Che Sulit

Broadcast Journalist for @bncdotph |
📩 [email protected]

[Che Sulit @CheSulit]

JUST IN: The Bangko Sentral ng Pilipinas projects the May 26 inflation rate may settle between 7.1% to 7.9% driven by rising prices of rice, vegetables and meat.

The April 2026 inflation rate soared to a three-year high of 7.2%.

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[Che Sulit @CheSulit]

A yellow alert is raised when the power supply operating margin falls below the transmission grid’s required contingency level.

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[Che Sulit @CheSulit]

JUST IN: The yellow alert over the Visayas grid has been extended from 2 p.m. to 10 p.m. following the outage of the Panay Energy Development Corp. Unit 2 coal-fired power plant, the National Grid Corporation of the Philippines reports.

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[Che Sulit @CheSulit]

JUST IN: The DOE announces an oil price hike for gasoline and diesel this week.

The agency also reports a lower inventory for the country's oil supply at a total of approximately 46 days.

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[Che Sulit @CheSulit]

A yellow alert is issued when operating reserves are insufficient to meet the grid’s requirement in times of emergencies.

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[Che Sulit @CheSulit]

JUST IN: The NGCP extends the yellow alert status of the Visayas grid from 5 PM to 10 PM.

It says the extension of the yellow alert is due to the significant increase in demand.

[Che Sulit @CheSulit]

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[Che Sulit @CheSulit]

LOOK: The Department of Energy (DOE) urges the National Grid Corporation of the Philippines to provide a full disclosure of the tripping of the transmission lines at the Ilijan power complex in Batangas.

The DOE says the NGCP failed to promptly declare and report the line trip.

[Che Sulit @CheSulit]

The distribution utility says the lower rate is driven by accelerated refunds, which have led to higher refund rates, the implementation of VAT exemption on indigenous natural gas, the suspension of GEA-All, and a slight reduction in transmission charges.

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[Che Sulit @CheSulit]

JUST IN: Meralco announces a Php 0.0151/kWh rate cut for the May billing period.

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[Che Sulit @CheSulit]

LOOK: The Department of Energy releases the final fuel price adjustments, effective tomorrow (May 12).

Please be advised of the following:

Diesel: Php 9.57/L ⬇️
Kerosene: Php 13.30/L ⬇️

Gasoline: Php 0.47/L ⬆️
LPG: Php 1.22/kg ⬆️

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[Che Sulit @CheSulit]

The BSP ensures it will take the necessary steps to contain the country’s inflation and maintain the price stability of goods and services.

The headline inflation for April 2026 quickened to 7.2%, way above the BSP’s forecast range of 5.6% to 6.4%.

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[Che Sulit @CheSulit]

JUST IN: The Bangko Sentral ng Pilipinas (BSP) warns that inflation may breach the 3% tolerance target due to the ongoing tensions in the Middle East, with oil and fertilizer prices continuously rising.

[Che Sulit @CheSulit]

BREAKING: Inflation rises to 7.2% for April 2026 according to the Philippine Statistics Authority.

Main drivers of the acceleration are food, transport, and housing costs.

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[Che Sulit @CheSulit]

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[Che Sulit @CheSulit]

JUST IN: Inflation is expected to hit 5.6% to 6.4% in April, according to the Bangko Sentral ng Pilipinas.

The increase is driven by higher fuel costs, rising prices of rice, fish, and meat, increased electricity rates, and a weaker peso.

[Che Sulit @CheSulit]

WATCH: The Bangko Sentral ng Pilipinas raises its Target Reverse Repurchase (RRP) by 25 basis points to 4.5 percent during the monetary policy board meeting.

The BSP says the inflation outlook has worsened due to the ongoing conflict in the Middle East.

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[Che Sulit @CheSulit]

LOOK: The Department of Agriculture announces the reactivation of the food lane program, granting a 100% free toll fee for agricultural trucks.

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[Che Sulit @CheSulit]

UPDATE: Overseas Workers Welfare Administration chief Atty. Patricia Yvonne Canuan signs an augmented ‘Balik Pinas, Balik Hanapbuhay’ program to strengthen reintegration assistance for repatriated OFWs affected by the ongoing tensions in the Middle East.

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[Che Sulit @CheSulit]

JUST IN: Motorists may see another rollback next week, based on full-week MOPS data:

Gasoline 95: ₱4.349/L ⬇️
Gasoline 92: ₱3.679/L ⬇️
Kerosene: ₱3.160/L ⬇️
Diesel: ₱19.910/L ⬇️

Note: excl. market premium costs, which could trim the cuts.

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