Oil shock, war risks rattle Philippine markets
Philippine financial markets enter the week on fragile footing as surging oil prices and escalating Middle East tensions complicate the outlook for equities, the peso, and monetary policy.
ILO warns Filipina workers face rising AI risks
Women workers in the Philippines may face greater workplace risks as generative artificial intelligence spreads across industries, according to new research from the International Labor Organization, which found that female-dominated jobs are more vulnerable to automation.
DOE warns fuel stations: No price hikes before Tuesday adjustment
The Department of Energy (DOE) on Sunday warned oil companies and gasoline stations not to implement fuel price increases ahead of the scheduled adjustment on Tuesday, as authorities step up monitoring amid rising global oil prices.
First Gen plans ₱41.7B capex for 2026 to expand renewable energy projects
Power producer First Gen Corporation is preparing up to ₱41.7 billion in capital spending for 2026, a 24.5 percent increase from its ₱33.5 billion capex in 2025, company officials said.
Spot power prices ease in February, but regulators warn of possible surge if Middle East tensions drive fuel costs up
Electricity prices in the country’s spot market slipped slightly in February, offering temporary relief to consumers, but regulators are warning that global fuel disruptions linked to Middle East tensions could quickly push rates higher.
