Category : Search result: global oil market


Petron Profits Surge 37% to ₱9.7B

Petron Corporation reports massive 37% profit surge reaching ₱9.7 billion in first half 2024, driven by strategic expansions and increased fuel demand across the Philippines.

AEV Q3 Profits Soar 71% on Strong Power, Food Units

Aboitiz Equity Ventures reports staggering 71% profit surge in Q3 2023, driven by powerhouse performance from energy and food subsidiaries. Discover how strategic diversification continues to deliver exceptional returns.

Philippine Youth Climate Proposals Get Official Backing

Young Filipino climate activists gain unprecedented government support as their groundbreaking recommendations receive official endorsement for COP30, marking a historic moment in Philippine environmental policy.

PH Labor Force Participation Dips in September 2025

Latest PSA data shows Philippines' labor force participation rate dipped to 64.9% in September 2025, with unemployment improving but underemployment rising. Discover what this means for the economy.

3 Central Luzon Universities Ranked Worldwide

Discover how three prestigious universities from Central Luzon have earned spots in the 2025 World University Rankings, showcasing the region's growing academic prominence on the global stage.

PH Boosts Global Ties Amid US Tariff Rules

The Philippines is actively strengthening international trade relationships and diversifying economic partnerships in response to new US tariff regulations affecting various export sectors.

PH IPO Market Stays Quiet: Early Prep Crucial

With the Philippine IPO market staying muted, financial experts advise companies to begin early preparations for when investor confidence returns. Learn why proactive planning is crucial for capital raising success.

BSP Joins 2025 IMF-World Bank Global Meetings

The Bangko Sentral ng Pilipinas announces its participation in the landmark 2025 IMF-World Bank Annual Meetings in Singapore, marking a significant moment for Philippine economic diplomacy.

Iloilo City Opens Modern Central & Terminal Markets

Iloilo City celebrates the grand opening of its state-of-the-art Central and Terminal Markets, featuring enhanced facilities, improved sanitation, and better vendor spaces to revolutionize the local shopping experience.

Diesel Prices Soar: P3 Increase Hits Cebu

Cebu faces significant fuel price hikes as diesel increases by P3 per liter and gasoline by P1.85, impacting transportation costs and daily commuters across the region.

Cebu City Market Cleanup Nears Completion

Cebu City's massive market cleanup campaign is 95% complete, bringing improved sanitation, organized vending, and enhanced public safety to local commerce hubs.

Davao Durian Breaks Into Chinese Market

Davao's famous durian achieves unprecedented market access in China, creating new economic opportunities for Filipino farmers and exporters. Discover how this tropical fruit is conquering Chinese palates.

Cebu Mayor Faces Ombudsman Charges Over Night Market

Cebu City Mayor Michael Rama and 11 others accused of graft and administrative violations in controversial night market project. Ombudsman complaint alleges irregularities in ₱20 million procurement.

Davao de Oro Rehabs ₱250M Farm Road in Laak

The provincial government of Davao de Oro is set to rehabilitate a crucial 15-kilometer farm-to-market road in Laak with a ₱250 million budget, boosting agricultural productivity and rural connectivity.

Cebu Mayor Rama Faces Graft Charges Over Night Market

Mayor Michael Rama and two Cebu City officials have been charged with graft over alleged irregularities in the Colon Night Market operations, facing accusations of causing undue injury to the government.

AREIT Buys ₱19.5B Malls from Ayala Land

AREIT Inc. announces historic ₱19.5 billion acquisition of prime retail assets from Ayala Land, expanding its property portfolio and reinforcing market dominance in Philippine REIT sector.

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