Tag: oil prices

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Retail oil prices down after three straight hikes

Local oil retailers on Monday implemented a price rollback after a three-week series of hikes in the cost of petroleum products.

Oil prices up third week in a series

Local oil retailers have implemented a price increase in the cost of petroleum products for a third time in a series.

Petroleum products up by more than P2 per liter

Local oil retailers again implement a big-time adjustment in the sale of petroleum products starting Tuesday after last week’s mixed price adjustments.

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Kayana takes control of Bayad in P2.7B deal 

Manila Electric Co. (Meralco) and its wholly owned subsidiary, Corporate Information Solutions Inc. (CIS), are selling their stakes in payment services provider CIS Bayad Center Inc. (Bayad) to Kayana Solutions Inc. for P2.7 billion, tightening Kayana’s control over the business.

Bohol readies for tourist rush during ASEAN weekend

Bohol is gearing up for a potential tourism rush during the three-day ASEAN Summit holiday, with discounted flights aimed at turning the extended break into extra arrivals for the island province.

Half-a-billion time deposit math does not quite add up

Sometimes, a little arithmetic can do what a long argument cannot. It can puncture a rather large financial assumption.

World Bank: AI boom drives East Asia and Pacific growth, but high energy costs and adoption gaps pose risks 

A worldwide surge in artificial intelligence technology is giving a major boost to economies across the East Asia and Pacific region, including developing manufacturing hubs like the Philippines, according to the World Bank’s latest regional economic update released Tuesday.

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