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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Transcom expands footprint with seventh site in Quezon City

Transcom Worldwide (Philippines) Inc. has launched its seventh local site, opening a new business‑process outsourcing center in Quezon City to further grow its Metro Manila operations.

Fifth‑Week Mixed Fuel Price Adjustments Loom: Gasoline Up, Diesel Down

Motorists, small businesses and households are bracing for a fifth consecutive week of split fuel price changes, with local fuel players projecting higher gasoline costs but cheaper diesel for the coming week. Leo Bellas, president of Jetti Petroleum, said Sunday that gasoline is seen rising by P2.00‑P2.20 per liter, while diesel may drop by P0.80‑P1.00 per liter. These estimated adjustments take into account the previous week’s Mean of Platts Singapore rates and average peso‑dollar exchange movements.

Pag-IBIG doubles socialized housing share as lending surges

Pag-IBIG Fund more than doubled the share of its housing loans going to socialized housing in 2026 as the government expanded subsidized financing for minimum wage earners and low-income families under its Expanded Pambansang Pabahay para sa Pilipino (4PH) program.

British chamber urges Philippine exporters to tap trade preferences

Philippine exporters are leaving room for more trade with Britain, with the British Chamber of Commerce Philippines putting greater use of tariff preferences high on its agenda after exporters utilized only 68 percent of available benefits in 2025.

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