Senator Loren Legarda has called on Malacañang to take a clear stand on the suspension of value-added tax (VAT) on fuel, noting that there are now many pending bills filed to suspend it but there is still no word of assurance from the Palace yet. On Wednesday, April 15, Legarda filed Senate Bill...
Malacañang has assured that it will focus on addressing the classroom backlog by ensuring on-time fund releases to local government units (LGUs). In a meeting, Executive Secretary Ralph Recto assured Senator Bam Aquino of the timely and faster disbursement of funds to LGUs for classroom...
Senator Paolo “Bam” Aquino IV on Wednesday, April 8 called on the government to ensure that the country’s food security won’t be at risk amid soaring fuel costs and rising inflation. Aquino emphasized the need for immediate government action on food security during the Senate Committee...
A bill seeking to classify gasoline, diesel and other petroleum products as basic necessities, making them under the government’s price control mechanism has been filed in the Senate. Sen. Paolo “Bam” Aquino IV filed Senate Bill No. 2011, saying the proposed law will address the gap in...
Senator Bam Aquino has renewed his call for the government to formally declare a price freeze on basic commodities and essential goods, stating that this would help shield the public from the impact of surging oil prices driven by the Middle East crisis. “Mag-price freeze na sila. Mula noong...
The government should consider suspending or reducing the value added tax (VAT) on fuel products as this can provide immediate and substantial relief to Filipinos burdened by the ongoing oil crisis, Senator Paolo “Bam” Aquino IV said. Aquino made the call during the Proactive Response and...
Oil industries expressed support for the removal of the 12 percent value-added tax (VAT) on petroleum products at the point of importation, saying the move would be easier to implement and would directly lower pump prices. During the second organization meeting of the Senate Proactive Response and...
Some senators on Wednesday, March 25 finally heaved a sigh of relief after President Ferdinand “Bongbong” Marcos Jr. finally declared a state of national energy emergency for the Philippines in light of the ongoing oil crisis. “I welcome the President’s declaration of a state of national...
The Department of Energy (DOE) has debunked reports there could be widespread brownouts this year due to the ongoing oil crisis brought about by the conflict in the Middle East. DOE Undersecretary Felix “Wimpy” Fuentebella made the assurance during the Senate’s hearing on the Proactive...
Senator Paolo "Bam" Aquino IV has expressed his support for a declaration of a state of national emergency to help curb the increasing prices of basic commodities. Aquino noted that the country is already at crisis level due to the sharp increase in oil costs amid the Middle East conflict....
Senator Paolo “Bam” Aquino IV pushed on Friday, March 20 for a more targeted and immediate government assistance for micro, small and medium enterprises (MSMEs) and vulnerable segments of the middle class affected by the impact of the Middle East conflict. Aquino noted that minimum wage earners...
Senator Paolo "Bam" Aquino IV stressed on Monday, March 16 the need for better and immediate reporting of bullying cases in schools amid data showing underreporting, with zero cases being cited for good performance. During the hearing of the Senate Committee on Basic Education, data from the...
