Oil firm faces P6-B case

Publicly listed independent oil company Phoenix Petroleum Philippines (PNX) is facing a P6-billion smuggling case as the Department of Justice (DoJ) yesterday approved the indictment of its president and a Bureau of Customs (BoC) broker for the company’s alleged “non-payment of excise and Value-Added Taxes and non-submission of import documents such as invoices and bills of lading.”... 

National Day of Tunisia today

Manila, Philippines – Tunisia celebrates its National Day today. The holiday is usually celebrated through luncheons and speeches relating to the bravery of the guerrilla forces calling for a free Tunisia during the Tunisian War of Independence. Local leaders pay tribute to those who perished during the wars to achieve the country’s independence. Incoming search terms:tunisia... 

Fuel hike

Manila, Philippines – Local oil firms raised their fuel prices anew yesterday, this time by as much as P1.05 per liter. At 6 a.m., major oil players Pilipinas Shell, Petron Corp. and Chevron Philippines hiked their respective prices of premium gasoline (including unleaded) by P1.05 per liter, regular gasoline by P0.75 per liter and both diesel and kerosene by P0.45 per liter.  Read More »

Oil firms cut, increase prices

Manila, Philippines – Major oil companies Pilipinas Shell and Chevron Philippines (formerlyCaltex) followed suit yesterday in enforcing the second mixed price adjustment on petroleum products this year.  Read More »

Local oil firms hike prices

Manila, Philippines – The country’s biggest oil companies implemented increases of up to P0.60 per liter on their petroleum products on Christmas Eve, a move that likewise ended three consecutive weeks of fuel price rollbacks. At 12:01 yesterday, Pilipinas Shell and Petron Corp. raised their respective prices of premium gasoline (including diesel) by P0.50 per liter, regular... 

Philippine exports grow in 2012

Manila, Philippines – The Philippines is among the few economies in Asia that registered positive exports growth in the first eight months of 2012, according to the National Economic and Development Authority (NEDA). Merchandise exports for the first eight months of this year grew by 5.4 percent in the same period in 2011. Incoming search terms:2012 garments exports - philippines... 

Price cut

Manila, Philippines – Oil companies Eastern Petroleum Philippines and Pilipinas Shell reduced prices today. Eastern Petroleum slashed P1 per liter on premium and unleaded gasoline, regular gasoline by P0.40 per liter, and diesel and kerosene by P0.25 per liter effective 12:01 a.m. last night.  Read More »

Oil firms hike, cut prices

Manila, Philippines – Local oil firms yesterday tempered the runaway prices of premium gasoline, enforcing a slight rollback on the commodity, but ended up increasing prices of other petroleum products. At 6 a.m. yesterday, major oil players Pilipinas Shell, Petron Corp. and Total Philippines reduced their respective prices of premium gasoline (including unleaded) by P0.45 per liter.  Read More »

PNoy’s SoNA

Manila, Philippines – THE President will surely invite attention to his accomplishments for the past two years in his stateof-the-nation address on Monday. We are certain he will harp strongly on his anti-corruption campaign and his tuwid na daan mantra. Incoming search terms:sona of pnoy 2012 (184)pnoy sona 2012 (175)sona of pnoy (131)PNOY sona (55)pnoy\s sona (47) Read More »

Commuters press transport fare cut

Manila, Philippines – Commuters are still bent on convincing the government to reduce jeepney and taxi fares despite the recent oil price increases. Elvira Medina of the National Center for Commuter Safety and Protection (NCCSP) said it would still push for the reduction of the minimum fare for jeepneys from P8 to P7.50 and the flagdown rate of taxis from P40 to P30. Incoming search...