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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Digital responsibility: The new frontier of Filipino freedom

Communications & Technology 0
The internet has become an essential part of daily life for Filipinos, shaping how people connect, learn, earn, and engage with society. But greater digital reliance also brings growing risks: misinformation, scams, identity theft, and fraud that put all users, especially the most vulnerable, in danger. On Independence Day, the meaning of freedom is being redefined for the connected era — it is no longer just about access, but about having the confidence to go online without fear of harm or exploitation.

Chinabank wins global award for innovative tax solution

Corporate Bulletins 0
China Banking Corp. announced Thursday it has received the Excellence in Innovation in the Philippines 2026 award from Global Banking and Finance Review, recognizing its Easy Tax Filing and Payment Solution.

McDonald’s Philippines rolls out 10,000 meals for earthquake-hit Southern Mindanao

Social Responsibility & Sustainability 0
McDonald’s Philippines has activated its Kindness Kitchen program to provide no less than 10,000 hot meals to communities severely affected by the recent earthquake in Southern Mindanao. Working hand-in-hand with local government units, the company aims to deliver nourishing food to families in impacted areas as part of its immediate relief efforts.

Concrete jungle gets a bamboo reality check

Education, Health & Science 0
Bamboo has long enjoyed a near-mythical reputation in construction circles.

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