Middle East crisis

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Monday, 27 April 2026
13 Apr 2026
3:47PM

Cebu hotels slash rates, roll out promos as occupancy drops 60%

CEBU CITY — Hotels and resorts here are offering discounted room rates and special packages to offset a drop in occupancy amid a global slowdown in travel spending, mainly driven by ongoing tensions in the Middle East.
13 Apr 2026
8:02AM

PH shifts ASEAN energy meetings online amid fuel crisis

CEBU CITY— The remaining ASEAN energy meetings for 2026 will be held virtually, the Department of Energy (DOE) said.
10 Apr 2026
9:57AM

ADB trims PH 2026 growth forecast amid global uncertainty

The Philippine economy is expected to grow slower than earlier projected, as rising global uncertainties—particularly the ongoing Middle East conflict—pose risks to inflation, investment, and household spending, the Asian Development Bank (ADB) said.
10 Apr 2026
9:13AM

PSAC, gov’t align on jobs plan amid Middle East tensions

At the 4th meeting of the Private Sector Advisory Council (PSAC) Education and Jobs Sector Group in Malacañang on April 8, officials endorsed a package of measures aimed at protecting employment, sustaining business activity, and preparing the workforce for longer-term shifts in the global economy.
10 Apr 2026
9:06AM

AWG rolls out aid program, keeps University of Cebu tuition unchanged

CEBU CITY— In the wake of rising fuel and commodity prices driven by ongoing tensions in the Gulf region, the AWG (Augusto W. Go) Group has rolled out measures to help its employees and students cope with the economic strain.
2 Apr 2026
11:49AM

Cebu public, private sectors join forces amid fuel crisis

Cebu City—Public and private sectors are working together to address economic strain from rising fuel prices amid ongoing tensions in the Middle East.
1 Apr 2026
4:40PM

Cebu Port Authority cuts port fees, suspends dues as fuel costs soar

CEBU CITY—The Cebu Port Authority will grant discounts and suspend port charges to mitigate the impact of rising fuel prices, particularly diesel, due to the ongoing conflict in the Middle East.
31 Mar 2026
3:16PM

AirAsia Philippines secures fuel supply amid global pressure

AirAsia Philippines said it has secured adequate jet fuel supply to sustain its operations, as airlines continue to navigate volatility in the global fuel market.
31 Mar 2026
10:17AM

INSIDER VIEW | Fiscal courage needed as oil shock hits economy

The United States of America and Israel bombed Iran with no prior notice to the rest of the world and now the specter of an old-fashioned oil crisis is at hand for the millennial generation.
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