1.04 million barrels diesel Philippines shipment is set to arrive next week, as authorities move to secure fuel supply and reduce pressure from rising global oil prices affecting local markets. …
Economy
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Petron sale to government Philippines discussions intensified after San Miguel Corporation CEO Ramon Ang signaled openness to transfer the oil giant to state control, raising fresh questions about energy security, …
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BusinessEconomy
Russian Oil Shipment Reaches Philippines Amid Supply Strain, Raising Policy and Energy Security Questions
Russian oil shipment Philippines developments have drawn renewed attention after a tanker carrying discounted crude arrived as the country faces tightening supply and elevated fuel prices, highlighting urgent concerns over …
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Fuel excise tax suspension Philippines is now possible after President Ferdinand Marcos Jr. signed a new law granting emergency powers to reduce or halt fuel taxes amid rising global oil …
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Economy
Philippines Budget Deficit Hits Record $26.5 Billion Amid Corruption Probe and Rising Spending
The Philippines budget deficit has reached a record $26.5 billion, drawing attention from economists and policy observers as government spending rises alongside ongoing corruption investigations linked to public infrastructure projects. …
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4 Day Workweek Philippines discussions intensified after Senator Francis “Chiz” Escudero urged private companies to consider the alternative work setup as fuel prices continue to rise. MANILA, Philippines — Francis …
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Renewable energy for businesses is increasingly being adopted in the Philippines as companies turn to solar power to lower electricity costs and reduce operational expenses. Solar energy is increasingly being …
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ASEAN-China FTA agricultural trade has expanded significantly in recent years, but a new SEARCA study shows that its benefits remain uneven across Southeast Asian countries. LOS BAÑOS, Philippines—A new issue …
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PH economy growth 2026 is expected to remain steady, although rising global and domestic risks could challenge the country’s momentum, according to a study by PIDS. The Philippine economy is …
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