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Oil, dollar surge as Middle East conflict sparks fears of energy shock

Global markets jolted into the new week after a dramatic escalation between the United States, Israel and Iran triggered fresh fears of an energy supply shock that could ripple through currencies, inflation and consumer prices worldwide.

Foundever first in PH to earn TESDA accreditation for CX training

Foundever has become the first company in the Philippines to receive a Certificate of Program Registration (CTPR) from the Technical Education and Skills Development Authority (TESDA) for its Customer Experience (CX) and Communications Training Level II program.

Pump prices jump over P1 anew as Middle East tensions bite

Fuel prices jump by more than P1 per liter this week, marking the eighth straight week of increases for gasoline and the ninth for diesel and kerosene, as global tensions in the Middle East continue to push oil costs higher.

Gov’t rushes fuel subsidy program as oil nears $80 a barrel 

The Department of Transportation (DOTr) and the Land Transportation Franchising and Regulatory Board (LTFRB) are speeding up the preparation of documents needed to release fuel subsidies to public utility vehicle (PUV) operators and drivers as global oil prices near $80 per barrel.

SM Investment Corp. weighs exit from mining, plans to sell Atlas stake

SM Investments Corp. (SMIC) is considering selling its 30 percent stake in Atlas Consolidated Mining and Development Corp., marking a possible exit from the mining sector.

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GMA seeks analog‑TV shutdown delay, cites unresolved viewer aid plan

GMA Network Inc. has filed a request with the National Telecommunications Commission (NTC) to push back the scheduled analog television shutdown, saying key rules for a government support program meant to protect households are still not in place.

Business, labor groups push supply diversification amid China tensions

Philippine business and labor groups are urging the government to reduce the country’s exposure to China by diversifying suppliers, expanding trade links and rebuilding domestic manufacturing capacity, warning that diplomatic friction can quickly become an economic problem.

More MRT‑3 trains roll out ahead of holiday rush; EDSA Busway upgrades also underway

The Department of Transportation has deployed three extra train sets for the Metro Rail Transit Line 3 starting Monday to boost capacity and ease crowding as Metro Manila braces for heavier holiday‑season commuter traffic.

DOT taps BINI, Alden to turn fandom into tourism

The Department of Tourism is tapping the drawing power of BINI and actor Alden Richards to promote Philippine destinations, linking pop culture with regional diplomacy, heritage and cycling tourism.
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