News

Shortage-hit Manila Water customers demand zero charges

ABS-CBN News
Updated as of Mar 21 04:40 PM

An official from the government's water regulatory body wants Manila Water to hold off this month's billing for customers affected by the water shortage. Read more »

P11 bilyong utang sa China para sa Kaliwa Dam, ipapasa sa konsumer?

ABS-CBN News
Posted at Mar 15 12:58 AM

Isa ang Kaliwa Dam project sa nakikitang solusyon sa kakulangan ng supply ng tubig. Read more »

Meralco warns of another power rate hike

ABS-CBN News
Posted at Mar 06 12:21 AM

Utility firm Meralco warned there may be another round of power hikes this March. Read more »

Philippine consumer pyramid 'vastly changing', says analyst

ABS-CBN News
Posted at Feb 25 11:07 AM

The Philippine consumer pyramid is "vastly changing," with the majority of the population expected to rise to the "middle and affluent class" by 2030, an official of a global management consulting firm said Monday.  Read more »

Costlier canned goods, condiments as DTI OKs price hikes on basic goods

ABS-CBN News
Posted at Feb 23 03:48 PM

MANILA - After a price freeze despite peak inflation during the months leading up to the Christmas season, the Department of Trade and Industry (DTI) has announced price hikes on 56 basic commodities this February.  Read more »

BFAR chief skeptical of 'laminated' fish

ABS-CBN News
Posted at Feb 10 11:09 AM

The chief of the Bureau of Fisheries and Aquatic Resources said Sunday that he had doubts about several viral videos showing supposedly imported fish coated with plastic. Read more »

Palace: Gov’t to remain ‘on guard’ as inflation slows further

ABS-CBN News
Posted at Feb 05 01:35 PM

MANILA - Malacañang on Tuesday said the government will remain “on guard” as inflation decelerated further in January. Read more »

Some consumers lament rising prices of goods

ABS-CBN News
Posted at Jan 18 12:26 AM

But the Philippines' trade secretary is confident inflation will slow down this year and consumers will barely feel the impact of additional excise taxes. Read more »

Oil firms to raise fuel prices anew

ABS-CBN News
Posted at Jan 14 10:58 PM

Motorists face a double whammy this week, with oil firms raising fuel prices again on January 15th.  Read more »

PH agri group, economist say rice tariffication can help lower rice prices

ABS-CBN News
Posted at Jan 08 12:00 AM

Philippine economic managers have been betting big on the rice tariffication bill as one of the government's way to keep inflation within its target range. Read more »

PH fuel prices rise amid global crude price movements, excise tax

ABS-CBN News
Posted at Jan 07 11:51 PM

Fuel prices begin to rise as oil moves higher in the world market.  Read more »

DOE confident fuel excise tax will not stoke inflation

ABS-CBN News
Posted at Jan 03 10:57 PM

The Philippine government is confident the rise of prices will be tamed in 2019. Read more »

No public hearings in water rates adjustment

ABS-CBN News
Posted at Dec 19 12:27 AM

A Philippine consumer group questions why no public hearings were conducted before the implementation of water rates adjustment. But concessionaires were quick to explain why. - Business Nightly, ANC, December 18, 2018 Read more »

PH water concessionaires to raise rates for January 2019

ABS-CBN News
Posted at Dec 13 11:48 PM

Customers of Maynilad and Manila Water are expected to bear the brunt of higher water rates for the first month of 2019. Read more »

Cheaper commercial rice to be sold in major supermarkets

ABS-CBN News
Updated as of Dec 12 07:33 AM

The Philippine trade department's efforts to lower the price of commercial rice seems to be paying off. Read more »

Gasoline prices up; diesel, kerosene prices see rollback

ABS-CBN News
Posted at Dec 10 11:47 PM

Filipinos will have to dig deeper in their pockets as Meralco raises power rates for the month of December. Read more »

'HM po?': Facebook says consumers shifting to Messenger, chat apps

Jessica Fenol, ABS-CBN News
Posted at Dec 07 03:39 PM

Around 65 percent of consumers will use messaging platform to connect to a business more than any other channel, Facebook Philippines country director John Rubio told reporters.   Read more »

Gasoline, diesel prices rise for first 3 trading days

ABS-CBN News
Posted at Dec 07 12:13 AM

A fuel price hike here at home is expected next week amid rising oil prices in the world market. Read more »

Inflation eases to 6 pct in November due to falling food prices

ABS-CBN News
Posted at Dec 06 12:22 AM

The country's inflation eased to six percent in November, mostly due to falling food prices. Read more »

Fuel prices decline for 8th consecutive week

ABS-CBN News
Posted at Dec 03 11:31 PM

As fuel prices roll back for another week, Philippine transport regulators move to slash minimum jeepney fares by P1. Read more »