What's News Post

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Oil companies rolls back prices on Tuesday by P1.10 per liter

MANILA, March 23  -– Pilipinas Shell Petroleum Corp. (PSPC), Seaoil Philippines Inc (SPI), Petron Corporation, Chevron Philippines Inc. (CPI), Phoenix Petroleum Philippines and PTT Philippines will rollback pump prices of gasoline by Php 1.10 per liter on Tuesday. Eastern Petroleum will cut gasoline prices by P1.20 per liter. PSPC, SPI, […]

PH merchandise exports suffer marginal drop in January 2015

MANILA, March 12 — Philippine export of minerals and agro-based products registered strong growth in January 2015, but weaker demand in manufactures and lower sales from petroleum pulled down total exports, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority reported Tuesday that the country’s merchandise […]

Watchdog warns skin whitening cosmetics contain mercury

MANILA, March 3 — A toxics watchdog warned that mercury-laden skin whitening cosmetics can pollute the household environment which endangers users and non-users, including young children who are most vulnerable to toxic exposure. The EcoWaste Coalition conducted yet another study on the amount of mercury that is released to the […]

Phoenix, Shell effects increase pump price of oil products

MANILA, Feb. 23 — Oil derived-products are on the side of price increases with two retailers leading the pack. Pilipinas Shell Petroleum Corp. and Phoenix Petroleum Philippines Inc. will increase pump prices of gasoline by 85 centavos per liter and diesel by 80 centavos per liter on Tuesday. Shell will […]

Meralco effects power rate hike on February bill

Meralco effects power rate hike on February bill. MANILA, Feb 11 — Power giant retailer Manila Electric Company has the power to charge rate increases in its service area. This February the power monopoly will increase its total billing charges by 84 centavos per kilowatthour. Households with 200 kWh monthly […]

Petron cuts back price of petroleum products Monday

Petron cuts back price of petroleum products Monday MANILA, Jan. 19 — On Monday, the Petron Corporation will effect a cut back on prices of its petroleum products by more than one peso. The company will reduce P1.25 per liter on gasoline brand Blaze 100, Euro 4, XCS, Xtra Advance […]

APEC plunges Albay 1st district in power blackout

APEC plunges Albay 1st district in power blackout. Legazpi City, Jan. 11 — It might occur to many observers that local power retailer Albay Power and Energy Corporation is playing carrots and sticks all along. Last Thurdsday morning, Albay Power and Energy Corporation shut down the power connection of thousands […]

APEC cuts off electric service of MPCF-Legazpi

APEC cuts off electric service of Mariners Polytechnic Colleges Foundation – Legazpi Legazpi City, Jan 9 — Albay Power and Energy Corporation finally disconnected the electric service to the entire campus of Mariners Polytechnic Colleges Foundation in Barangay Rawis here, on Wednesday at about 10 o’clock in the morning. The […]

Ayala invests P1-billion in Legazpi mall project

Ayala invests P1-billion in Legazpi mall project development. City mayor Noel Rosal said on Saturday evening during a social event celebration held at the city motorpool compound that the Ayala Corporation has invested P1-billion for the construction of a mall right at the heart of the city. Ayala took over […]

PLDT sucks in customer service

PLDT sucks in customer service. Calabanga, CAMSUR — The new year of 2015 is seen to augur inspiration and hope for many of us. But if the new year is epitomized in telecom service like the Philippine Long Distance Telephone Company (PLDT), then it doesn’t look good at all. Before […]

What's Rising

BDO Unibank registers P13B net income in first half of 2017

In its disclosure with the Philippine Stock Exchange (PSE) Monday, the Banco de Oro Unibank Inc. (BDO) registered a P13.3-billion net income in the first half of 2017, much higher than the PHP11.7 billion in the same period in 2016. The leading unibank of the country traced the improvement of […]

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This is how Casureco II electric bill looks like

Just looking into the details of a Casureco II power bill is a pain in the spine. Casureco II is the coop retailer of electricity covering the franchise area in the towns of Minalabac, Canaman, Tinambac, Siruma, Pili, Bombon, Magarao, Milaor, Calabanga and Naga City, all in the province of […]

P-Noy sees greater prosperity in Philippine-Mexican ties

P-Noy sees greater prosperity in Philippine-Mexican ties Philippine President Benigno S. Aquino III said a broader cooperation between the country and Mexico could lead to greater prosperity. “It is about time for us to expand our ties beyond the realm of history,” Aquino said of recognizing the enduring friendship of […]

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Throwback

Why ghost month ‘phenomenon’ plunges PH stocks

The ‘phenomenon’ is back. The (stock market) ghost month begins. The benchmark Philippine Stock Exchange index (PSEi) dived 149.34 points, or 1.86 percent to 7,888.44 from previous day’s 8,037.78 finish on Wednesday. Almost all counters suffered a massive decline, led by services and holding firms that plunged 2.85 percent and […]

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Ayala firm wins P4-billion integrated transport system south terminal project

Property behemoth Ayala Land Inc. on Tuesday won a bid to build and operate the P4-billion Integrated Transport System Project–South Terminal under the public-private partnership (PPP) scheme. The company will be awarded by the Department of Transportation and Communications with a 35-year concession agreement to build and operate the ITS […]

Decline in PH export brings down total trade revenue in July 2016

MANILA, Sept 14 — The Philippine’s total merchandise trade declined as exports continue to slide in July 2016, given that global economic recovery remains slow, according to the National Economic and Development Authority (NEDA). This was revealed as the Philippine Statistics Authority reported total revenue from trade fell from US […]

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