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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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SMPC plans “sustainable mine strategy” as Semirara coal contract nears expiry

Semirara Mining and Power Corp. (SMPC) says it is preparing a sustainable mining plan as it seeks to continue operating the Semirara coal resource in Antique, even as the government moves ahead with a bidding process for the site.

Gasoline, diesel prices up; kerosene down

Motorists will see mixed fuel price changes this week, with gasoline and diesel prices going up slightly, while kerosene continues to get cheaper.

Airports in Eastern Samar Operational After 6.1 Quake — CAAP

The Civil Aviation Authority of the Philippines (CAAP) said Monday that all airports in Eastern Samar and nearby areas remain open and safe after a magnitude 6.1 earthquake on May 4.

A. Brown secures investment grade for maiden bonds

A Brown Company, Inc. has secured an investment-grade credit rating ahead of its planned maiden bond issuance, signaling market confidence as it taps debt markets to fund expansion across real estate and renewable energy.
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