Marcos cuts LPG, kerosene excise to ease costs
President Ferdinand Marcos Jr. on Monday ordered the removal of excise taxes on liquefied petroleum gas (LPG) and kerosene, a move aimed at easing household expenses while maintaining support for domestic producers.
Balisacan sees growth slowdown, downplays recession risk
Economic Planning Secretary Arsenio Balisacan said the Philippine economy is unlikely to slip into contraction this year despite mounting pressures from a fuel crisis, although growth is expected to fall short of earlier government targets.
DPWH eyes SLEX TR4 extension to Sorsogon; first phase set to open this year
The Department of Public Works and Highways (DPWH) is planning to extend the South Luzon Expressway Toll Road 4 (TR4) up to Matnog, Sorsogon by next year.
Italpinas sees growth despite profit drop, expands to new areas
Boutique developer Italpinas Development Corp. (IDC) said it expects continued growth this year, even as global tensions such as the Middle East war put pressure on the property market.
Axelum budgets P200M capex after record P10B revenues
Axelum Resources Corp. has earmarked around P200 million in capital expenditures for 2026 to expand automation, upgrade machinery, and sustain operations, following a record year that pushed revenues past the P10-billion mark.
