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September 25, 2023
AFTER more than two months of pump price increases, oil firms announced Monday they will bring down prices of their petroleum products this week. Gasoline and diesel prices will each be reduced by P0.20 per liter, while kerosene price will be slashed by P0.50 per liter. Despite the small amount of price rollback, motorists welcomed
September 19, 2023
Local pump prices may continue to increase until December this year, and there is no immediate measure—other than the government’s Pantawid Pasada Program—to help ease the impact on consumers. “An immediate solution that government can do is spend for Pantawid Pasada to support the drivers. The rest, basically, they are advised [to adopt] cost cutting
September 13, 2023
THE Land Transportation Franchising and Regulatory Board (LTFRB) will start the distribution of fuel subsidies to public vehicle operators on Wednesday, Sept. 13, 2023, to mitigate the impact of soaring petroleum prices, the board said on Tuesday.
November 18, 2022
Next year's proposed P5.268-trillion national budget has social safety nets that seek to support economic recovery amid the uncertainties brought mainly by the Russia-Ukraine conflict and the COVID-19 pandemic, Senator Sherwin Gatchalian said on Friday, November 18. Gatchalian made the stat
November 18, 2022
SENATORS ended plenary debates on the Palace-proposed 2023 budget bill, inching closer to a final vote on the P5.268-trillion annual money measure endorsed by Malacañang to bankroll government operations next year. Adjourning their marathon deliberations past 1 a.m. Friday, the lawmakers concluded the extended session after tackling the proposed budget…
November 18, 2022
The Senate will try to approve next week the proposed P5.268-trillion General Appropriations Bill for 2023 after senators ended plenary deliberations on the Marcos administration’s first spending program after midnight Friday with some proposed amendments.
October 27, 2022
Senator Sherwin Gatchalian on Thursday, October 27 urged the Department of Energy (DOE) to put the Philippine National Oil Company (PNOC) and its subsidiaries in order and set guidance for the state-owned company amid ineffective performance of its mandate. Gatchalian noted that PNOC and its s
October 11, 2022
As wild gyration in oil prices is not likely to end soon, a legislated subsidy scheme for the country’s public transport sector is being recommended so they won’t be repeatedly placed at the mercy of picking just the ‘crumbs’ that the government would be throwing at them every time there are extreme
August 2, 2022
Caltex, Landers Superstore distribute relief goods
July 6, 2022
The National Economic and Development Authority (NEDA) raised the need to promote alternative work arrangements amid skyrocketing fuel prices, as it also urged the government to immediately address the logistical constraints in the country. In a statement, Socioeconomic Planning Secretary Arseni