Ride-hailing company Grab Philippines is rolling out a nationwide fuel discount program aimed at cushioning the impact of rising fuel costs on drivers and motorcycle taxi riders. In a statement on Wednesday, June 25, the company announced the launch of a fuel resilience package specifically...
At least two senators have expressed support for President Marcos ' move to extend fuel subsidies to sectors severely affected by potential oil supply disruptions in the Middle East due to escalating tensions between Israel and Iran. Senator Raffy Tulfo, who chairs the Senate Committee on...
Recognizing that the ongoing tensions between Israel and Iran would eventually hit oil prices, President Marcos said fuel subsidies will be given to those who will be heavily affected. The government, Marcos said, will replicate what it did during the Covid-19 pandemic, where fuel subsidies were...
(MANILA BULLETIN) Citing the recent pump price hikes, Makati City 2nd district Rep. Luis Campos Jr., is calling for the early release of the government’s P2.5 billion fuel cash subsidy to public transport drivers. “Assuming the conditions...
There will be mixed bag of adjustments that will greet consumers at the pumps next week, as the price of diesel and kerosene products will be on substantial rollback; while gasoline prices will have slight uptrend, based on the calculation of the oil companies. According to the estimates of the...
In an effort to mitigate the current oil prices, President Marcos wants to reduce the trigger period for fuel subsidy from three months to one month, the Department of Energy (DOE) said. In a statement, Energy Secretary Raphael P.M. Lotilla said that Malacañang wants to change the language of the...
President Marcos has ordered to reduce the trigger period in providing fuel subsidy to the transport sector. President Ferdinand 'Bongbong' Marcos Jr. presides over a sectoral meeting in Malacañang on Oct. 24, 2023. (Photo courtesy of PPA Pool/KJ Rosales) From three months, the...
A total of 128,912 operators of public utility vehicles (PUVs) have been included in the list of the beneficiaries of the fuel subsidy through a cash assistance from the national government amid the continuous increase in the prices of petroleum products in the past weeks, the Land Transportation...
After 11 weeks of financial torment at the gasoline stations, consumers can finally heave a sigh of slight relief as oil prices will be on rollback at the pumps by Tuesday (September 26), based on the calculation of the oil companies. According to the industry players, the price of diesel products...
Senator Juan Edgardo “Sonny” Angara on Friday, September 22, welcomed the Commission on Elections’ (Comelec) decision to exclude the government fuel subsidy program from the ban on spending during the election period for the 2023 barangay and Sangguniang Kabataan (SK) polls. With this,...
The Commission on Elections (Comelec) has granted the petition of the Land Transportation Franchising and Regulatory Board (LTFRB) to exempt the distribution of fuel subsidy from the spending ban for the barangay and Sangguniang Kabataan elections. The spending ban was the reason why the LTFRB...
BACOLOD CITY – The city government recently released a one-time fuel subsidy of P1,000 to tricycle drivers here to enable them to cope with oil price hikes. TRICYCLE drivers receive a one-time fuel subsidy amounting to P1,000 from the city government led by Mayor Alfredo Abelardo ‘Albee’...
