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Gov’t targets 2027 to settle CARS dues

The government is aiming to fully settle its remaining obligations under the Comprehensive Automotive Resurgence Strategy (CARS) Program by 2027, according to Ceferino Rodolfo, managing head of the Board of Investments.

DOE: Fuel prices set for big rollback next week

The Department of Energy (DOE) said fuel prices will go down next week, with minimum rollbacks estimated at ₱4.43 per liter for gasoline, ₱20.89 for diesel, and ₱8.50 for kerosene.

DOE to hold remaining ASEAN energy meetings online

The Department of Energy (DOE) said all remaining ASEAN energy meetings for 2026 will be held virtually to save costs and use resources more efficiently.

FDC halts new projects as property sector faces pressure

Filinvest Development Corp. (FDC) said its real estate business could be significantly affected by the ongoing economic strain linked to the Middle East conflict and slower growth in the Philippines.

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