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Fuel prices plunge; President Marcos promises relief

A substantial rollback in fuel prices will take effect next week, delivering much-needed relief to consumers, with diesel expected to fall by more than P24 per liter, gasoline by P3.41, and kerosene by P2, according to government estimates.

Food prices hold steady despite higher fuel costs

Food prices have remained broadly stable despite rising fuel costs, the Department of Agriculture (DA) said, suggesting that adequate supply is helping cushion the impact of higher logistics expenses.

BSP welcomes Moody’s vote of confidence on PH banks, reserves

The Bangko Sentral ng Pilipinas (BSP) in Friday welcomed Moody’s latest assessment affirming the country’s strong banking system and external finances, saying it reflects a stable and resilient economy.

Fuel volatility pushes sustainability to core business strategy

Rising fuel price volatility and persistent global disruptions are forcing companies to treat sustainability not as advocacy, but as a central business strategy, according to Nestlé Philippines CEO Mauricio Alarcon.

Prime Energy sees Malampaya Phase 4 delivering gas later this year

Prime Energy, the gas exploration arm of Prime Infrastructure Capital Inc., says it is confident it will deliver the  first gas from the Malampaya Phase 4 (MP4) project by the fourth quarter of 2026, staying on schedule based on current progress.

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