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Fuel price rollback expected this week

MANILA, Philippines — Good news awaits motorists following successive price increases in gasoline as oil companies are tipped to slash local fuel prices by less than a peso this coming week, according to industry sources. In an advisory over the weekend, Unioil said the price of diesel should go down by 30 centavos to 40.....»»

Category: newsSource:  inquirerRelated NewsApr 28th, 2024

OceanaGold IPO price set

OceanaGold Inc. , the operator of Didipio gold and copper mine in Nueva Vizcaya, pegged its initial public offering price at P13.33 per share, more than a fifth lower than its earlier announced maximum price of P17.28 per share......»»

Category: financeSource:  philstarRelated NewsApr 24th, 2024

LTFRB assures commuters: No impending fare hike

The Land Transportation Franchising and Regulatory Board has assured commuters that there is no impending fare hike even as the government implements its public utility vehicle modernization program......»»

Category: newsSource:  philstarRelated NewsMay 4th, 2024

LTFRB: No basis to immediately implement fare hikes amid PUVMP

The Land Transportation Franchising and Regulatory Board (LTFRB) said that there is no basis in implementing fare hikes despite the ongoing public utility vehicle (PUV) modernization program. .....»»

Category: newsSource:  philstarRelated NewsMay 4th, 2024

P25 jeepney fare hike: LTFRB-7 says it won’t happen

  CEBU CITY, Philippines – The demand for a P25 increase in the minimum fare for jeepney drivers, from P15 to P40, is deemed impossible to realize, according to the Land Transportation Franchising and Regulatory Board (LTFRB) Region 7 Director Eduardo Montealto Jr. Montealto said that the P25 increase should not be taken lightly, as.....»»

Category: newsSource:  inquirerRelated NewsMay 3rd, 2024

Cebu Daily Newscast: P25 fare increase: Jeepney drivers to demand this hike if…

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Thursday, May 2, 2024. P25 fare increase: Jeepney drivers to demand this hike if… Ordinary passengers who rely on commuting daily will face a much greater burden on their wallets, as jeepney drivers will.....»»

Category: newsSource:  inquirerRelated NewsMay 2nd, 2024

Marina 7 to review ‘high’ Bantayan fare rates

Marina 7 to review ‘high’ Bantayan fare rates.....»»

Category: newsSource:  sunstarRelated NewsApr 20th, 2024

inDrive pauses operations to fix fare concerns

Ride-hailing giant inDrive, touted as the potential competitor of Grab Philippines, has suspended its operations in the country to address issues raised by the government regarding its fare system......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

New ride-hailing app inDrive suspended due to fare-haggling system

Prior to the suspension order, inDrive was positioning itself to make a splash as a competitor to Grab. Now, its plans are on pause after the LTFRB questioned its fare-haggling system......»»

Category: newsSource:  rapplerRelated NewsJan 24th, 2024

Lower output cuts Philex profit

Pangilinan-led Philex Mining Corp. saw its 2023 core net income decline to P963 million year-on-year due to lower output and elevated operating costs and expenses......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

P2.5B swak sa fuel subsidy ng mga tsuper

May nakalaang P2.5 bilyon para sa fuel subsidy ng mga PUV driver ngayon taon, ayon kay Makati City Rep. Luis Campos Jr. The post P2.5B swak sa fuel subsidy ng mga tsuper first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 10th, 2024

Mixed adjustments on fuel today

Separate advisories from oil companies announced mixed price adjustments on fuel products effective today......»»

Category: newsSource:  philstarRelated NewsMar 5th, 2024

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.....»»

Category: newsSource:  inquirerRelated NewsMar 4th, 2024

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......»»

Category: newsSource:  inquirerRelated NewsFeb 13th, 2024

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

LTFRB may ‘libreng sakay’ kasabay ng transport strike sa April 15

MAY handog na libreng sakay ang Land Transportation Franchising and Regulatory Board (LTFRB) ngayong Lunes, April 15. Ito ay para sa mga commuter na maaapektuhan ng transport strike. Ang anunsyo ng LTFRB ay matapos ipahayag ng transport groups na magpapatuloy sila sa serye ng mga welga simula sa nasabing petsa upang ipakita ang hindi pagsang-ayon.....»»

Category: newsSource:  inquirerRelated NewsApr 14th, 2024

GPS 2024: 15 new Roads of National Significance

The Coalition Government's priority for investment in the draft Government Policy Statement (GPS) on Land Transport is to support economic growth and productivity and ensure our land transport system allows people and freight to move quickly and safely, Transport Minister Simeon Brown says. "Delivering on commitments in our Coalition Agreements, we are re-introducing the successful Roads.....»»

Category: sportsSource:  abscbnRelated NewsMar 4th, 2024

Household cuts rice consumption

Household cuts rice consumption.....»»

Category: newsSource:  sunstarRelated NewsApr 13th, 2024

Faster inflation could delay interest rate cuts – BDO

Faster inflation could delay monetary policy rate cuts from the Bangko Sentral ng Pilipinas , according to an official from BDO Trusts and Investments, the investment arm of BDO Unibank Inc......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

Gradual BSP rate cuts likely by Q3

The Bangko Sentral ng Pilipinas is expected to make gradual interest rate cuts starting in the third quarter of the year, according to global banking giant Citi......»»

Category: financeSource:  philstarRelated NewsFeb 17th, 2024