The International Energy Agency says low-income households consume only about half as much energy as high-income households and one-third less than median-income households. Photo shows a lineman checking the electric meter in Manila. PHOTO COURTESY OF TEMPO

High energy costs still haunt PH, Southeast Asia neighbors

Households in the Philippines and in neighboring countries continue to face significant pressure from elevated energy costs, the International Energy Agency (IEA) said in...
The Malalan Barangay Hall in Jose Abad Santos, Davao Occidental following the magnitude 7.8 earthquake that hit Sarangani province on June 8, 2026. The Insurance Commission on June 17 directed all regulated entities to facilitate claims processing in areas declared under a state of calamity. PHOTO COURTESY OF JUREL BAYANG

IC orders faster claims processing in earthquake-hit localities

THE INSURANCE Commission (IC) on Wednesday, June 17, directed all regulated insurance entities to expedite claims processing in areas placed under a state of...
The National Irrigation Administration (NIA) Bago River Irrigation System North District serves about 6,000 hectares of rice farms in portions of Bago City and Murcia town in Negros Occidental. PEDRO LIMPANGOG/FACEBOOK PHOTO

Irrigation reopens for 6K hectares of rice farms in central Negros

THE NATIONAL Irrigation Administration (NIA) Bago River Irrigation System (BRIS) North District reopened on Tuesday, June 16, to serve about 6,000 hectares of rice...
Power firms are urged to save fuel and manage supply more carefully to protect the grid and ensure that essential electricity services remain uninterrupted. PHOTO COURTESY OF GMA INTEGRATED NEWS

Overall transmission rates down in June 2026 consumers’ electric bills

POWER transmission service provider National Grid Corporation of the Philippines (NGCP) announced a reduction in overall transmission rates for end consumers this June, driven...
Fuel firms will slash the prices of gasoline by P0.10 a liter today, January 6, 2026. PHOTO COURTESY OF GMA INTEGRATED NEWS

Oil drops to fresh 3-month low as markets weigh US-Iran peace deal

OIL PRICES slid to fresh three-month lows on Tuesday as markets weighed prospects for a resumption of supplies through the Strait of Hormuz alongside...
A fuel station attendant assists a customer in this photo taken on March 30, 2026. Energy officials on Monday, June 15, 2026, said logistics vehicles serving the agriculture sector will be included in the government’s fuel subsidy program to help them cope with higher fuel prices. PNA PHOTO BY ROBERT OSWALD P. ALFILER

DOE expands fuel subsidy coverage to include agri-logistics firms

LOGISTICS firms servicing agriculture-related clients will be included in the government’s fuel subsidy program, according to the Department of Energy (DOE). In an online briefing...
The Philippine peso strengthened against the greenback in early trade on Wednesday. PHOTO COURTESY OF INQUIRER.NET

Peso strengthens back to P60:$1 level on US-Iran peace deal

THE PHILIPPINE peso appreciated for the fourth straight trading day on Monday, June 15, to mark its best showing in over five weeks, as...
The Philippine economy grew by 2.8 percent in the first quarter of 2026. For the second and third quarters, De La Salle University economists project further weakening, with growth slowing to 2.5 percent and 2.2 percent, respectively. INQUIRER PHOTO / GRIG C. MONTEGRANDE

PH economy seen to grow by 3% this year

THE DECELERATION of the Philippine economy is expected to persist until the end of the Marcos administration, with economists at De La Salle University...