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AS MIDEAST TENSION THREATENS GLOBAL OIL SUPPLY
March 03, 2026
|malaya Business Insight
Marcos orders stable oil, consumer goods supply
PRESIDENT Ferdinand Marcos Jr. has instructed government agencies to prevent price gouging and ensure stable supply of fuel and basic commodities as the Middle East conflict escalates, Malacafiang said on Monday.
Palace Press Officer Claire Castro said the Department of Trade and Industry (DTI) is monitoring the prices of basic goods to prevent profiteering, while the Department of Energy (DOE) has called an emergency meeting with oil companies to ensure stable supply and prices.
“The president has already instructed various agencies to prevent abuses, especially the DTI,” Castro said when asked if measures were in place to avert sudden price increases.
Castro said Energy Secretary Sharon Garin met with oil firms on Monday to assess the conflict’s impact on local prices and supply and to ensure stability.
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malaya Business Insight
EMILY SY TRANSFORMS RUNWAYS OF MILAN AND PARIS INTO A CELEBRATION OF REAL WOMEN
IN the heart of the world's fashion capitals, Milan on March 1 and Paris on March 7, designer Emily Sy unveiled more than a collection-she presented a powerful narrative of modern femininity, diversity, and empowerment.
1 mins
March 18, 2026
malaya Business Insight
Espionage operations of China in PH 'worrisome'
IN the wake of the discovery of a spy ring in government agencies, Defense Secretary Gilberto Teodoro Jr. on Tuesday described as “worrisome” the espionage operations of China in the country.
1 mins
March 18, 2026
malaya Business Insight
Advance women's interests, BBM tells legislators
PRESIDENT Ferdinand Marcos Jr. on Tuesday urged female legislators in the country to continue advancing the interests of women, saying that many women and girls continue to wait for the “promise of opportunity which remains distant due to poverty, violence, and traditions” that deny them their rights.
1 mins
March 18, 2026
malaya Business Insight
Oscar-winner Sean Penn skips ceremony, takes train to Ukraine
Film star Sean Penn stepped out of a train carriage in central Kyiv on Monday, thousands of miles away from the glitz of Hollywood’s Dolby Theater where he had failed to turn up to receive his third acting Oscar hours earlier.
1 min
March 18, 2026
malaya Business Insight
Dollar struggles for direction as focus shifts to central bank response
THE US dollar lacked a clear direction on Tuesday as investors shifted their focus to central bank meetings, amid uncertainty about the conflict in the Middle East and the oil price outlook.
1 mins
March 18, 2026
malaya Business Insight
PUMA brings Southeast Asia in Bangkok for H-Street launch
GLOBAL sports brand PUMA has launched Southeast Asia's firstever PUMA House on H-Street in Bangkok, marking the return of the iconic H-Street silhouette in 2026.
1 mins
March 18, 2026
malaya Business Insight
Oil prices jump 4% after renewed Iranian attacks on UAE
Oil prices rose by about 4 percent on Tuesday, clawing back some of the previous session’s losses as Iranian attacks on the United Arab Emirates rekindled supply fears while the Strait of Hormuz remains largely shut.
2 mins
March 18, 2026
malaya Business Insight
Missed opportunity: Luistro says Sara failed to rebut impeachment allegations
VICE President Sara Duterte missed her opportunity to reply and controvert the allegations in the impeachment complaints against her when she filed what appears to be a motion to dismiss on Monday, the last day of the 10 days to file her reply, Batangas Rep. Gerville Luistro, the chairperson of the House Committee on Justice, said on Tuesday.
5 mins
March 18, 2026
malaya Business Insight
Navy, Globalport sign partnership
THE Philippine Navy and Globalport Terminals Inc. (GTI) have signed a Memorandum of Agreement (MOA), establishing Globalport as an Affiliated Reserve Unit (ARU) of the Armed Forces of the Philippines that further strengthened cooperation between the military and the private maritime sector.
1 mins
March 18, 2026
malaya Business Insight
TM turns 25 with SB19 party
TELECOMMUNICATIONS brand TM marks its 25th anniversary with expanded offers rewards and community-driven activities aimed at giving back to millions of Filipino subscribers nationwide.
1 min
March 18, 2026
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