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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.....»»
‘Problematic power generation doubled electricity cost’
From P6 to P7 per kilowatt-hour, the cost of electricity has doubled to P11 per kwh due to problematic power generation, according to Sen. Sherwin Gatchalian......»»
UnionBank prices SRO at P30.57 per share
Union Bank of the Philippines has set the price of its stock rights offering at P30.57 per share, below the price range of P33.73 to P38.23 per share it provided a week ago......»»
Government urged to boost spending for broadband infrastructure
A leading think tank has called on government to aggressively invest in broadband infrastructure to boost the competitiveness of the Philippines in the global digital economy......»»
Group calls for lease-free installation of broadband links
Like free access to electricity and water lines, the installation of broadband connectivity should not bear additional costs to internet providers, according to CitizenWatch Philippines......»»
PLDT out to fortify broadband dominance
Who says the broadband market is saturated?.....»»
‘Government broadband program key to digital push’
An international think tank has lauded the administration’s Broadband ng Masa Program, saying it is a critical component of efforts toward digital transformation and inclusivity, but warned there needs to be a greater push for improvement......»»
Converge tops broadband speed in 2023
Broadband provider Converge ICT Solutions Inc. snapped the five-year streak of PLDT Inc. as the operator to beat in the Philippines as it claimed the top spot in 2023 for turning in the fastest internet speed......»»
Philippines urged to improve broadband infrastructure
The Philippines will need to pursue and implement reforms aimed at encouraging competition and investments to improve its broadband infrastructure, according to a World Bank study......»»
ABS-CBN clarified PCC has not completed its review of broadband business sale to PLDT
ABS-CBN clarified that the Philippine Competition Commission has not completed its review of the proposed P6.8 billion sale of Sky Cable’s broadband business to PLDT......»»
Moody’s Analytics sees below 5 percent GDP in Q4
Philippine economic growth likely slowed to below five percent in the final quarter of 2023 on the back of softer global economic growth, according to Moody’s Analytics......»»
April inflation comes in at 3.8%
The Philippine Statistics Authority revealed that inflation quickened slightly in April to 3.8% y/y, up from the 3.7% reading in March, but below estimates from economists who (on average) were expecting to see inflation come in at around 4.1% for the month......»»
Drought, dry spell to affect 72 provinces
Up to 72 provinces will experience below average rainfall by the end of this month, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration......»»
Inflation likely eased below 3 percent in January
Economists believe inflation further eased for the fourth straight month in January, with some convinced that the rise in consumer prices slowed to below three percent for the first time in more than three years......»»
German manufacturing hits four-month low - S& P Global
Factory activity has dropped further than expected by economists, signaling a sharp downturn in the economy, data shows German manufacturing activity dropped well below expectations in February, indicating an accelerated rate of economic downturn, the latest data compiled by S&P Global has revealed. .....»»
Cebu Pacific named among safest budget carriers globally
Low-cost carrier Cebu Pacific has landed as one of the safest low-cost airlines in the world, beating nearly 400 global operators in terms of compliance with international standards, according to AirlineRatings.com......»»
PLDT rings in P9.8 B profit in Q1, up by 9%
PLDT, the country’s largest telco, is adjusting well to the shrinking market for broadband products and spiraling cost of goods and services as it generated earnings of almost P10 billion in the first quarter of the year......»»
P20 per kilo ng bigas swak sa 4Ps
Natupad na rin ang campaign promise ni Pangulong Bongbong Marcos sa P20 per kilong bigas nang mabentahan ang mga benepisyaryo ng Pantawid Pamilyang Pilipino Program (4Ps) sa Kadiwa ng Pangulo sa Ligao City, Albay. The post P20 per kilo ng bigas swak sa 4Ps first appeared on Abante......»»
Pork sumirit presyo sa P400 per kilo – Agri exec
Binabantayan ngayon ng Department of Agriculture (DA) ang pagtaas ng presyo ng karneng baboy sa mga palengke kung saan may umaabot na umano sa P400 per kilo. The post Pork sumirit presyo sa P400 per kilo – Agri exec first appeared on Abante......»»
Petron rolls back LPG price by P11 per 11-kg cylinder
MANILA, Philippines — Petron Corp. slashed the price of its liquefied petroleum gas product after implementing increases for three consecutive months this year. In its advisory, Petron said its LPG price was cut by P1 per kilogram (kg) or a total of P11 per 11-kg cylinder effective April 1 at 12 noon. “This reflects the.....»»