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Oil companies will implement today a much-awaited big-time rollback on the prices of petroleum products. This is the fifth straight week that oil companies have lowered prices of fuel; diesel is expected to decrease by P2.00 –…
Filipino motorists will surely rejoice this week as the prices of gasoline and diesel will be rolled back starting Tuesday. Among the oil firms that will be slashing their pump prices this week on gasoline and oil…
As independent and major oil companies implement another round of fuel price cuts on Sunday (Oct. 21) and Monday (Oct. 22), a transport group believed that only with the repeal of the Oil Deregulation Law and the…
LOCAL business leaders in Cebu welcomed the government’s pronouncement that it will be putting on hold the additional excise tax to be levied on fuel products starting January 2019. The move, according to businessmen, will not only…
OIL firms on Saturday (Oct. 13) cut pump prices of diesel by as much as 65 centavos per liter and of gasoline by 85 centavos per liter, ending a nine-week rally that raised prices by a total…
While believing that it can still be solved, House Speaker Gloria Macapagal-Arroyo has called on President Rodrigo Duterte’s economic team to “move faster” on their implementation of policies to ease up the accelerating inflation. Arroyo’s statement came…
The recent oil price hike in the country surprisingly drew many hopeful online reactions. Burt Ajamedun wrote, “This is very good development. It will encourage some to ride the jeepney. I hope there will be more price…
Transport group Pinagkaisang Samahan ng mga Tsuper at Operator Nationwide (PISTON) believe that increases in fuel prices will continue until year-end. Greg Perez, PISTON Cebu coordinator, said that fuel price increases could even reach as much as…
Local businesses will have to implement more belt tightening measures, appeal to their employees to help save on unnecessary costs, and think of more ways to sustain productivity. Steven Yu, Mandaue Chamber of Commerce and Industry (MCCI)…
The booming outsourcing sector continues to be the biggest demand driver for office space in Cebu despite initial concerns of a slowdown. In its latest report, property management and research firm Colliers International Philippines concluded that the…
SAN FRANCISCO, California — As Typhoon Mangkhut and Hurricane Florence threaten to barrel through the Philippines and the US, respectively, climate activists are demanding government leaders and businesses at the Global Climate Action Summit (GCAS) to commit…
As inflation rate spiked to a new nine-year high of 6.4 percent in August, Senator Bam Aquino on Wednesday called on the administration to certify as urgent Senate Bill No. 1798 or the Bawas Presyo Bill. Aquino’s…
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