Business

Oil price hike set Dec. 17

By Kris Crismundo | Philippine News Agency Oil firms announced higher pump prices on Tuesday. In separate advisories Monday, Caltex, Cleanfuel, Jetti, Petro Gazz, PTT Philippines, Seaoil, and Shell said they will increase...

PH now 2nd highest market for global renewable energy investment

By Brian Campued The Philippines has risen to 2nd place among the most attractive emerging markets for renewable energy (RE) investments, based on the 2024 Climatescope report by BloombergNEF. “This achievement marks a...

Meralco rates up in December

By Kris Crismundo | Philippine News Agency Higher generation charges hiked power rates in franchise areas of Manila Electric Company (Meralco) in December 2024. In a statement Tuesday, Meralco said the electricity rate...

Full-year jobless rate better than 2024 target — NEDA

By Brian Campued The full-year unemployment figure from October 2023 to October 2024 is better than the 2024 target set by the Philippine Development Plan, according to the National Economic Development Authority...

Rice inflation slows despite faster headline inflation in November — NEDA

By Brian Campued Rice inflation recorded a notable decline in November, dropping to 5.1% from 9.6% in October, the Philippine Statistics Authority (PSA) said Thursday. In a briefing, PSA Undersecretary and National Statistician...

November inflation to settle within 2.2–3.0% — BSP

By Brian Campued The headline inflation in the country is projected to settle within the range of 2.2% to 3.0% in November, according to the Bangko Sentral ng Pilipinas (BSP). In its month-ahead...
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