Thursday, 08 January 2026, 8:56 am

    Tag: oil prices

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    Balloons will return to Tarlac skies to lift a nation’s mood

    When the hot air balloons rise again in February 2026, it will feel less like the return of an event and more like the reopening of a beloved chapter in Philippine travel. After taking a breather in 2025, the Philippine International Hot Air Balloon Fiesta comes back with renewed purpose, reminding travelers why this sky-filled weekend has long been a bright spot on the tourism calendar.

    Foreign reserves reach US$110.9 billion in December 2025

    The country’s gross international reserves (GIR) stood at US$110.9 billion at the end of December 2025, based on preliminary data.

    Auto parts makers sound alarm bells after budget veto

    Philippine auto parts manufacturers are warning that the veto of funding for the Comprehensive Automotive Resurgence Strategy (CARS) could accelerate the decline of the country’s already fragile automotive manufacturing sector.

    SRA requires local purchase before allowing molasses imports

    The Sugar Regulatory Administration (SRA) has issued an order requiring buyers to first purchase locally produced molasses before they are allowed to import supplies.

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