Tag: Oil Shock

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Filipinos rethink Holy Week travel amid rising costs

Travel & Tourism Context.ph Context.ph -
For many Filipinos, Holy Week marks one of the longest breaks of the year—a welcome pause to return to provincial towns, join the Stations of the Cross, visit churches, and watch the Senakulo. 

Fuel price surge nudges EV shift debate

Transport & Logistics Context.ph Context.ph -
A fresh report from Agile Data Solutions Inc. suggests the latest spike in global oil prices could reshape how Filipinos think about mobility, potentially accelerating interest in electric vehicles (EVs), but not without persistent hurdles.

Marcos declares state of national energy emergency 

Top News Context.ph Context.ph -
President Ferdinand Marcos Jr. on Tuesday declared a state of national energy emergency through Executive Order No. 110, citing the growing economic risks posed by escalating geopolitical tensions in the Middle East.

Economic Planning chief warns oil shock may worsen poverty, slow growth

Economy Context.ph Context.ph -
Economic Planning Secretary Arsenio Balisacan cautioned lawmakers that a prolonged Middle East conflict could trigger a severe economic shock in the Philippines, with surging oil prices threatening to reverse gains in poverty reduction.

Peso slips to P60 vs USD, stocks wobble on oil shock

Economy Context.ph Context.ph -
The peso is likely to stay under pressure after breaking the 60:$1 mark, with volatility risks skewed to the upside, according to analyst Michael Ricafort. The currency closed at a record P60.10 on March 19 as renewed Middle East tensions drove oil prices higher—fueling inflation concerns and widening the country’s trade gap.
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Alas Pilipinas girls lose to Japan, build future

Sports & Entertainment 0
Alas Pilipinas’ girls fought Japan to the edge before running into the hard wall of international experience, falling in straight sets at the FIVB U17 World Championship in Chile and missing a chance to climb into the tournament’s 9th-to-12th-place bracket.

18th Regional Travel Fair showcases BARMM tourism in Cotabato City

Travel & Tourism 0
The Tourism Promotions Board (TPB) Philippines, the marketing and promotions arm of the Department of Tourism (DOT), is bringing the 18th Regional Travel Fair (RTF) to Cotabato City for theee days at the Alnor Hotel and Convention Center. The second edition of the annual event, lasting until thia Sunday, places the spotlight on the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) as the region enters a more intentional phase of growth, linking destination promotion directly to improved market access for local businesses and communities.

ING signals financial strength with $1.75 billion debt redemption strategy

Banking & Insurance 0
Global financial institution ING has formally announced plans to redeem two series of outstanding SEC-registered debt instruments totaling $1.75 billion on their designated contractual call date of September 11, 2026.

Major regional event expo to gather industry leaders in Metro Manila this October 

Economy 0
The Event Experience Expo (E3) 2026 is set to return on October 28 and 29 at the World Trade Center Metro Manila, bringing together top local and international event solution providers in a bid to drive innovation and efficiency across the sector.

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