DOE assures ample oil supply, warns spike in prices
DOE assures ample supply of oil, warns of price spike
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DOE assures ample supply of oil, warns of price spike
(File photo) MANILA - The petitions for fare hike filed by the public utility jeepney drivers and operators amid the soaring fuel prices is now being deliberated, Malacanang said Monday. Cabinet Secretary Karlo Nograles, also acting presidential spokesperson, said a series of hearings will be conducted on the petitions filed in the Land Transportation Franchising and Regulatory Board (LTFRB). "May mekanismo naman po tayo tungkol diyan, in that-kung magkakaroon ba ng ganiyang mga options (We already have mechanisms on that, if we will have that kind of options), it will have to begin with ...
Malacañang said that the proposed suspension of the excise tax to address the rising price of oil in the country cannot just be implemented unless recommended by the Department of Finance (DOF) and the Development Budget Coordination Committee (DBCC). (File photo) Cabinet Secretary Karlo Nograle
The Department of Agriculture emphasized the need to boost local food production amid the ongoing conflict between Russia and Ukraine as this will lead to higher global food prices.
Russia’s Ukraine invasion puts biz leaders on edge