Day: July 14, 2025

Manila: Oil companies will again implement upward price adjustments on Tuesday, given the impact of developments in the international market. In an advisory Monday, Caltex said prices of its gasoline products will increase by PHP0.35 per liter, diesel by PHP0.70 per liter, and kerosene by PHP0.50 per liter, effective 6:01 am on July 15. According to Philippines News Agency, Petron will also increase gasoline prices by PHP0.70/L, PHP1.40/L for diesel and PHP0.80/L for kerosene. On the other hand, Seaoil and PTT Philippines will hike gasoline prices by PHP0.70 per liter and diesel by PHP1.40 per liter, effective 6 a.m. on

Batangas: The Department of Social Welfare and Development (DSWD) Field Office IV-A has released a total of PHP22.77 million in seed capital to 67 Sustainable Livelihood Program (SLP) associations across Batangas province. Joseph Arceo, Public Information Officer of DSWD IV-A, stated that the funds will support various livelihood ventures initiated by organized groups under the SLP, a program designed to improve the economic well-being of vulnerable communities. According to Philippines News Agency, these associations have undergone capacity-building activities focused on leadership, financial literacy, and basic enterprise development. The seed capital is a result of their preparation and readiness to operate

Manila: Energy Secretary Sharon Garin has assured the public of continued reforms on energy security, sustainability, and affordability. Garin, who was sworn-in by President Ferdinand R. Marcos Jr. on Monday, emphasized that reforms initiated by her predecessor, Raphael Lotilla, who now leads the Department of Environment and Natural Resources, will remain a focal point of the department’s agenda moving forward. According to Philippines News Agency, Garin highlighted the acceleration of renewable energy development, the expansion of electrification efforts, the enhancement of energy resiliency, and the continued strengthening of the investment climate as key components of the strategy. She noted that

Pasay city: The Philippines has secured access to visit three Filipino nationals who were recently detained in China on suspicion of espionage, as announced by Foreign Affairs Secretary Ma. Theresa Lazaro. During a media engagement in Pasay City, Lazaro emphasized that the Department of Foreign Affairs (DFA) is treating the incident as a “consular issue” and assured that the full support of the government would be extended to the detained individuals. According to Philippines News Agency, Lazaro stated that the Chinese government has informed the Philippines about the situation, and the Philippine Consulate in Guangzhou is now handling the matter.

Manila: The Bureau of the Treasury (BTr) on Monday fully awarded bids for Treasury bills (T-bills). The 91-, 182-, and 364-day T-bills fetched average rates of 5.475 percent, 5.575 percent, and 5.650 percent, respectively, all lower than the previous auction rates. Last week, the average rates for these T-bills were 5.526 percent, 5.618 percent, and 5.656 percent. According to Philippines News Agency, the auction was 4.1 times oversubscribed, attracting PHP102.9 billion in total tenders. This prompted the Committee to double the accepted non-competitive bids for the 182-day T-bills to PHP6.8 billion. As a result, the Committee raised a total of