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Big-time oil price cut expected on May 14

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Another big-time oil price rollback is expected during the second week of May.

Citing four-day trading prices, the Department of Energy announced on Friday that gasoline prices could decrease by up to P2.25 per liter, while diesel prices may see a maximum reduction of P0.85 per liter.Last week, oil companies also rolled back its pump prices.Gasoline prices - Down 0.75 by P per literFinal price adjustments next week will be announced by oil companies on Monday and would be implemented by Tuesday next week.

The rate of increase in the average prices of consumer goods and services typically purchased by Filipinos rose slightly to... The Private Sector Advisory Council has teamed up with the SM Group, online job platform JobStreet by SEEK and business groups in a bid to open up more job opportunities and help address the job skills mismatch in...

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