Phoenix hikes gas prices
By Tetch Torres-Tupas
Independent oil firm Phoenix Petroleum Philippines increased prices of its petroleum products starting Tuesday at 6 a.m.
Independent oil firm Phoenix Petroleum Philippines increased prices of its petroleum products starting Tuesday at 6 a.m.
The woeful story of businessman and car enthusiast “EA” (name withheld upon request) started four years ago.
The rate of rise in consumer prices came to a five-month high of 3.4 percent year on year in February due to the double-digit spike in the prices of so-called sin products.
Local oil announced they were to slash prices of petroleum products starting Sunday to reflect the softening of oil prices in the global market.
JWT Manila managed to pull off what could have been a daunting task of presenting in a playful yet in-depth way of how businesses and marketers can capitalize on prevailing trends.
State-run Power Sector Assets and Liabilities Management Corp. (PSALM) expects its cash flow to improve over the next four years, after regulators allowed it to collect P53 billion in universal charges for stranded contract costs from all power consumers.
Local oil companies are slashing prices of petroleum products effective Monday (Feb. 25) to reflect the softening of oil prices in the global market.
Europe’s horsemeat scandal spread Wednesday to Asia where an imported lasagna brand was pulled from the shelves in Hong Kong, as Czech officials ordered similar action on frozen meals mislabelled “beef.”
Consumers can heave a sigh of relief as the Energy Regulatory Commission rejected the petition of the state-run Power Sector Assets and Liabilities Management Corp. (PSALM) to collect another P65 billion worth of so-called stranded debts.
Local oil companies have raised again the pump prices of their petroleum products to reflect the continued uptrend in the prices of oil in the international market.
Power consumers should brace for higher electricity rates, starting March, as the Energy Regulatory Commission has allowed the state-run Power Sector Assets and Liabilities Management Corp. (PSALM) to collect P53.58 billion worth of so-called stranded contract costs.
For a third week in row, local oil companies raised the prices of petroleum products to reflect the continued uptrend in oil prices in the global market.
