Local oil retailers again implement a big-time adjustment in the sale of petroleum products starting Tuesday after last week’s mixed price adjustments.
Oil prices tumbled in early Asian trading on Monday after the US and Iran announced a breakthrough agreement that would reopen the Strait of Hormuz, easing fears of a prolonged disruption to one of the world's most critical energy corridors.
The supply of warehouses in Metro Manila is coming under increasing pressure as soaring land values drive the conversion of industrial properties into higher-yield residential and commercial developments, according to property consultancy Colliers.
Philippine financial markets are heading into a pivotal week, with investors largely keeping their powder dry ahead of policy decisions from the Bangko Sentral ng Pilipinas (BSP) and the US Federal Reserve that could shape the direction of stocks, bonds and the peso in the weeks ahead.
The Intellectual Property Office of the Philippines (IPOPHL) is pushing for tighter enforcement, stronger inter-agency coordination, and targeted legal reforms as the country's counterfeit trade increasingly migrates from shopping centers to online marketplaces.