http://www.gmanetwork.com/news/money/ GMA News Online RSS Feed - Money Section en-us Copyright 2026 GMA Network and www.gmanetwork.com/news. Unauthorized use and/or duplication of this material without express and written permission from this site's owner is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given to GMA Network and GMA News Online with appropriate and specific direction to the original content. Sun, 02 Aug 2026 18:50:39 +0800 tag:gmanetwork.com:news_story-997082 https://www.gmanetwork.com/news/money/economy/997082/p800k-worth-of-davao-fresh-produce-shipped-to-saudi-arabia-da/story/
The Department of Agriculture Regional Field Office 11 (DA-RFO 11) has shipped 17.2 metric tons of fresh produce worth about P800,000 to Saudi Arabia, marking another boost for the Davao Region's agribusiness sector.]]> Sun, 02 Aug 2026 15:03:29 +0800 ]]> tag:gmanetwork.com:news_story-997067 https://www.gmanetwork.com/news/money/companies/997067/meralco-refund-9-5-billion-erc/story/
The Manila Electric Company (Meralco) was directed by the Energy Regulatory Commission (ERC) to refund P9.5 billion to its customers.]]> Sun, 02 Aug 2026 12:49:51 +0800 ]]> tag:gmanetwork.com:news_story-997062 https://www.gmanetwork.com/news/money/economy/997062/p85-wage-hike-tro-suspended-explainer/story/
The implementation of the ₱85 wage hike in Metro Manila, which was supposed to take effect on July 25, will not push through for now. Why was it suspended? ]]> Sun, 02 Aug 2026 11:54:23 +0800 ]]> tag:gmanetwork.com:news_story-997051 https://www.gmanetwork.com/news/money/companies/997051/petron-gasul-lpg-price-up-by-p3-kg-aug-1-gasoline-diesel-rollback-seen/story/
The price of liquefied petroleum gas of Petron Gasul went up by P3 per kilogram on Saturday, August 1. Meanwhile, a rollback in the prices of diesel and gasoline may be expected next week, an oil industry source said.]]> Sun, 02 Aug 2026 08:56:14 +0800 ]]> tag:gmanetwork.com:news_story-997000 https://www.gmanetwork.com/news/money/economy/997000/ltfrb-to-meet-with-transport-groups-on-monday-to-discuss-fare-hike-petitions/story/
The Land Transportation Franchising and Regulatory Board is said to meet with transport groups on Monday to discuss their petitions for a fare hike amid rising fuel costs. ]]> Sat, 01 Aug 2026 13:46:42 +0800 ]]> tag:gmanetwork.com:news_story-996994 https://www.gmanetwork.com/news/money/economy/996994/valenzuela-to-provide-p1-000-subsidy-for-drivers/story/
The local government of Valenzuela City announced on Saturday that it will provide public utility vehicle drivers with a P 1,000 fuel subsidy amid the rising cost of pump prices. ]]> Sat, 01 Aug 2026 12:00:59 +0800 ]]> tag:gmanetwork.com:news_story-996968 https://www.gmanetwork.com/news/money/economy/996968/explainer-why-red-sea-tensions-threaten-to-further-raise-global-fuel-prices/story/
Fuel prices have already reached record highs in the past few months since the United States and Israel"s attacks prompted Iran to close the Strait of Hormuz, but a new threat is emerging which may worsen the global oil crisis. ]]> Sat, 01 Aug 2026 06:34:40 +0800 ]]> tag:gmanetwork.com:news_story-996963 https://www.gmanetwork.com/news/money/economy/996963/oil-price-rises-after-iran-says-it-stops-ships-in-hormuz/story/
Oil prices rose on Friday after Iran said it had stopped two vessels seeking to exit the Strait of Hormuz, underscoring concerns over global energy supplies following a drone attack on ships in a Mediterranean Egyptian port this week.]]> Sat, 01 Aug 2026 01:30:07 +0800 ]]> tag:gmanetwork.com:news_story-996950 https://www.gmanetwork.com/news/money/economy/996950/explainer-is-the-philippines-record-p19-trillion-debt-a-cause-for-concern/story/
While the figure may sound alarming, a growing national debt is not automatically a bad thing. What matters is why the government is borrowing, how the money is spent, and whether it can continue paying its obligations. What is government debt? ]]> Fri, 31 Jul 2026 23:05:47 +0800 ]]> tag:gmanetwork.com:news_story-996941 https://www.gmanetwork.com/news/money/companies/996941/employers-must-pay-wage-hike-before-tro-dole-says/story/
The Department of Labor and Employment (DOLE) said Friday that employers must pay their employees according to the approved minimum wage hike that was earned before the Pasig Regional Trial Court"s issuance of a temporary restraining order (TRO).]]> Fri, 31 Jul 2026 22:21:00 +0800 ]]> tag:gmanetwork.com:news_story-996933 https://www.gmanetwork.com/news/money/companies/996933/filinvest-s-fdc-misamis-power-to-supply-20mw-to-corenergy-s-contestable-users/story/
FDC Misamis Power Corp, a member of Filinvest Group, on Friday announced it has signed a power supply agreement with Vivant Energy"s retail electricity arm COREnergy to support the latter"s supply requirements for its contestable customers.]]> Fri, 31 Jul 2026 21:42:26 +0800 ]]> tag:gmanetwork.com:news_story-996919 https://www.gmanetwork.com/news/money/economy/996919/peso-gains-against-us-dollar-closes-week-at-p61-24-1/story/
The Philippine peso ended the week stronger on Friday as the US dollar weakened against major Asian currencies. ]]> Fri, 31 Jul 2026 19:54:42 +0800 ]]> tag:gmanetwork.com:news_story-996892 https://www.gmanetwork.com/news/money/companies/996892/doubledragon-to-sponsor-s-300-m-singapore-hospitality-reit-for-hotel101/story/
DoubleDragon Corp. on Friday announced the creation of a Singapore-based special purpose vehicle (SPV) that it will sponsor as a S$300-million real estate investment trust (REIT), aimed at unlocking recurring revenues from its Hotel101 developments. ]]> Fri, 31 Jul 2026 17:22:22 +0800 ]]> tag:gmanetwork.com:news_story-996895 https://www.gmanetwork.com/news/money/motoring/996895/marcos-issues-eo-to-boost-e-vehicle-manufacturing-in-ph/story/
President Ferdinand Marcos Jr. has signed an order establishing the Electric Vehicle Incentive Strategy (EVIS) Program to boost local manufacturing of electric vehicles (EVs) and attract investments through fiscal incentives.]]> Fri, 31 Jul 2026 17:09:11 +0800 ]]> tag:gmanetwork.com:news_story-996870 https://www.gmanetwork.com/news/money/companies/996870/metrobank-s-first-half-2026-net-income-reaches-p24-9b/story/
The Metropolitan Bank & Trust Co. (Metrobank) on Friday posted a slight increase in its net income for the first six months of the year, as net interest income and operating costs both posted double-digit growth during the period. ]]> Fri, 31 Jul 2026 14:18:23 +0800 ]]>