Tag: oil prices

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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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EU, Spain join Luzon Economic Corridor with financing support

The European Union and Spain have joined the Luzon Economic Corridor, expanding its international partnership to 13 countries as the Philippines seeks to bring more financing, investment, and technical expertise into major infrastructure projects.

Marcos urges investors to trust Philippines with long-term capital

President Ferdinand Marcos Jr. urged global companies to commit long-term capital to the Philippines, pitching the country as a base for shifting supply chains as the government expands infrastructure, skills, and regulatory reforms.

Mid-year FDI slips, but fresh equity capital signals long-term investor confidence

Foreign direct investment (FDI) into the country slowed in the first half of 2026 compared to the same period last year, driven primarily by lower intercompany loans and reduced reinvestment of earnings by foreign companies.

DP World, ATI deploy hybrid cranes to upgrade Manila South Harbor

DP World and Asian Terminals Inc. (ATI) have commissioned six state-of-the-art hybrid Rubber-Tired Gantry (RTG) cranes at Manila South Harbor, boosting capacity while advancing safer, more efficient and low-emission operations.

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