subsidies

Oil shocks risk further erosion of Filipinos’ purchasing power

March 10, 2026

Many Filipinos’ meager incomes will not keep pace with the rising cost of living driven by higher fuel prices.

Global crude prices move closely with local diesel and gasoline prices

March 10, 2026

We are heavily dependent on imported oil, so global crude prices move closely with local diesel and gasoline prices.

1.3M jobs lost: Fall in number of employed bursts full recovery hype bubble

June 11, 2022

The incoming finance secretary claims that the economy is on its way to full recovery, but the over one million drop in employed persons in April 2022 proves otherwise.