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Oil Prices Set to Drop After 5 Weeks of Increases

Oil companies to reduce fuel prices on Tuesday, following five consecutive weeks of price increases. Oil prices in Caltex, Cleanfuel, Jetti, Petro Gazz, Seaoil, and Shell are expected to roll back to PHP 0.60 per liter of gasoline and PHP 0.10 per liter of diesel. Meanwhile, Caltex, Seaoil, and Shell are also set to lower […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 13th, 2024

Shell Pilipinas profit tumbles to P1.2 billion in 2023

The earnings of Shell Pilipinas Corp. plunged by 70.7 percent to P1.2 billion in 2023 from P4.1 billion in 2022 on the back of declining global fuel prices and elevated interest rates......»»

Category: financeSource:  philstarRelated NewsMar 23rd, 2024

Ayala Land allots P13 billion to redevelop 4 major malls

Ayala Land Inc. is spending P13 billion for the redevelopment of its malls, which is expected to be completed by 2028......»»

Category: financeSource:  philstarRelated NewsFeb 16th, 2024

PDEA-9 agents seize P13.6-M worth of shabu from 2 dealers

Agents of the Philippine Drug Enforcement Agency confiscated P13.6 million worth of shabu from two peddlers arrested in an entrapment operation in the Camino Nuevo area in Zamboanga City at about dusk on Saturday......»»

Category: newsSource:  philstarRelated NewsMar 3rd, 2024

Tudela among 75 towns to receive P13.3M grant

Tudela among 75 towns to receive P13.3M grant.....»»

Category: newsSource:  sunstarRelated NewsFeb 24th, 2024

Cebu-Based Filipino Homes Launches Global Partners Facility Against Scammers in Real Estate

Cebu-based Filipino Homes intensified its campaign against scammers in buying real estate properties with the launching of their “Global Partners” facility in Dubai, United Arab Emirates (UAE). The facility will help in particular Overseas Filipino Workers (OFWs) or Filipinos living abroad access to right information pertaining to property investments in the Philippines and other related […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 5th, 2024

Budget gap widens to P273 billion in 3 months

The country’s budget shortfall slightly increased in the first quarter as the government continued to spend more than what it generated from revenues......»»

Category: financeSource:  philstarRelated NewsApr 25th, 2024

Meralco taps fresh import

Only one game is left in Meralco’s schedule before ending its EASL season against the Seoul SK Knights at the Jamsil Students Gymnasium tomorrow night and even as the Bolts are out of contention for a Final Four slot, coach Luigi Trillo brought in a new import 6-9 Alioune Tew to team with 6-7 Shonn Miller for the last stand......»»

Category: sportsSource:  philstarRelated NewsFeb 6th, 2024

‘Legislated wage hike spells job losses’

A bill that seeks a P100 increase in the daily minimum wage for private workers nationwide could spell job losses especially in labor-intensive sectors, economists warned......»»

Category: financeSource:  philstarRelated NewsFeb 19th, 2024

‘Run it back’: Tyler Bey wants another shot with Magnolia after finals heartbreak

The PBA Commissioner's Cup proves to be a tournament marked by runner-up finishes for Magnolia import Tyler Bey as he falls short of the Best Import plum and the championship.....»»

Category: newsSource:  rapplerRelated NewsFeb 16th, 2024

Philippines to import more rice – USDA

The United States Department of Agriculture (USDA) hiked its rice import forecast for the Philippines to 3.9 million metric tons this year, driven by bigger purchases from Vietnam......»»

Category: financeSource:  philstarRelated NewsFeb 9th, 2024

Romualdez, Villarica break ground for NCMH facility

A mental health facility for women and children has been inaugurated in Mandaluyong City......»»

Category: newsSource:  philstarRelated NewsMar 21st, 2024

Losses to Philippine agriculture due to El Nino reach 31 mln USD

MANILA, March 20 (Xinhua) -- The El Nino dry spell and ensuring drought have caused over 1.75 billion pesos (roughly 31 million U.S. dollars) in damage to Philippine agriculture, a senior government official said Wednesday. This year's losses due to El Nino are still low compared to 2009 when the damage to agriculture reached 17 billion pesos (302 million dollars), Presidential Communications Office Assistant Se.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

Shrinking news space: CNN Philippines shuts down due to financial losses

CNN PHILIPPINES officially announced on Jan. 29 that it was shutting down operations on all platforms following several years of financial losses. It made the announcement on its channel through a broadcast advisory, followed by an official statement on social media. Operated by Nine Media C.....»»

Category: sportsSource:  abscbnRelated NewsFeb 1st, 2024

CNN Philippines announces closure due to financial losses

The news network announced its shutdown in a general assembly of its staff on Monday, citing “serious financial losses.".....»»

Category: newsSource:  philstarRelated NewsJan 29th, 2024

CNN Philippines shutting down as losses exceed P5B

MANILA  —CNN Philippines is going off the air nearly nine years after debuting into the local broadcasting industry as its local franchise holder decided to pull the plug after accumulating financial losses exceeding P5 billion. The shutdown of the television network —which will affect about 300 employees — will be formally announced on Monday, an.....»»

Category: newsSource:  inquirerRelated NewsJan 27th, 2024

Philippines to import less rice this year – USDA

The United States Department of Agriculture (USDA) has lowered its rice import forecast for the Philippines to 3.9 million metric tons (MT) as it expects the country to have a better harvest than earlier projected......»»

Category: financeSource:  philstarRelated NewsApr 13th, 2024

Philippines may import onions amid armyworm infestation

The Philippines might have to import up to 60,000 metric tons of onions as 45 percent of plantations are affected by harabas or armyworm infestations that worsened due to El Niño, according to the Philippine Chamber of Agriculture and Food Inc. ......»»

Category: newsSource:  philstarRelated NewsMar 14th, 2024

Best Import award surprises J3

Johnathan Williams never expected to be named Best Import of the PBA Commissioner’s Cup so when Phoenix coach Jamike Jarin phoned last Friday to break the news, he couldn’t believe it at first......»»

Category: sportsSource:  philstarRelated NewsFeb 10th, 2024

New NLEX import debuts impressively

NLEX Road Warriors head coach Frankie Lim lauded the "pretty decent" debut of import Deandre Williams-Baldwin......»»

Category: sportsSource:  philstarRelated NewsJan 11th, 2024