The Land Transportation Franchising and Regulatory Board has issued a show cause order against a taxi operator accused of overcharging and attempting to scam K-pop singer Soobin during his Cebu visit. The viral video prompted immediate regulatory action.
A Taiwanese garment factory in Mactan Export Processing Zone 2 halted operations, affecting over 500 employees. Authorities are providing financial aid and job referrals to assist the displaced workers.
A Taiwanese sports apparel factory in Mactan Export Processing Zone 2 has ceased operations due to order shortages, displacing 580 employees. Government aid programs are underway, but the closure highlights ongoing challenges in the local manufacturing se
The Cebu Port Authority implements a two-month relief program, reducing berthing fees by 40% and suspending passenger terminal charges to alleviate economic strain from rising fuel costs.
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Malacañang supports private companies' voluntary work-from-home arrangements as a 'big help' in conserving energy during rising fuel costs, while debunking fake news about an 'energy lockdown' and detailing government measures.
The Department of Labor and Employment reports that 395 jobseekers were hired immediately during sector-focused job fairs across 14 regions, offering nearly 29,000 construction vacancies.
Sentro labor group condemns DOLE Undersecretary Bitonio for rejecting calls for a nationwide wage increase, accusing him of siding with employers over workers struggling with inflation.
Prices for rice and seafood at Bankerohan Public Market in Davao City show mixed trends as fuel costs and supply fluctuations impact vendors. Sellers warn of potential shortages ahead of Holy Week due to rising demand and tighter fish stocks.
Aboitiz InfraCapital and its units introduce hybrid work, virtual transactions, and sustainability efforts to address the national energy emergency and Middle East conflict impacts.
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Cebu City's first mass transport system is in jeopardy as the National Government cancels international loans due to delays, forcing local leaders to seek new funding by September.
President Ferdinand Marcos Jr. announced the Philippines maintains a 51-day oil reserve buffer, with new crude orders and a P20 billion fund to secure additional stocks amid Middle East unrest.
Rising global oil prices are impacting Cebu City's economy, leading to warnings from officials about construction project halts, slowed tourism, increased food costs, and job pressures.
As Holy Week approaches, Bankerohan Public Market sees varied price adjustments for binignit ingredients. Bananas and root crops show moderate increases, while sago doubles and langka surges significantly. Vendors cite seasonal demand and rising supply co
The Cebu Port Authority has approved discounts and suspensions on port charges for two months to alleviate the impact of rising oil prices due to the Middle East crisis, including berthing fee reductions and waived passenger terminal fees.
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Passenger traffic at Davao City Overland Transport Terminal surged during Holy Week 2026, with northbound travel dominating. Despite fuel price increases, operations remain stable under strict dispatch policies, while fare hikes are on hold.
The Cebu Port Authority and DTI implement waivers and discounts to ease business costs and supply chain disruptions caused by rising fuel prices, with support from local chambers.
The Bangko Sentral ng Pilipinas warns that the Philippines' balance of payments will remain under pressure through 2027 due to global uncertainties and rising costs, with deficits expected despite growth in exports and non-trade income.
Traditional jeepney and modern PUV drivers in Lapu-Lapu City are struggling as soaring fuel costs slash earnings, forcing them to choose between buying medicines and putting food on the table. With daily incomes plummeting, they appeal for government inte
The Bureau of Internal Revenue has released Revenue Regulations 2-2026 to implement VAT exemptions for indigenous natural gas sales and related electricity, effective April 1, 2026, with specific documentary requirements.
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The Securities and Exchange Commission has prolonged reduced registration fees for micro, small, and medium enterprises until December 2026, aiming to boost incorporation and economic growth.
A vessel carrying 2.48 million barrels of Russian crude oil has reached the Philippines, providing critical relief during a national energy emergency declared due to Middle East conflicts disrupting global supplies.
Millions of Filipino workers face daily despair as minimum wage rates fail to meet family living expenses, creating a cycle of sacrifice and debt that challenges human dignity.
Energy Secretary Sharon Garin confirms adequate domestic fuel supply until mid-May despite global disruptions from the USA-Israel-Iran conflict. The government has secured over 1 million barrels of diesel through international agreements.
Public Works Secretary Vince Dizon inspected the final repair works on MacArthur Highway in Mabalacat City, Pampanga, ensuring the road is safe and obstruction-free for Holy Week travelers returning to the province.
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The Department of Labor and Employment has released pay guidelines for workers during the Holy Week holidays, detailing compensation for regular holidays and special non-working days.
The Philippine Health Insurance Corporation is in talks to temporarily halt premium deductions from workers' wages, responding to Senator Imee Marcos' appeal for relief during the Middle East crisis.
President Marcos announces a 51-day oil supply buffer, with new diesel shipments and P20 billion funding for additional stocks. Measures include tax suspension and renewable energy dispatch to stabilize prices amid Middle East tensions.
The LTFRB warns eight bus companies operating to Bicol Region of franchise suspension or cancellation due to illegal fare increases during Holy Week, amid high passenger demand and rising fuel prices.
The Philippine peso closed at a historic low of P60.69 per US dollar, driven by Middle East tensions and rising oil prices. Analysts warn of higher inflation and potential investor confidence decline, while OFW families may benefit from stronger remittanc
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A new Senate proposal seeks to impose price controls on petroleum products like diesel and gasoline during crises, extending coverage from 15 to 30 days to address gaps in current laws.
