Philippine Government Sets Rice Price Cap and Addresses Soaring Fuel Prices Amid Middle East Conflict
The Philippine government has set a P50 per kilo price ceiling for imported rice and is taking measures to protect consumers, as soaring fuel costs from the Middle East conflict are causing commodity price increases and impacting local livelihoods, with oil companies announcing significant price hikes for diesel and gasoline.
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Will surging fuel prices push Filipinos deeper into credit card debt?
Rising fuel costs linked to the Middle East conflict could push more Filipinos deeper into debt, analysts have warned, with one regional study describing the Philippines’ credit card burden reaching a “critical” risk level. Although credit card ownership in the Philippines remains relatively low, data indicates that cardholders appear to be using them far more intensively as living costs outpace income growth. Credit card receivables in the Philippines have been growing consistently at more t...
By Sam Beltran
Read full article →For water delivery drivers in Cebu, oil and water do mix
For small-time water delivery drivers, fuel price hikes due to the Middle East crisis mean harder work for less pay
By Aidan Bernales
Read full article →OIL PRICE WATCH as of April 1, 2026
MANILA, Philippines – Fuel prices continue to soar as the Middle East conflict escalates at the start of the Holy Week. Oil companies on Monday announced price increases for diesel (P12.50 to P12.90 per liter) and gasoline (P1 to P2.50 a liter). Below are the prevailing prices monitored and gathered by the Inquirer team asat
By ggaviola
Read full article →Palace: All measures being done to protect consumers
As the Department of Trade and Industry expects price increases in some commodities after April 15 due to the soaring fuel costs spawned by the war in the Middle East, Malacañang yesterday assured the public that the government would implement all necessary measures to cushion the impact on consumers.
By Helen Flores
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