TODAY'S BUSINESS HEADLINES

G20 nations warn of Brexit risk to global growth 24-Jul-16, 4:25 PM | Agence France-Presse

Tiger Resort investing nearly $3B for 1st phase of Okada Manila 20-Jul-16, 4:23 PM | Beverly Natividad, Bloomberg TV Philippines

Court of Appeals junks Globe's plea to stop PCC review of SMC deal 23-Jul-16, 7:30 AM | Jose Bimbo F. Santos, InterAksyon.com

Philippines' oil still in troubled waters after South China Sea ruling 22-Jul-16, 7:34 PM | Enrico Dela Cruz, Reuters

Fuel prices increase across the board

InterAksyon.com means BUSINESS

MANILA - (UPDATED 11:57 p.m.) Fuel prices will increase across the board tomorrow morning.

In a text message, Pilipinas Shell Petroleum Corp led off the increase in prices as follows:

-- P0.90 a liter, unleaded and premium gasoline;

-- P0.95 a liter, regular gasoline;

-- P0.35 a liter, diesel; and

-- P0.45 a liter, kerosene.

Shell said the increase will take effect on 6 a.m. of January 29.

Petron Corp followed suit, announcing the same price adjustments also at the same time and day.

Other oil firms have yet to announce similar adjustments as this went online, but they usually track each other's price movements since 90 percent of the country's fuel is imported.

advertisement
OTHER BUSINESS STORIES
BREAKING NEWS