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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
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
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.
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
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…