Davao Oil Crisis Threatens Local Business Operations and Jobs
Fuel crisis batters Davao businesses
DCCCII warns rising oil prices push costs up to 40%, urges urgent relief measures
Rising fuel prices are pushing operational costs up 40% for Davao businesses, according to the Davao Chamber of Commerce and Industry. The fuel shortage is battering local companies across sectors, prompting urgent calls for government relief measures. Business leaders warn the crisis threatens economic stability and employment in the region.
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