Tag: Oil Shock

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Hybrid shift looms; factories brace hard amid oil shock

Businesses are reviving pandemic-era playbooks—testing hybrid work and tightening planning—as global uncertainty drives up costs and clouds operations.

Oil surge rattles peso, tests policy

The Philippine peso is back under pressure as surging oil prices and geopolitical strains jolt global markets, sharpening the policy dilemma for the Bangko Sentral ng Pilipinas (BSP).

US-Iran conflict sends oil prices soaring

Global oil markets swung violently Monday as the escalating conflict between the US and Iran disrupted one of the world’s most important energy corridors, briefly sending crude prices soaring before easing on hints the conflict might end soon.

Power giant Meralco braces for oil shock

Manila Electric Co. chairman Manuel V. Pangilinan said the country’s largest power distributor is reviewing its fuel mix as tensions in the Middle East threaten to push electricity costs higher.

PCCI urges Philippine defenses vs oil shock

The Philippine Chamber of Commerce and Industry has urged swift and decisive action as geopolitical tensions following US and Israeli military strikes on Iran rattle global markets and threaten to derail the Philippines’ fragile recovery.

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Canada fuels Philippine shift toward advanced digital services 

The Philippines is accelerating its transition from traditional outsourcing to higher-value digital services after President Ferdinand Marcos Jr. secured fresh investment commitments and expanded technology partnerships with Canadian companies during his official visit to Canada.

VisMin is next real estate growth hot spot, says Colliers

The Philippines' next real estate growth story may no longer be written in Metro Manila.

PETValue, Republic Cement close plastics waste loop together

Two Aboitiz-backed companies are deepening the country's circular economy push by turning hard-to-recycle plastic waste into an industrial resource instead of landfill, highlighting how corporate partnerships can unlock both environmental and business value.

PLDT, Smart deploy AI tool helping employee, family emergency preparedness

PLDT Group and its wireless arm Smart Communications have launched an AI-powered platform called EVE (Emergency Vital Essentials) to help employees and their families prepare for disasters and crises long before they occur.

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