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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Bounty Fresh targets emerging cities with restaurant expansion

Food producer Bounty Fresh Group is looking beyond the country's biggest urban centers for its next phase of restaurant growth, expanding into emerging cities and municipalities where competition is lighter and consumer demand continues to rise.

Petron to build P340-M fuel farm at Bohol-Panglao airport

Aboitiz InfraCapital Bohol Airport Corp. has awarded Petron Corporation the contract to design, build, operate and maintain a new Jet A-1 fuel farm at the Bohol-Panglao International Airport to support the facility’s rising passenger numbers and flight movements.

Globe teams up with Japan’s KDDI for next phase of growth

Globe Telecom Inc. has entered a strategic partnership with KDDI Corporation, one of Japan’s top telecommunications and digital services firms, to unlock new growth opportunities for mobile services and transform retail experiences across the Philippines.

Team Liquid PH stumbles as global MLBB rivals rise

For years, the Mobile Legends: Bang Bang Mid-Season Cup has felt like familiar territory for Philippine teams. The script was almost predictable. A Filipino team enters, the rest of the world chases.

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