…

Fuel prices to go up again

Meg J. Adonis 01/15/2024

MANILA, Philippines  —Fuel prices will increase for the second week in a row this year, with prices expected to rise by up to P0.90 per liter. The Department of Energy Oil Industry Management Bureau (DOE-OIMB) said the…

Fuel prices rollback on Oct. 10

Meg J. Adonis 10/09/2023

MANILA—Fuel prices are expected to lower as a rollback is set on Tuesday, October 10, 2023. This as local oil firms announced cuts by up to P3.05 per liter. In separate advisories, the companies said they would cut…

Fuel prices to increase anew on Sept. 19

Meg J. Adonis 09/18/2023

MANILA—After two and a half months, motorists are still expected to reel from increases in the pump prices of petroleum products, as local oil companies announced that fuel prices will again increase by more than P2 per…

Fuel prices to increase anew on Sept 12

Meg J. Adonis 09/11/2023

MANILA  -For the 10th consecutive week, local oil companies are increasing their pump prices of petroleum products by up to 40 centavos per liter effective Tuesday, September 12, 2023. In separate advisories, the oil firms said they…

Fuel prices to increase by up to P1.20 per liter starting Sept 5

Meg J. Adonis 09/05/2023

MANILA—Pump prices of petroleum products, particularly diesel and kerosene, will continue to climb for the ninth consecutive week on Tuesday, Sept. 5, by as much as P1.20 per liter. In separate advisories, local oil firms said they…

LPG price up by P73.15 per 11-kg cylinder starting Friday

Meg J. Adonis 09/01/2023

MANILA -The price of liquefied petroleum gas or LPG will rise for the second month in a row by as much as P6.65 per kilogram on Friday, Sept. 1, according to local oil companies. In an advisory…

Fuel prices to increase by up to P2.50 per liter effective Aug 15

Meg J. Adonis 08/14/2023

MANILA  -Oil firms will raise fuel prices for the sixth week in a row on Tuesday, August 15, 2023, with prices expected to rise by up to P2.50 per liter. In separate advisories, the companies said they…

Diesel price up by P4 per liter effective Aug 8

Meg J. Adonis 08/07/2023

MANILA  -Motorists have yet to get a reprieve from weeks of fuel price hikes, as local oil companies announced price increases of as much as P4 per liter—the highest such increase this year—effective on Tuesday, Aug. 8,…

Fuel prices raised by up to P1.35 per liter effective July 25

Meg J. Adonis 07/24/2023

MANILA  -Another round of increases in the pump prices of petroleum products will greet motorists on Tuesday, July 25, 2023,  after oil companies announced hikes of as much as P1.35 per liter. In separate advisories, the oil…

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