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DOE official: Grid system in Panay Island stable

DOE official: Grid system in Panay Island stable.....»»

Category: newsSource:  sunstarRelated NewsJan 22nd, 2024

Power rates expected to rise because of El Niño

DAVAO CITY (MindaNews / 17 January)—Expect possible increasing power rates throughout the year amid the anticipated El Niño phenomenon in the country, an official from the Department of Energy (DOE)-Mindanao said. Engr. Darwin P. Galang, DOE-Mindanao senior science research specialist, said the anticipated increasing power rates can be possibly El Niño-related, with 26 percent of […].....»»

Category: newsSource:  mindanewsRelated NewsJan 19th, 2024

DOE should regulate NGCP

The messy situation between the DOE and NGCP is responsible for problems that inconvenience electricity consumers......»»

Category: financeSource:  philstarRelated NewsJan 12th, 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 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.....»»

Category: newsSource:  inquirerRelated NewsFeb 6th, 2024

Galunggong retail price up 20 percent

The retail price of galunggong or round scad has increased by 20 percent as fish demand rises during the Holy Week......»»

Category: newsSource:  philstarRelated NewsMar 26th, 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

Market falls amid worries over rate cuts, China growth

Share prices ended in the red for a third session after another dour day across global markets, fuelled by a sense of resignation that the interest rate cuts long expected in March will not materialize due to stubbornly high inflation......»»

Category: financeSource:  philstarRelated NewsJan 18th, 2024

Over P1 fuel price hike seen next week

Oil prices are expected to increase next week, according to Department of Energy Oil Industry Management Bureau assistant director Rodela Romero......»»

Category: newsSource:  philstarRelated NewsFeb 17th, 2024

Pump prices up on February 20

After last week’s oil price rollback, oil firms will implement another round of increase in pump prices this week. .....»»

Category: financeSource:  philstarRelated NewsFeb 19th, 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

NFA mulls hike in selling price

The National Food Authority is considering raising its selling price of rice to as much as P36 per kilogram to recover its costs and keep profit margins after it increased its palay buying price last year......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

Nine SKUs post price hike in latest SRP bulletin

Nine stock keeping units have recorded price hikes in the most recent suggested retail price bulletin for basic necessities and prime commodities, according to the Department of Trade and Industry......»»

Category: financeSource:  philstarRelated NewsJan 17th, 2024

Big-time oil price hike amid Holy week exodus

Big-time oil price hike amid Holy week exodus.....»»

Category: newsSource:  sunstarRelated NewsMar 25th, 2024

Oil price rollback expected next week

Lower pump prices for petroleum products are expected next week, with the Department of Energy-Oil Industry Management Bureau assistant director Rodela Romero estimating an oil price decrease of around P1 to P1.20 per liter for gasoline, P0.40 to P0.60 per liter for diesel, and P0.45 to P0.65 per liter for kerosene......»»

Category: newsSource:  philstarRelated NewsFeb 10th, 2024

Positive movement in S& P 500 futures following Meta and Amazon results preceding upcoming jobs report

Title: Tech Giants Fuel Market Optimism Amidst Fears of Rate Cuts in March Date: [Insert Date] Word Count: [300-400 words] The Daily Guardian – Amidst.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 2nd, 2024

Peso may outperform peer currencies this year

The peso is seen outperforming other currencies in the region this year, but is not likely to strengthen against the dollar due to expectations of delayed rate cuts and the Philippines’ trade deficit, according to British banking giant HSBC......»»

Category: financeSource:  philstarRelated NewsApr 14th, 2024

Rate cuts to help investments regain momentum – economist

The country’s investment climate will likely regain its momentum once policy rates here and abroad start to normalize in the second half of the year, coupled with economic reforms meant to attract foreign capital......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024