Tag: price
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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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ERC Sets P25/kWh Price Cap for Backup Power in Reserve Market
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MANILA, Philippines — The Energy Regulatory Commission (ERC) has introduced a price cap of P25 per kilowatt-hour (kWh) for backup power offered to the National Grid Corp. of the Philippines. During a recent meeting, the ERC decided to set a minimum offer price of zero per megawatt-hour and a maximum…
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NexGen Energy stock price climbs 1.8% following market debut
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NEXGEN Energy Corp., a newly listed renewable energy (RE) company, saw its stocks rise by 1.79% or three centavos to P1.71 per share following its market debut on Tuesday, exceeding its initial price of P1.68 each.
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Housing price growth slows in first quarter
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RESIDENTIAL PROPERTY PRICES nationwide rose at a slower pace in the first quarter, the Bangko Sentral ng Pilipinas (BSP) said. Data from the central bank showed that the Residential Real Estate Price Index (RREPI) rose by an annual 6.1% in the January-March period but slowed from the 6.5% growth in…
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PHL wholesale, NCR retail price growth slower in May
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Wholesale price growth in the country and retail price growth in the National Capital Region (NCR) both eased to multiyear lows in May amid base effects, the Philippine Statistics Authority (PSA) reported on Friday. Preliminary data from the PSA showed the country’s general wholesale price index (GWPI) inched up by…
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Metro Manila’s construction material retail price growth quickens in April
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RETAIL PRICE growth of construction materials in the National Capital Region (NCR) accelerated to three-month high in April, the Philippine Statistics Authority (PSA) reported on Friday. According to preliminary data from the PSA, the construction materials retail price index (CMRPI) in April grew by 1.2%. This was twice faster than…
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OceanaGold PHL sets final IPO price at P13.33
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OCEANAGOLD Philippines, Inc. (OGPI) announced on Wednesday the final offer price for its upcoming initial public offering (IPO) at P13.33 per share, falling below the upper estimate of P17.28 per share projected by its parent company OceanaGold Corp. The IPO will consist of 456 million secondary common shares, with the…