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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Fewer child laborers, yet more children working

The Philippines made progress in reducing child labor in 2025, but the gains came with a troubling twist. More Filipino children entered the workforce even as the number trapped in hazardous or exploitative work remained stubbornly high.

BPI delivers steady earnings despite higher loan provisions

Bank of the Philippine Islands, the banking unit of the Ayala Group, kept its earnings largely intact in the first half of 2026 as solid loan growth and stronger fee income offset a sharp rise in provisions for potential credit losses.

Ayala investments get fresh lift after Singapore talks 

The Ayala Group is poised to ramp up investments in digital infrastructure and healthcare after President Ferdinand R. Marcos Jr. held separate meetings with key Singapore-based partners during his working visit, reinforcing investor confidence in two sectors seen as vital to the country's long-term growth.

Proposed US reshoring bills pose little immediate threat, says IBPAP 

The Philippine information technology and business process management (IT-BPM) industry sees little immediate risk from two proposed US bills designed to bring outsourced jobs back to America, saying both measures have stalled in Congress and mirror earlier anti-offshoring proposals that never became law.

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