Middle East Updates

Developments in the Mideast war and its impact on Asia-Pacific

DOF: Price cuts due to fuel tax law felt by mid-April

The administration could suspend or reduce the excise on fuel as early as April 12,…

Biz groups back new presidential power on fuel excise

Several business groups on Thursday backed the new law allowing President Marcos to suspend or…

Fare hike suspension, fuel subsidies lauded

A group promoting the interest of commuters welcomed the suspension of the planned fare increase…

BIZ BUZZ: Riding out the Middle East crisis

Soaring jet fuel prices and a wave of flight disruptions have been rattling airlines since…

Iran war could drag down PH growth sub 3%

The twin shocks of a graft-fueled slump in confidence and soaring oil prices due to…

Iran says ‘no negotiations’ as US pushes 15-point deal

US President Donald Trump is ready to “unleash hell” if Iran does not accept a…

PSEi rebounds amid hopes of US-Iran deal

Philippine stocks rebounded on Wednesday, with the benchmark index returning above the 6,000 level amid…

Marcos gets special power to cut or suspend fuel tax

President Marcos on Wednesday signed Republic Act No. 12316, a law authorizing him to suspend…

P20-B emergency fund set to secure fuel supply

President Marcos has directed the release of billions in additional funds in response to the…

LGUs roll out fuel subsidy in provinces

The streets of Kidapawan City in Cotabato province were almost emptied of passenger tricycles on…