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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.

Capital repositioning allow for continued FDI outflows in January

The Bangko Sentral ng Pilipinas (BSP) on Friday reported net foreign investments of USD283.69 million exiting the Philippines In January 2025. This was a significant improvement compared to the previous month's outflows of USD487.37 million. The decrease, amounting to USD203.68 million or 41.8 percent, points to a recovery in market sentiment despite ongoing global economic pressures.

Philippines’ trade deficit widens to USD5.09B in January

The Philippines’ posted a substantial trade deficit of USD5.09 billion in January, widening from the USD4.36 billion trade gap in the same month last year, as export growth failed to keep pace with the rise in imports. This wider trade deficit highlights the country’s persistent struggle to meet its domestic needs through local production and its inability to identify new export drivers to strengthen its economic position.

ABS-CBN Sells Quezon City Property to Ayala Land for P6.24B

ABS-CBN Corp. has sold a significant portion of its Quezon City property to Ayala Land Inc., one of the country’s largest property developers, for P6.24 billion.

ERC hits deferment button on P20.32B transmission projects 

The Energy Regulatory Commission (ERC) has deferred the approval of capital expenditure projects proposed by the National Grid Corporation of the Philippines (NGCP) totaling P20.32 billion.

DA cracks down on onion hoarding amid rising prices

Agriculture Secretary Francisco Tiu Laurel Jr. on Monday directed the Bureau of Plant Industry (BPI) to conduct an urgent inspection of onion cold storage facilities across the country.

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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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