DTI: Supply, Prices Stable Amid Energy Emergency
The DTI clarifies that no nationwide price freeze is in effect under EO 110, but assures stable BNPC supply and prices through voluntary industry pledges and vigilant monitoring.
Category : Corporate News
DTI Secures Price Hike Delay for Essentials Until April 17
The Department of Trade and Industry has secured a voluntary commitment from major manufacturers and retailers to delay price increases for basic necessities and prime commodities until April 17, 2026, aiming to shield consumers from inflationary pressure
PHP1.9M Counterfeit Goods Seized in Bulacan Raid
Authorities arrested five individuals and confiscated nearly PHP1.9 million worth of counterfeit cigarettes and smuggled consumer goods during a joint enforcement operation in Plaridel, Bulacan. The suspects face multiple charges for violating tax and con
Pampanga Bettor Wins PHP10M Lotto Jackpot
A lucky bettor from Angeles City, Pampanga, correctly guessed the winning numbers to claim the PHP10-million Lotto 6/42 jackpot. The Philippine Charity Sweepstakes Office announced the win and detailed prize distributions for other winners.
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Philippines Delays Price Hikes for Basic Goods Until April 17
The Department of Trade and Industry announces manufacturers and retailers have agreed to postpone price adjustments for essential commodities until mid-April to maintain stability amid global tensions.
Celebrities Shocked by Soaring Fuel Prices in Philippines
Kapuso actress Shaira Diaz and other celebrities voice their surprise as fuel costs skyrocket, with full tanks now costing thousands more than before.
XP Plus Inc. Named Top Philippine Workplace by Great Place to Work
Cebu-based XP Plus Inc. has been recognized as one of the Philippines' top workplaces by Great Place to Work, highlighting its commitment to employee trust and growth.
LBC Named Top Deconsolidator at Port of Manila 2025
LBC Express has been awarded the Top 1 Deconsolidator title at the Port of Manila for 2025 by the Bureau of Customs, highlighting its role in efficient cargo processing and revenue generation.
OnlyFans Billionaire Leonid Radvinsky Dies at 43
Ukrainian-American billionaire Leonid Radvinsky, the owner of subscription platform OnlyFans, has passed away at age 43 in Florida after a prolonged fight with cancer.
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Cebu Water Price Hike Adds Burden Amid Oil Crisis
The Metropolitan Cebu Water District announces a water rate increase starting April 2026, citing high costs from private suppliers. This comes as oil prices surge due to Middle East tensions, creating a dual financial strain on consumers already facing ri
Joe Soberano's 70th Birthday and Cebu Milestones Celebrated
Real estate magnate Joe Soberano marked his 70th birthday at Patria de Cebu, joined by family and Apo Hiking Society stars. The event highlighted family tributes and community celebrations, including Dr. Zenda Garcia Lat's birthday and Dr. Stephanie Tiro
DTI-Davao Warns Retailers on Price Markups Above SRP
The Department of Trade and Industry-Davao Region is cracking down on retailers charging over 10% above suggested retail prices, with penalties up to P2 million. Officials report stable commodity supplies and no significant price hikes.
Donny Pangilinan and Father Slash Diesel Prices
Actor Donny Pangilinan and his father Anthony reduced diesel prices by P3 per liter at their South Forbes gas station to aid the community amid rising fuel costs, earning widespread praise online.
Cebu City Carbon Market Revamp: Vendor Protections vs. Penalties
A multibillion-peso joint venture to modernize Cebu City's historic Carbon Public Market forces local officials into a rigid choice: shield vendors from rising rents or face severe financial penalties under a 50-year agreement.
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Cebu's P8-B Market Project: Legal Battles Unfold
The P8-billion Carbon Public Market modernization in Cebu City faces escalating legal disputes over contract terms, rental increases, and vendor protections, threatening project completion and city finances.
Cebuana Lhuillier's Sena Wins Asia Pacific Stevie Award
Emirosco Michael Sena, Cebuana Lhuillier's Chief Marketing Officer, has been honored as the Most Innovative Communications Professional at the Asia Pacific Stevie Awards for his transformative brand leadership.
Aklan Bettor Wins PHP18.8 Million Lotto Jackpot
A lone bettor from Banga City, Aklan, has become an instant millionaire by correctly guessing the winning combination in Thursday's Lotto 6/42 draw, claiming a PHP18.8 million prize.
Vinta Market Opens at SM City Zamboanga for Local MSMEs
The Department of Trade and Industry and SM City Zamboanga have unveiled Vinta Market, a vibrant marketplace featuring 20 local MSMEs showcasing regional products, handcrafted items, and delicacies.
Pangilinan Family Diesel Discount Amid Fuel Price Hike
Actor Donny Pangilinan and his parents provide a P3 diesel discount at their Cavite gas station to help motorists cope with soaring fuel costs driven by geopolitical tensions.
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FDA: Nestle's Recalled Milk Products Destroyed, Won't Return
The Food and Drug Administration guarantees that all recalled Nan Optipro and Nankid Optipro infant formula products have been properly destroyed and will not re-enter the market, following Nestle Philippines' voluntary recall initiative.
Cebu Transport Firms Seek 30% Fee Hike on Fuel Costs
Cebu logistics operators propose a 30% increase in trucking rates due to diesel and gasoline prices averaging P100 per liter, driven by global tensions and local economic pressures, potentially raising consumer goods prices.
Aboitiz Group's 2026 Start: Milestones and Global Awards
Aboitiz Equity Ventures Inc. (AEV) begins 2026 with significant achievements and international recognitions across its diverse business sectors, including power, banking, infrastructure, and sustainability, reinforcing its role in Philippine economic deve
NCCC's 2026 Ramadan Initiatives Boost Community Bonds in Mindanao
NCCC Supermarket marks its sixth year of Ramadan outreach in Mindanao, distributing over 700 grocery packs and hosting an Eid celebration to support Muslim communities during the holy month.
SEC-SCAD Help Desk Launched in Clark Freeport for Businesses
The SEC Tarlac Extension Office and SCAD have inaugurated a regulatory help desk at Clark Freeport Zone to streamline corporate services for locators in the Subic-Clark corridor, enhancing compliance and investor confidence.
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Free Gasoline Giveaway in Cebu Eases Motorcycle Riders' Burden
Don Macchiatos Philippines provided free full-tank gasoline refills to over 150 motorcycle drivers in Talisay City, offering relief amid soaring fuel prices in Cebu. The initiative, costing P50,000, drew long queues as riders sought financial respite.
Cebu Winner Claims PHP 100M Ultra Lotto Jackpot
A lucky Cebu resident has won the PHP 100 million Ultra Lotto 6/58 jackpot, with the winning ticket purchased in Cebu City. The prize must be claimed within one year or it will be donated to charity.
DTI Secures Price Freeze on Essentials Amid Fuel Crunch
The Department of Trade and Industry announces manufacturers have pledged to maintain stable prices for canned goods, bread, water, and other prime commodities for 30 to 60 days, with strict penalties for violators.
Pangilinan Family Provides P3 Diesel Discount to Help Motorists
Businessman Anthony Pangilinan and his son, actor Donny Pangilinan, announce a P3 per liter diesel discount at their Cavite gas station to assist motorists struggling with soaring fuel prices due to Middle East tensions.
Price Freeze on Basic Goods for Up to 60 Days
Manufacturers of basic necessities and prime commodities have committed to the DTI not to increase prices for 30 to 60 days, covering items like canned sardines, bread, and soap to mitigate the impact of rising petroleum costs.
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DTI Warns Retailers on Hoarding, Profiteering Amid Crisis
The Department of Trade and Industry issues a stern warning to retailers against illegal hoarding and profiteering of essential goods, citing severe penalties under the Price Act, as global uncertainty from the Middle East conflict drives price concerns.
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