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Inflation biting harder this year as BSP raises forecast to 5.1%

Households across the country are continuing to feel the pressure of rising prices as inflation drives up everyday expenses. The Bangko Sentral ng Pilipinas (BSP) has increased its 2026 average inflation forecast to 5.1 percent, citing global economic pressures and elevated oil prices. While fuel price rollbacks have provided occasional relief, higher costs for goods and services remain a persistent burden.

Fuel price rollback seen next week; diesel may drop up to ₱20/L

A local fuel retailer said pump prices are expected to go down again next week, with gasoline possibly dropping by ₱2 to ₱3 per liter and diesel by as much as ₱18 to ₱20 per liter.

Bataan solar project set for public scoping on April 20

The Department of Environment and Natural Resources (DENR), through the Environmental Management Bureau (EMB), will hold a public scoping on April 20, 2026 for a proposed solar energy project in Hermosa, Bataan.

Cebu Pacific ranks among top global airlines for sustainability, S&P report shows

Cebu Pacific has been recognized as one of the world’s top-performing airlines in sustainability, ranking in the top 25 percent globally in the latest S&P Global Corporate Sustainability Assessment (CSA). The airline scored 47, above the industry average of 37, making it the most sustainable carrier in the Philippines.

Skyro partners with ECPay to expand loan payment options nationwide

Skyro, a fintech company registered with the Securities and Exchange Commission (SEC), has teamed up with ECPay to make loan payments easier and more accessible for Filipinos across the country.

Just in

PhilExport urges MSMEs to turn trade deals into export wins

The Philippines must do more than sign trade deals—it must help smaller businesses turn them into export sales, Philippine Exporters Confederation Inc. (PhilExport) President Sergio Ortiz-Luis Jr. said.

DA asks Senate to back P198.4-B 2027 budget to protect farmers, secure food

The Department of Agriculture is urging lawmakers to approve its P198.4-billion proposed 2027 budget, noting farmers and fisherfolk now face rising costs, climate risks, and global economic pressures.

DOE stands firm on new coal bidding rules to bolster national energy strategy 

The Department of Energy will proceed with its updated bidding rules for brownfield coal resource areas despite opposition from key industry player Semirara Mining and Power Corp. Energy Secretary Sharon Garin affirmed that the revised terms will apply uniformly to all prospective bidders, as the government seeks to prioritize domestic fuel supply over foreign exports.

Vingroup plans $500M EV plant in Philippines, EVIS role unclear

The Department of Trade and Industry (DTI) said Wednesday that the proposed plant would have an initial annual production capacity of 200,000 units, serving both domestic and export markets. Construction is targeted to begin in the first quarter of 2027, with completion expected within 12 to 18 months.
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