Davao Council Seeks Data-Driven Fuel Price Breakdowns
Davao City Council pushes for transparent fuel pricing data as oil companies fail to provide detailed breakdowns in an inquiry, amid rising costs affecting daily living.
Category : Stock Market
Peso Hits All-Time Low at P60.300 per Dollar
The Philippine peso weakened further, closing at a record low of P60.300 per US dollar on March 23, 2026, driven by external pressures like high oil prices and geopolitical tensions.
Transport Groups: Government Lacks Action on Oil Crisis
Defend Jobs Philippines criticizes the government for inadequate response to the transport sector's oil price crisis, demanding long-term solutions like tax reforms and law revisions.
DOJ: Villar Counter-Affidavit Must Be Sworn Before Prosecutors
The Department of Justice emphasizes that the Villar family must swear their counter-affidavit in front of prosecutors handling market manipulation and insider trading complaints filed by the SEC.
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Cebu Transport Strike: Drivers Struggle as Fare Hike Suspended
Cebu City avoided major disruptions during a recent transport strike, but drivers face mounting pressure from rising fuel costs and a suspended fare increase, highlighting economic tensions in the sector.
Peso Hits P60 vs Dollar as Middle East Conflict Intensifies
The Philippine peso weakened to P60.1 against the US dollar on March 19, 2026, driven by escalating Middle East tensions that are pushing global oil prices higher. Business leader Steven Yu warns of persistent pressure on consumers and businesses.
Malacañang Rejects Emergency Call on Oil Prices
Malacañang dismisses calls for a state of national emergency over oil price shocks, asserting the Marcos administration has the situation under control with targeted subsidies and fee reductions.
Nationwide Strike Called Over P110+ Fuel Prices in Iloilo
Transport groups and consumer advocates in Iloilo City announce a nationwide 'Welga ng Bayan' on March 19-20, 2026, demanding government action as fuel prices exceed P110 per liter, causing severe financial strain on drivers and consumers.
LTFRB Approves Fare Hikes Amid Middle East Oil Crisis
The Land Transportation Franchising and Regulatory Board has approved fare increases for jeepneys, buses, and taxis starting March 19, 2026, due to rising oil prices from the Middle East conflict.
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Selling Former US Bases: A Trillion-Peso Fix for Philippine Debt
Amid Middle East war impacts and soaring P19 trillion debt, a proposal emerges to sell former US military base lands like Clark Freeport to generate trillions of pesos, reducing reliance on foreign aid and OFW remittances.
Davao Monitors Fuel Prices Amid Middle East Conflict
Davao City government intensifies inspections at gasoline stations as motorists face fuel price increases. Authorities warn against hoarding and premature price adjustments, with the DOE monitoring nationwide compliance.
PNP Fights Fuel Price Manipulation Amid Middle East Conflict
The Philippine National Police has deployed forces to monitor gas stations and prevent hoarding as oil prices surge nationwide due to Middle East tensions, coordinating with DOE and DTI.
PNP Patrols Gas Stations to Prevent Fuel Price Manipulation
The Philippine National Police has directed nationwide patrols at gasoline stations to prevent oil price manipulation and hoarding, amid Middle East tensions affecting supply. Coordination with the DOE and DTI aims to protect consumers.
Philippine Debt Hits Record P18.13 Trillion in January
The Philippines' national debt surged to a new high of P18.13 trillion by the end of January 2026, marking an 11.2% increase from the previous year, according to Bureau of Treasury data.
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Philippine Stocks, Peso Fall on Middle East War Concerns
The Philippine Stock Exchange index dropped 2.13% to 6,307.84, and the peso weakened to P58.57 against the dollar, driven by investor anxiety over Middle East tensions impacting oil prices and inflation.
Peso Hits P57:$1, Stock Market Dips Before Holiday
The Philippine peso returned to the P57:$1 level, boosted by record-high OFW remittances and quiet Asian FX markets. Meanwhile, the PSEi fell for a third consecutive day ahead of the Chinese New Year break, driven by profit-taking.
Cordova Police Seize P130,200 in Illegal Cigarettes
Police in Cordova, Cebu, confiscated illegal cigarettes worth P130,200 during a raid in Barangay San Miguel. The operation targeted unlicensed products lacking proper labeling and tax payments, with suspects citing low prices as motivation for sales.
Gold Futures Break $5,000 Barrier for First Time
COMEX February gold futures surged past $5,000 per ounce in historic trading, driven by US dollar weakness, geopolitical risks, and shifting investment flows.
Saudi Arabia Opens Capital Market to All Foreign Investors
Saudi Arabia's CMA removes all restrictions for foreign investors starting February 2026, aiming to boost market liquidity and attract billions in new investments. Discover what this means for global finance.
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Philippine Stocks Open 2026 with Broad-Based Gains
The Philippine Stock Exchange index surged 82.14 points on the first trading day of 2026. PSE chief Monzon cites governance reforms as key to restoring investor confidence. Read the full market analysis.
PSE Capital Raised Hits P144B in 2025, Index Falls
Philippine Stock Exchange reports a 75% surge in capital raised to P144.14B in 2025, even as the PSEi fell 7.29%. Discover the key drivers and outlook for 2026.
Peso gains, PSEi falls on Q3 GDP growth worries
Philippine peso strengthens to 58.96 against US dollar while stock market drops to 5,702.64 points. Investors cautious after Q3 2025 GDP growth slows to 4%. Learn more.
Maynilad IPO Debuts on Philippine Stock Exchange
Maynilad Water Services Inc. makes its stock market debut under ticker MYNLD. The IPO funds will fuel capital expenditures and long-term sustainability projects. Discover the impact.
Philippine Stocks Crash Below 6,000 Points
The Philippine Stock Exchange Index crashes below the critical 6,000-point mark as weak economic growth and global uncertainties spark massive sell-offs. Discover what's driving the market downturn and what experts predict for the coming weeks.
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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.
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