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Monday, May 11, 2026

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Philippine Economy

OceanaGold Boosts PH Gold Reserves

OceanaGold (Philippines), Inc. (OGP) has sold approximately 6,684 ounces of gold doré—or 31% of its 2025 annual gold production—to the Bangko Sentral ng Pilipinas...

RSA revives offer to sell Petron to gov’t amid energy concerns

Ramon S. Ang on Friday renewed his standing offer to sell Petron Corporation to the government, as discussions resurface on placing the country’s sole...

Exporters urge VAT cut on fuel, power amid Middle East tensions

Exporters are urging the government to consider reducing the 12-percent value-added tax (VAT) on fuel and electricity as escalating tensions in the Middle East...

FIRING LINE: Oil shock! Look out for opportunism

By Robert B. Roque, Jr. The war in the Middle East may be out of Manila’s hands, but what happens at the gas stations here...

Biz leader urges fuel tax suspension to aid MSMEs

A veteran Philippine business leader is urging the government to temporarily suspend fuel excise taxes to cushion the impact of rising oil prices on...

PH water security at risk despite ample supply, PIDS warns

Despite having abundant freshwater resources on paper, the Philippines is facing a deepening water security crisis driven by weak service delivery, fragmented governance, and...

FIRING LINE | Why the Iran war is a very Pinoy problem

By Robert B. Roque Jr. While there is a sense of relief that the people of Iran may be driving toward freedom and change from...

PH not in crisis, says economist at UK-PH forum

“The Philippines is not in a crisis,” said Alvin Arogo, First Vice President and Economist of Philippine National Bank, setting the tone for the...

PH exports surge 20% in 2025, lifting industries and job creation

Philippine exports closed 2025 on a strong note, posting sustained double-digit growth in the final quarter and signaling renewed momentum for local industries, job...

PH economy seen on steady growth path through 2026

The Philippine economy is expected to sustain steady growth through 2026, supported by resilient domestic demand, infrastructure spending, and continued expansion of the services...

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