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Oil surges 5 pct on trade truce, expected supply cuts

LONDON – Oil prices jumped by more than 5 percent on Monday after the United States and China agreed to a 90-day truce in a trade dispute, and ahead of a meeting this week of the producer club OPEC that is expected to cut supply. U.S. light crude oil rose $2.92 a barrel to a […]

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Consumers fear repeat of runaway inflation amid fuel excise tax hike

The Philippine economic managers’ move to recommend pushing through the second tranche of fuel excise taxes next year are leaving consumers wary that the possible tax hike might lead to faster inflation. Watch video for more info: https://news.abs-cbn.com/video/business/12/01/18/consumers-fear-repeat-of-runaway-inflation-amid-fuel-excise-tax-hike

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Suggested retail price sa asukal, inihirit

Nanawagan sa gobyerno ang isang grupo ng mga konsumer at isang opisyal ng Sugar Regulatory Administration (SRA) na imbestigahan ang mataas na presyo ng asukal at magtakda na ng suggested retail price (SRP) nito. Ayon kay SRA board member Emiliano Yulo, bumaba na ang farmgate price ng asukal, na ngayon ay nasa P1,450 kada sako. […]

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Consumers fear repeat of runaway inflation amid fuel excise tax hike

The Philippine economic managers’ move to recommend pushing through the second tranche of fuel excise taxes next year are leaving consumers wary that the possible tax hike might lead to faster inflation. – Business Nightly, ANC, November 30, 2018 https://news.abs-cbn.com/video/business/12/01/18/consumers-fear-repeat-of-runaway-inflation-amid-fuel-excise-tax-hike