Another major fuel rollback seen next week
Economy

Another major fuel rollback seen next week

Motorists in the Philippines can expect another significant rollback in pump prices next week, based on estimates from Singapore trading and forex averages. However, lingering supply risks persist, particularly concerning Middle Eastern tensions.

Read up to 3 eligible full articles per Japan day (JST) for free

Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.

  • Philippine Economy Faces Dilemma of Slow Growth Amid High Inflation

    The Bangko Sentral ng Pilipinas (BSP) acknowledged the country's struggle with a challenging mix of high inflation and sluggish economic growth, emphasizing that future policy decisions will be data-driven. Balancing inflation control with economic stimulus remains a key challenge.

  • UA&P: Sugar industry can reduce import dependence

    The Philippine sugar industry has room to improve productivity and reduce its dependence on imports, according to a report from the University of Asia and the Pacific (UA&P). Despite persistent structural challenges, the potential for improvement is indicated.

  • Philippines, Chile to Sign Comprehensive Economic Partnership Agreement on Nov. 19

    The Philippines will sign a Comprehensive Economic Partnership Agreement (CEPA) with Chile on November 19. This marks the Philippines' first trade deal in Latin America and is expected to open new export markets for agriculture, semiconductors, and mineral products.

  • Mendoza Appointed Customs Chief in Marcos Administration Reshuffle

    President Ferdinand Marcos Jr. has appointed Charlito Martin Mendoza as the new chief of the Bureau of Customs (BOC). This appointment is part of a broader leadership reshuffle within the administration, which also saw Joshua Bingcang move to lead the Philippine Economic Zone Authority (PEZA).