Oil price shocks could fuel inflation anew
Fuel retailers on Tuesday implemented big-time price hikes. Gasoline prices rose by P2.65 per liter, diesel by P2.70 per liter, and kerosene by P2.60 per liter. — PHILIPPINE STAR/EDD GUMBANFURTHER VOLATILITY in oil prices and potential price adjustments could
Social services, food security to get P292-B boost in 2025 budget
The House of Representatives — PHILIPPINE STAR/RYAN BALDEMORBy Chloe Mari A. Hufana, ReporterA SMALL COMMITTEE tasked by the House of Representatives to propose changes to the 2025 General Appropriations bill has increased funding for social services, food security and social
Five more PPP projects to be awarded this year, early 2025
A MAN WORKS at a construction site in Navotas City. — PHILIPPINE STAR/RYAN BALDEMORFIVE MORE public-private partnership (PPP) projects worth around P28 billion are expected to be awarded this year and by early 2025, the government said.This, as the
EDC eyes P25B for geothermal project expansion
PHILSTAR FILE PHOTOLOPEZ-LED Energy Development Corp. (EDC) plans to allocate P25 billion for the expansion of its 282.5-megawatt (MW) Southern Negros Geothermal Project (SNGP) in Negros Oriental.“This covers the cost of drilling new wells, the expansion of existing pads, and
Converge tapped to connect 600-ha industrial park in Batangas
FIRST PHILIPPINE Industrial Park is a joint venture between the local conglomerate First Philippine Holdings and the Japanese conglomerate Sumitomo Corp. — FPIP.COMLOPEZ-LED First Philippine Holdings Corp. has tapped Converge ICT Solutions, Inc. to provide connectivity solutions for First Philippine