Tag: World Economic Forum

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DOE clears way for fuel tax suspension amid sharp price spikes, assures supply sufficiency

The Department of Energy has formally certified that the one-month average price of Dubai crude oil has surpassed the $80-per-barrel threshold set by Republic Act 12316, triggering the process to consider suspending or reducing fuel excise taxes. From August 13 to September 11, 2026, the benchmark averaged $99.41 per barrel.

GCash parent Mynt prepares record-breaking ₱92-billion stock market debut

Mynt Inc., the fintech giant behind the widely used GCash app, is set to launch a historic initial public offering expected to reach roughly ₱92 billion. If finalized, the transaction will mark the largest fundraising event in the history of the Philippine Stock Exchange.

IndiGo parent eyes direct India-Philippines flights

India’s InterGlobe Enterprises is seeking to open direct air links between Delhi and Mumbai and key Philippine gateways, potentially giving trade, tourism, and cargo flows between the two economies a significant boost.

St. Luke’s opens lung nodule clinic in QC

St. Luke’s Medical Center (SLMC) has opened a Lung Nodule Assessment Clinic in Quezon City, expanding its specialized services as more pulmonary nodules are detected through routine chest X-rays and CT scans.

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