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Philippines slightly upgrades GDP growth to 6 pct in Q3
MANILA, Jan. 30 (Xinhua) -- The Philippine Statistics Authority (PSA) on Tuesday slightly upgraded year-on-year growth of gross domestic product (GDP) for the third quarter of 2023 to 6 percent from preliminary estimate of 5.9 percent. "The major contributors to the upward revision were manufacturing, from 1.7 percent to 1.8 percent; financial and insurance activities, from 9.5 percent to 9.6 percent; and accomm.....»»
T-bond rates up slightly
The government borrowed P30 billion from the domestic debt market at a slightly higher rates ahead of the policy decision of the US Federal Reserve......»»
Meralco power rates slightly up this month
Rates of Manila Electric Co. are up slightly at the start of 2024......»»
Another oil price cut seen next week
Another rollback of pump prices may be implemented next week, according to Department of Energy (DOE) – Oil Industry Management Bureau assistant director Rodela Romero......»»
Price rollback: P0.45 for diesel, P0.25 for gas
In separate advisories, oil companies implemented a rollback on pump prices of P0.25 per liter for gasoline, P0.45 for diesel and P0.90 for kerosene......»»
Oil price hike set on April 16
Oil firms will observe an increase in pump prices in the third week of April......»»
Oil price hike expected this Holy Week
Oil firms are expected to implement an increase in pump prices on Holy Tuesday, March 26......»»
P0.60 price cut for gas, P0.10 for diesel
Oil companies will implement a rollback of pump prices today......»»
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......»»
Another oil price increase looms
Higher pump prices of petroleum products are expected to take effect next week. .....»»
Mixed movement at the pumps seen next week
Local oil companies are expected to implement a mixed movement in pump prices next week......»»
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 ......»»
Traders, middlemen blamed for soaring commodity prices
The soaring prices of basic commodities in the market despite the wide gap in farmgate and retail prices are brought by as much as 200 percent profit of middlemen and traders, according to administration lawmakers......»»
‘Traders must explain soaring prices of goods in probe’
Traders and middlemen must give the proper responses to congressmen, once the House committee on trade and industry continues its inquiry on the soaring prices of basic goods despite plunging farmgate prices, Speaker Ferdinand Martin Romualdez said last Monday......»»
Mixed adjustments in oil prices today
Local oil firms made mixed adjustments in petroleum prices today, with the prices of diesel and kerosene rolled back while that of gasoline increased.?.....»»
Presyo Merkado: Current prices of food in Metro Cebu markets
Presyo Merkado is a daily guide to the prices of goods in different markets around Metro Cebu. Stay updated by checking our site and social media platforms every morning. (UPDATED) CEBU CITY, Philippines —It is almost payday! What are you planning to buy in the market? You may check the prices of goods and commodities.....»»
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......»»
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 […].....»»
High rice prices to persist until September – DA
Despite sufficient rice stocks in the first half of the year, elevated rice prices may persist until September due to high international prices caused by the El Niño phenomenon, according to the Department of Agriculture......»»
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......»»