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Forbes: Villar, Razon, Ang now the country’s richest

Property developer Manuel B. Villar Jr. and port magnate Enrique K. Razon Jr. are the richest Filipinos, according to Forbes Magazine.  The Sy siblings, heirs...

FX buffer returns to $100B level, hits 2-month high in March

The Bangko Sentral ng Pilipinas (BSP) reported that the country’s gross international reserves (GIR) reverted in March to $100 billion and hit its highest...

March headline inflation eased to 7.6%; core inflation still up

Prices of consumer goods eased sharply in March from the year-earlier period, slowing headline inflation down to 7.6 percent from 8.6 percent in February,...

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Middle East conflicts force another weekly spike in local fuel prices

Filipino motorists face yet another round of pump price increases this coming Tuesday, underscoring the ongoing volatility of domestic fuel costs driven by compounding international crises. According to Jetti Petroleum president Leo Bellas, gasoline prices are projected to rise between P1 and P1.50 per liter, while diesel prices could jump by P1.75 to P2.25 per liter. This upcoming price hike follows the previous week’s substantial surge of P2.49 per liter for gasoline, P3.84 for diesel, and P5.01 for kerosene, highlighting how rapidly fuel rates are creeping higher almost every single week.

Agri damage from habagat, 3 storms hits ₱1.79B

Damage to the agriculture sector from the southwest monsoon (habagat) enhanced by Tropical Cyclones Luis, Maymay, and Neneng has risen to ₱1.79 billion, the Department of Agriculture (DA) reported in its 10 a.m. advisory on August 22.

Batang Gilas runs out of gas, settles for eighth

Batang Gilas Pilipinas started with a spark but finished with the wrong kind of déjà vu.

DA escalates nationwide crackdown on counterfeit farm inputs to protect farmers, safeguard food security

The Department of Agriculture (DA) has launched a stricter, nationwide campaign against counterfeit, unregistered, adulterated, and illegally produced farm inputs, moving to shield farmers from financial and livelihood losses while ensuring fair competition for legitimate industry players.

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