Local fuel prices are poised to increase once more, with gasoline expected to go up by P0.80 to P1.00 per liter and diesel by P0.40 to P0.60 per liter this week, according to an anonymous local fuel retailer. The projection is based on five-day average global trading rates, full-week Platts Singapore price benchmarks, peso-dollar exchange shifts, and changes in cargo premiums.
Cebu Pacific (CEB) has taken delivery of a new Airbus A320neo in Manila, the second of four such planes expected this year and part of a total seven NEO aircraft slated to join its fleet in 2026.
RL Commercial REIT Inc. (RCR), the Gokongwei group’s real estate investment trust, is still open to acquiring properties from outside parties—though deals will depend on price, asset quality, management standards, and tenant mix, according to president and CEO Jericho P. Go.
Smart Communications, Inc. announced having blocked more than 955 million scam and phishing text messages and blacklisted nearly 200,000 numbers linked to fraud in the first three months of 2026, marking a major move to protect users from rising mobile-based crimes.
The Bureau of the Treasury (BTr) has received a P5.67-billion dividend remittance from the Philippine Amusement and Gaming Corporation, boosting government coffers as the state seeks additional fiscal resources to cushion the economy from global uncertainties.
Government fisheries authorities are pushing for more support and safeguards for Filipino salt makers, as most of the salt used in the country comes from abroad.
The Filinvest Group has launched its first large-scale solar power facility — a 20.774-megawatt installation in Tagoloan, Misamis Oriental — with over P1 billion in investment. Developed by subsidiary FDC Green Energy Corp., the ground-mounted plant sits inside the PHIVIDEC Industrial Estate, a key economic zone with ideal terrain and access to power infrastructure.
The Department of Agriculture (DA) has expanded its P20 per kilogram rice program in Kalinga province, while releasing about ₱285 million in additional agricultural aid for local farmers this year. DA Secretary Francisco Tiu Laurel Jr. led the launch activities in Tabuk City, which included facility inspections, farmer dialogues, and distribution of support covering rice, corn, livestock, high-value crops, and local development projects.
The Philippine National Oil Co. (PNOC) inspected LPG storage and port facilities in Calaca, Batangas over the weekend to confirm they are ready to receive, store, and safely handle 21,000 metric tons of government-procured LPG. This supply, sourced from the United States and transiting through Singapore, is due to arrive by the end of May.