The Department of Trade and Industry (DTI) said the proposed price cap on liquefied petroleum gas (LPG) should be decided by the Department of Energy (DOE), citing the latter’s regulatory jurisdiction over the sector.
Four major manufacturers have extended a voluntary price freeze on basic necessities and prime commodities (BNPCs) beyond the April 16 deadline, the Department of Trade and Industry (DTI) said Monday, reinforcing efforts to cushion consumers from rising production costs.
The Philippines is pressing for a calibrated overhaul of global trade rules as the 14th WTO Ministerial Conference opened on March 26 in Yaoundé, with Manila advocating reforms that preserve the core principles of the multilateral trading system.
The Department of Trade and Industry (DTI) has secured a voluntary commitment from manufacturers and retailers to keep prices of basic necessities and prime commodities (BNPCs) unchanged until April 16, offering temporary relief to Filipino households amid global uncertainties.
The Department of Trade and Industry (DTI) is stepping up support for exporters while keeping a close watch on global developments that could disrupt trade and logistics, as Philippine exports continue their growth streak.
Electricity bills are climbing again in July as higher fuel costs, tighter power supply and increased taxes combined to drive up power rates, underscoring the Philippines' continued exposure to global energy price swings and supply disruptions.
GoTyme Bank has crossed the 10-million-user mark just over three years after launching in the country, signaling a massive shift in how Filipinos choose to manage their money.
When people hear El Niño, they often picture wilting crops, shrinking reservoirs and relentless heat. That's only part of the story. Behind the dry skies is a giant oceanic reshuffling that begins thousands of kilometers away in the Pacific and quietly rewrites weather patterns across the globe.