Tag: prices
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Fuel Prices Expected to Rise Next Week – DOE
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Motorists should brace for higher fuel prices next week, according to the Department of Energy (DOE) on Friday. Based on international trading over the past four days, DOE-Oil Industry Management Bureau Assistant Director Rodela Romero shared the estimated price adjustments for petroleum products: Gasoline – Increase of P0.45 to P0.75…
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Motorists to Face Higher Fuel Prices as Retailers Announce Price Hike for 2025
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Motorists will see an increase in petroleum product prices this week as retailers announced a significant price hike on Monday to kick off 2025, following a rollback the previous week. In separate announcements, Seaoil Philippines Corp. and Shell Pilipinas Corp. stated they will raise the prices per liter of gasoline…
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Data transparency, consolidation to help predict farm prices and promote smart farming
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The lack of data transparency and consolidation is hindering the price forecast of farm produce, which goes a long way into developing an efficient food system, according to Filipino scientists.
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IEX Reports Record Growth in Electricity Volume Amid Rising Energy Consumption and Stable Market Prices
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Indian Energy Exchange (IEX)reported a significant 24.7% year-on-year increase in electricity volume to 10,185 MU in June’24. Including certificates, the total monthly volume rose 19.4% to 10,677 MU. For the […] The post IEX Reports Record Growth in Electricity Volume Amid Rising Energy Consumption and Stable Market Prices appeared first…
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Lower rice tariffs to bring down retail prices as early as July
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THE GOVERNMENT’S move to slash tariffs on imported rice could bring down average retail prices by P6-P7 per kilo as early as July, the Department of Agriculture (DA) said on Wednesday. “The potential price reduction will be between P6 and P7 per kilo… In a month’s time we can expect…
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NEDA board OKs low tariff regime amid rising prices
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THE BOARD of the National Economic and Development Authority (NEDA) has approved a medium-term plan to lower tariffs on agricultural and industrial products, as the Philippines struggles with rising prices and declining factory performance.
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Peso’s nonstop fall may stoke prices
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A PROLONGED depreciation of the Philippine peso could stoke inflation, though it could also benefit the economy by boosting export earnings, analysts said.