Davao Market Prices Surge 70% Amid Fuel Crisis

Bankerohan Public Market in Davao City sees spice, vegetable, and fruit prices skyrocket up to 70% due to rising petroleum costs. The city government is implementing sustainable farming and subsidies to ensure food security.

Davao Malls Cut Hours for Energy Conservation

Major shopping centers in Davao City will shorten operating hours starting March 30, 2026, to manage electricity consumption during ongoing energy concerns. SM, Ayala, and Vista Malls lead the initiative.

Food Prices to Rise Due to Middle East Oil Crisis

Several food companies in the Philippines are set to increase prices by 7-10% starting April 1, driven by rising oil costs from Middle East unrest. Logistics costs have surged up to 75%, affecting deliveries and prompting stockpiling by retailers.

Marcos: Crude Oil Supply Secure Until June 2026

President Ferdinand Marcos Jr. guarantees the Philippines has enough crude oil supply until June 30, 2026, as the government works to secure imports amid Middle East tensions. The DOE confirms receipt of a diesel shipment to bolster national energy securi

Fuel Price Surge Sparks Confusion Over Food Costs

Consumers face uncertainty as rising fuel prices threaten to drive up food costs, with industry leaders warning of price hikes while government officials emphasize voluntary price stabilization efforts.

Fuel Price Surge Disrupts Supply Chains, Inflation Fears Rise

Rising fuel prices are driving up logistics costs and threatening price hikes for goods, with manufacturers warning of increases up to 5% starting April 1. Retailers are absorbing costs to delay adjustments, but staples like rice and vegetables are alread

Oil Shocks Threaten Asia's Family-Run Real Estate Businesses

Geopolitical conflicts in the Middle East are driving oil price volatility, revealing how deeply Asia's family-owned real estate sector depends on petroleum. Construction materials, logistics, and operations face immediate cost pressures, forcing next-gen

BSP Unconcerned as Peso Weakens, Businesses Warn of Costs

The Bangko Sentral ng Pilipinas says the peso's drop to around P60 per dollar is not alarming, but business groups in Cebu warn it is already driving up prices for imports like fuel and goods, urging early action to prevent economic slowdown.

Strategies to Mitigate Global Oil Crisis Impact

Explore comprehensive strategies to minimize the economic, social, and political impacts of the world oil crisis triggered by the Iran-US-Israel conflict, including energy diversification and international cooperation.

Cebu BRT: Traffic Relief vs. Vision Compromise

Cebu's Bus Rapid Transit system faces a critical test as jeepneys are allowed in dedicated lanes, easing traffic but raising questions about long-term efficiency and modernization goals.

Central Luzon Tourism Adjusts to Energy Emergency

Tourism officials in Central Luzon are revising programs in response to the national energy emergency declared by President Ferdinand Marcos Jr., focusing on a Tourism Resiliency Program to sustain growth.

GSIS Solar Loan Gets PHP400M in 24-Hour Approvals

The Government Service Insurance System approved 1,200 solar energy loan applications worth PHP400 million in the first day of its new program, addressing high electricity costs and renewable energy demand.

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