The renewed tensions in the Middle East have once again sent tremors through the global oil market. For an import-dependent country like the Philippines, such geopolitical shocks are felt almost immediately at the fuel pump, and soon after, in the prices of food, transport, and other basic goods....
UNDER THE MICROSCOPE The moment the USA and Israel attacked Iran, it was a foregone conclusion that oil prices will go through the roof, so to speak. The closure of the Strait of Hormuz means there will be little or no oil and natural gas transported, and that will spark a looming energy shortage....
Vice President Sara Duterte reaffirmed in Digos City on Monday, March 16, that the Office of the Vice President is ready to extend assistance to Filipinos affected by the conflict in the Middle East and increase in fuel and commodity prices. Duterte expressed solidarity with overseas Filipino...
The Department of Education (DepEd) on Monday, March 16, announced that it has promoted 3,325 teachers and school heads in Cebu province, marking a major step in addressing long-standing career stagnation among public school educators. The mass promotion ceremony was held at the IEC Convention...
More than 20,000 affordable housing units across Central Luzon will be made available to aspiring homeowners during the Pag-IBIG Regional Housing Fair for Central Luzon, to be held on March 18 and 19 in Pampanga, including homes with monthly payments as low as ₱3,411 under the government’s...
President Marcos has outlined a series of government interventions aimed at easing the impact of surging oil prices triggered by the ongoing conflict in the Middle East. In a video message on Monday, March 16, the President said the government began implementing measures last week to reduce the...
President Marcos has encouraged newly-promoted teachers in Cebu to continue being an example to educators around the world and teach with skill and compassion. "I encourage everyone to continue serving as an example to educators around the world. Lead with empathy. Teach with skill and compassion....
The House of Representatives overwhelmingly passed on third and final reading on Monday afternoon, March 16 the bill granting President Marcos the authority to temporarily suspend or reduce excise tax on fuel products during national or global economic emergencies. Embodied in House Bill (HB) No....
The Senate has approved on third and final reading the bill seeking to protect overseas Filipino workers’ (OFWs) remittances by requiring transparency in fees and foreign exchange rates. Sen. Joel Villanueva, sponsor of Senate Bill No. 1917, otherwise known as the Overseas Filipino Workers’...
The Department of Education (DepEd) on Monday, March 16, turned over disaster-resilient Learning Continuity Spaces (LCS) in parts of Cebu and Masbate as part of the government’s push to restore schooling in areas affected by recent calamities. In a statement, DepEd said the initiative, led by...
The Marcos administration fell short of its borrowing target for the second consecutive week as the Bureau of the Treasury resisted demands from investors for higher yields, which have climbed to their highest levels in three months. The Treasury bureau awarded ₱19.2 billion of short-dated debt...
Marikina City Mayor Maan Teodoro announced the launch of the "Padyak Papasok: Bike to Work Marikina” initiative on Monday, March 16, to promote active mobility and energy conservation, particularly fuel, as the country continues to grapple with the significant hike in fuel prices due to the...
