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Consumers express mixed reactions on slight power rate increase
Consumers of Davao Light and Power Co., Inc. have expressed mixed reactions to a slight increase in the overall power rate starting January 2024. The increase is attributed to higher market prices affecting the generation rate. Noriza Mabanding, a virtual assistant, noted the impact on her energy usage and the need to schedule appliance usage to save energy. Jenalyn Manguiob, a small business owner, expressed dissatisfaction with the increase's effect on her business but acknowledged the global market's influence and the importance of conserving energy. The increase amounts to P0.0774 per kWh, resulting in a minor increase in electricity bills for residential customers......»»
Fuel prices as of Jan. 30: Gasoline up by P2.80, diesel by P1.30
CEBU CITY, Philippines – Local oil companies here have announced ta significant increase in the prices of fuel effective Tuesday, January 30, 2024. As a result, motorists in Cebu City will be facing a hefty increase in the prices of fuel products on the first week of February. This marks the fourth consecutive week of.....»»
Prices
To most Filipinos, their No. 1 problem is prices – high prices. Of nearly everything. The rate of increase in prices is inflation. Most people don’t understand what inflation means. But they know when prices are high, or are exceedingly high......»»
DTI monitoring bottled water prices in Baguio
The Department of Trade Industry (DTI) said that it is monitoring the prices of bottled water in Baguio City amid the increased demand for it following recorded cases of acute gastroenteritis in the city......»»
Filing of complaints now easier with CARe System – DTI
The DTI introduced the DTI Consumer Complaints Assistance and Resolution System (CARe System) to the general public on 13 October 2023 held at the New World Hotel Manila......»»
DTI, Google to Empower MSMEs and Jobseekers to be Digitally Ready
The Department of Trade and Industry (DTI) and Google Philippines announced their collaboration to help Micro, Small and Medium Enterprises (MSMEs) and jobseekers to be more digitally adept in a US Trade Mission meeting last March 11, 2024, held in Malacañang. DTI Secretary Fred Pascual expressed his appreciation of the partnership with Google and said […].....»»
Mixed movements in oil prices seen next week
Pump prices of fuel products may see mixed movements next week, with gasoline continuing its downward trend and an uptick in diesel and kerosene prices following a recent rally in global oil prices......»»
Factory gate prices decline in January
Producer prices of manufactured goods contracted in January due mainly to the slower increase in prices of computer, electronic and optical products, according to the Philippine Statistics Authority......»»
DTI: Tatak Pinoy Act to Boost PH Industrialization
The Department of Trade and Industry (DTI) to boost its efforts for industrialization with the recent approval of the “Tatak Pinoy” Act on February 26, 2024. The move is in sync with the Philippine Development Plan 2023-2028, focusing on empowering local industries to make a wider range of top-notch products and compete better globally. The […].....»»
Fuel prices in Cebu City as of Feb. 6: Gasoline up by 75 centavos, diesel by P1.50
CEBU CITY, Philippines — Another round of increase in fuel prices greeted motorists on Tuesday, February 6. Local oil firms announced in separate advisories that the prices of gasoline will increase by 75 centavos per liter and diesel by P1.50 per liter. Meanwhile, kerosene was up by 80 centavos per liter. The Department of Energy.....»»
Spotify Mulling to Raise Subscription Prices Again
Music streaming giant Spotify plans to increase its Premium subscription prices by USD1.00 to USD 2.00 in the United Kingdom, Australia, Pakistan, and two other countries by the end of April This comes as Bloomberg reported the possible increase, with a price increase in the US expected to follow later this year. The latest price […].....»»
Philippine exports surpass 100 bln USD in 2023
MANILA, April 1 (Xinhua) -- Philippine exports exceeded 100 billion U.S. dollars for the first time in 2023, with a total of 103.6 billion dollars, a 4.8 percent increase from 2022, the Philippines' Department of Trade and Industry (DTI) said Monday. Citing data from the Bangko Sentral ng Pilipinas (BSP), the country's central bank, DTI Secretary Alfredo Pascual said that the strong performance of the informatio.....»»
Oil prices seen to decline again next week
Pump prices for fuel products could decline again next week, as oil prices in the Asian market fell amid favorable global political and economic conditions, according to the Department of Energy......»»
Producer prices decline at slower pace in March
Factory gate prices contracted at a slower pace in March from the previous month due mainly to the slower decline in the prices of petroleum products, according to the Philippine Statistics Authority ......»»
Cebu Daily Newscast: Fuel prices: Big time hikes for gasoline, diesel start Tuesday
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Monday, February 19, 2024. Fuel prices: Big time hikes for gasoline, diesel start Tuesday Local oil firms have announced big-time increases in the pump prices of petroleum products effective on Tuesday, February 20, and.....»»
How to Navigate a Price Increase and Still Make Customers Happy
Running a business is not easy, especially when you are going to make tough decisions that would make or break it. One of these dreadful situations is adjusting your prices, specifically increasing them. There are times when the cost of making your products rises, forcing you to increase it as well. Increasing your prices might […].....»»
Higher diesel, gasoline prices seen next week
Prices of fuel products will increase next week, according to the Department of Energy’s Oil Industry Management Bureau assistant director Rodela Romero......»»
EDITORIAL — A different onion crisis
During the 2022 Christmas holidays, Filipinos reeled from the eye-watering prices of red onions, which surged to over P700 a kilo, with no white onions to be had for onion rings, burgers and bistek......»»
Fuel prices rise by 50¢ per liter amid Russia export ban
MANILA, Philippines —Fuel pump prices will increase by P0.50 per liter starting Tuesday, March 5, due to Russia’s six-month export ban. However, diesel prices will decrease by P0.40 per liter and kerosene by P0.35 per liter, as reported by local oil firms. Shell and Seaoil will implement the price adjustments by 6 a.m. while CleanFuel.....»»
Flower prices seen to increase ahead of Valentine’s Day
According to some vendors, flower prices might double or triple next week, citing the anticipated high demand and steep prices of suppliers......»»