Fuel companies implemented price rollbacks on Tuesday, driven by lower global crude oil prices following a two-week ceasefire between the United States and Iran.
President Ferdinand Marcos Jr. on Monday ordered the removal of excise taxes on liquefied petroleum gas (LPG) and kerosene, a move aimed at easing household expenses while maintaining support for domestic producers.
Economic Planning Secretary Arsenio Balisacan said the Philippine economy is unlikely to slip into contraction this year despite mounting pressures from a fuel crisis, although growth is expected to fall short of earlier government targets.
The Department of Public Works and Highways (DPWH) is planning to extend the South Luzon Expressway Toll Road 4 (TR4) up to Matnog, Sorsogon by next year.
Filinvest Land Inc. (FLI) has joined a growing roster of major property developers supporting the government’s Expanded Pambansang Pabahay para sa Pilipino (4PH), widening the housing inventory and financing options available to qualified homebuyers.
International visitor arrivals to the Philippines edged up to 4.42 million in the first eight months of 2026, as the Department of Tourism (DOT) rolled out a public data dashboard aimed at improving transparency and giving industry stakeholders better information for planning and investment decisions.
Federal Land Inc. Chairman Alfred Ty remains optimistic about the Philippine property market, saying developers are positioned to weather the current downturn as the sector works through elevated inventory and prepares for a gradual recovery.
Palay and corn production may decline sharply in the third quarter, with the latest estimates from the Philippine Statistics Authority pointing to smaller harvest areas for both crops and weaker corn yields.