Thursday, 4 June 2026
6 days ago
Oil shock now threatens consumer demand, Philippine firms warned
The Makati-based professional services firm Reyes Tacandong & Co. said many businesses remain too focused on the direct impact of higher fuel and logistics costs while underestimating the risk of softer consumer spending.
15 May 2026
5:09PM
ADB readies $1.75-B support for PH amid oil crisis
The Asian Development Bank (ADB) has pledged up to $1.75 billion in additional financing to help the Philippines cushion the economic impact of the ongoing Middle East conflict.
11 May 2026
3:21PM
FAST opens financing, fuel programs for truck owners
FAST Logistics Group is stepping up efforts to support truck owners and aspiring trucking entrepreneurs in the Visayas as rising fuel prices continue to squeeze margins across the transport sector.
7 May 2026
4:10PM
Mapúa expands aid programs as energy crisis hits students
Mapúa Malayan Digital College (MMDC) is ramping up its financial aid and flexible payment programs as economic pressures linked to the global energy crisis continue to strain Filipino working students.
5 May 2026
5:26PM
No-frills diplomacy: ASEAN summit to tackle energy crisis
LAPU-LAPU CITY, Cebu — Bare-bones. No-frills. Business-like. This is how organizers describe the two-day ASEAN Summit here, where 11 heads of state are set to tackle, among others, the staggering impact of tensions in the Middle East.
4 May 2026
4:30PM
SUV demand holds firm despite rising fuel costs
Filipino borrowers continue to favor sports utility vehicles (SUVs) and house-and-lot properties, with demand for larger, family-oriented purchases holding steady even amid concerns over rising fuel costs, according to Metrobank.
30 Apr 2026
7:29AM
Fuel crisis relief: Cebu Ports Authority cuts fees anew
CEBU CITY—The Cebu Ports Authority (CPA) has granted a 50-percent discount on the remittance of domestic cargo handling fees to mitigate the impact of the ongoing fuel crisis affecting service providers operating in the Ports of Cebu.
28 Apr 2026
9:36AM
Grab rolls out P350-M fuel aid for drivers, riders
Grab Philippines has mobilized P350 million under its Grab Bayanihan Fuel Crisis Support Program, rolling out a suite of financial and operational support measures to cushion the impact of rising fuel prices on its driver- and delivery-partners.
24 Apr 2026
1:50PM
Shipping group seeks port fee cuts amid fuel price hike
CEBU CITY—The country’s largest shipping organization is urging Transportation Secretary and Philippine Ports Authority (PPA) Chair Giovanni Lopez to grant nationwide port fee discounts to help the industry cope with rising diesel prices amid ongoing tensions in the Middle East.
Advertisement
