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Fuel prices in Cebu City gas stations as of Feb. 13
CEBU CITY, Philippines — Motorists this week can expect a slight relief after fuel prices decreased with the implementation of a rollback on February 13, Tuesday. Local oil firms announced in separate advisories that the price of gasoline will decline by P0.60 per liter, diesel by P0.10 per liter, and kerosene by P0.40 per liter......»»
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.....»»
P10.5-M unmarked fuel seized in Bataan
P10.5-M unmarked fuel seized in Bataan.....»»
Hotshots escape Fuel Masters to go 1-0 in PBA semis
The Magnolia Hotshots drew first blood against the Phoenix Fuel Masters after escaping with an 82-79 win in their best-of-five PBA Commissioner’s Cup semifinal at the Smart Araneta Coliseum......»»
Fuel prices expected to increase anew
Fuel prices expected to increase anew.....»»
Fuel Masters quickly move on from 3OT loss to Bolts
Despite blowing a 15-point lead and eventually losing in triple overtime to the Meralco Bolts in their PBA Commissioner’s Cup quarterfinal clash Wednesday, Phoenix Fuel Masters head coach Jamike Jarin said there is "nothing and nobody to blame.".....»»
Bolts outlast Fuel Masters in 3OT
The Meralco Bolts will live to fight another day after escaping the Phoenix Fuel Masters in triple overtime, 116-107, in the PBA Commissioner's Cup Wednesday at the Philsports Arena in Pasig City......»»
US military moving fuel closer to Taiwan
The American Embassy in Manila has confirmed a shipment from a naval base in Hawaii to a commercial site in the Philippines The US has confirmed that it has transferred large amounts of fuel from a military base in Hawaii to storage facilities across Southeast Asia. The announcement came after a Philippines senator ra.....»»
US military moving fuel closer to Taiwan
The American Embassy in Manila has confirmed a shipment from a naval base in Hawaii to a commercial site in the Philippines The US has confirmed that it has transferred large amounts of fuel from a military base in Hawaii to storage facilities across Southeast Asia. The announcement came after a Philippines senator ra.....»»
US tanker transfers fuel to Subic storage facility
US-registered tanker is currently in the country to transfer fuel from a military base in Pearl Harbor, Hawaii to a commercial storage facility in Subic Bay, according to the US embassy in Manila......»»
Mati City, 10 municipalities in Davao Oriental suspend classes, work
Following the impact of a Low-Pressure Area (LPA) affecting Northern and Southern Mindanao, local government units (LGUs) in Davao Oriental have collectively suspended classes and government and private offices. The City of Mati and 10 municipalities, including Baganga, Governor Generoso, Cateel, and others, have issued Executive Orders in line with Presidential Executive Order No. 66, series of 2012. The Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) has forecasted moderate to heavy rains in Davao Oriental due to the Northeast Monsoon (Amihan) and LPA, posing a risk of landslides and flash floods. The Provincial Local Government Unit of Davao Oriental and Municipal Disaster Risk Reduction Management Councils have reported landslides in Lupon and Cateel, with ongoing clearing operations. The Bureau of Fire Protection and other government agencies have rescued families affected by flash floods in Cateel and Caraga. Franz Irag from the Office of Civil Defense-Davao Region confirmed that around 200 individuals or close to 500 families in Davao Region have been displaced and are now in evacuation centers. Additionally, five LGUs in the province of Davao de Oro have also declared the suspension of classes and work in both public and private offices......»»
Philippines to save P16 billion annually from higher ethanol blend
Increasing the ethanol blend in gasoline products from 10 percent to 20 percent could cut fuel prices by as much as four percent, resulting in as much as P16 billion in annual savings for Filipino vehicle owners, according to the United States Department of Agriculture-Foreign Agricultural Service......»»
Badian hospital’s utility worker sustains cut after being punched by security guard
Badian hospital’s utility worker sustains cut after being punched by security guard.....»»
Analysts mixed on timing of BSP rate cut
Local and foreign analysts are divided on whether the Bangko Sentral ng Pilipinas (BSP) has room to cut ahead of the US Federal Reserve, as doing so may put pressure on the peso......»»
Moody’s: BSP rate cut could start in August
The Bangko Sentral ng Pilipinas could cut borrowing costs by 25 basis points as early as August, and another 25 bps in the fourth quarter, if inflation and the peso stabilize in the second half of the year, Moody’s Analytics said......»»
First rate cut likely 25 basis points - The Manila Times
MONETARY authorities will cut key interest rates by 25 basis points (bps) once inflation settles around the midpoint of the target range, the chief of the Bangko Sentral ng Pilipinas (BSP) said. "Right now, if we ease, it will just be 25 basis points. But we'll see," central bank Governor Eli Remolona Jr. told reporters on Monday. "Anything more than 25 [bps], it's like there's a recession alrea.....»»
Magic beat Cavaliers 121-83 to cut their deficit to 2-1
Magic beat Cavaliers 121-83 to cut their deficit to 2-1.....»»
Maybe no Fed rate cuts in FY24?
A recent CNBC article captured the growing concern that the US Federal Reserve’s first rate cut – the infamous “pivot” – might not happen until “at least September”, and discusses a few analysts (including those from Bank of America) who have said that there is “real risk” that the first cut might not even come until March 2025......»»
Geopolitics, rate cut delays could spoil IPO rebound in 2024
Geopolitical tensions and interest rate cut delays could play the spoiler’s role in initial public offerings (IPO) staging a major comeback in the local bourse this year......»»
Some developers cut through Chocolate Hills – DENR
Some project developers cut through the Chocolate Hills in Bohol during the construction of their structures, Environment Secretary Maria Antonia Yulo-Loyzaga said, reiterating that this is prohibited under the National Integrated Protected Areas System (NIPAS) law......»»