Tag: oil prices

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Oil prices up third week in a series

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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

Energy & Mining Context.ph Context.ph -
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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FDI drops in first five months of 2026 as global capital tightens 

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Foreign direct investments flowing into the country slowed during the first five months of 2026, marking a notable drop compared to the same period last year.

Mitsubishi targets bigger market, plans P7B EV investment

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Mitsubishi Motors Philippines Corp. is preparing for a bigger Philippine footprint, betting on locally produced hybrid vehicles, higher factory output, and stronger sales as it seeks to turn the country into a more important production and export base.

Meralco power rates fall slightly on refunds

Energy & Mining 0
Electricity rates for Manila Electric Co. customers will edge lower in August as a P9.5-billion regulatory refund offsets higher transmission, tax, and other pass-through charges.

PDIC seeks reforms after P1M coverage hike

Banking & Insurance 0
The Philippine Deposit Insurance Corp. is pushing sweeping legislative reforms to modernize the country’s deposit insurance system, including broader coverage, faster claims payment, and new powers to contain financial crises.

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