Global supply concerns, including an unexpected drop in United States (US) crude inventories and the lingering effects of sanctions on Russia, are set to drive up diesel and kerosene prices next week, while gasoline costs may see a modest decrease. Based on the four-day Mean of Platts Singapore...
Special Assistant to the President Anton Lagdameo on Wednesday, July 24, said President Ferdinand R. Marcos Jr.’s legacy program enabled farmers to finally own the land they have been tilling for decades. “The President’s legacy program has made it possible for farmers to finally claim the...
The Department of Trade and Industry (DTI) stated that prices of basic necessities and prime commodities remain stable despite the onslaught of three successive tropical storms and the southwest monsoon. In a statement on Thursday, July 24, DTI Secretary Cristina Roque said the agency has...
Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman has assured the public that the Marcos administration has sufficient funds to address the needs of areas affected by recent flooding and the expected typhoons that may hit the country. Pangandaman said in a July 24 statement...
The agricultural damage caused by the three successive tropical storms and the southwest monsoon (habagat) has now reached ₱454.12 million, according to the latest bulletin from the Department of Agriculture (DA). The DA said the Cordillera Administrative Region, Ilocos Region, Cagayan Valley,...
The Department of Transportation (DOTr) aims to launch the pilot operations of the long-awaited bus-based transportation system in Davao City within two years. Transportation Secretary Vince Dizon said the Davao Public Transport Modernization Program (DPTMP), otherwise known as the DavaoBus...
United States (US) President Donald Trump’s move to reduce the threatened tariffs on Philippine exports by a mere one percentage point (ppt) still positions the country in a favorable light for foreign direct investments (FDIs), according to the Department of Trade and Industry (DTI). Trump said...
The Department of Transportation (DOTr) announced that pilot operations of the Cebu Bus Rapid Transit (BRT) will commence in September, nearly a decade after funding for the project was approved. Transportation Secretary Vince Dizon said the pilot run is expected to benefit up to 70,000 commuters,...
Senator Erwin Tulfo vowed to push for an investigation into flood control projects and insisted that the implementation should be handled exclusively by the national government through the Department of Public Works and Highways (DPWH), not by politicians. “I will make sure there will be an...
Department of Agriculture (DA) Secretary Francisco Tiu Laurel ordered the delivery of urgent support to farmers and fisherfolk affected by the devastating impact of Tropical Storm ”Crising” and the southwest monsoon (habagat), with damage to the sector now over ₱300 million In a statement,...
As massive floods continue to inundate parts of the country, Senator Joel Villanueva on Tuesday, July 22, urged the national government to adopt a “whole-of-government approach” and craft long-term solutions to the country’s worsening flood problem. “Nakakalungkot po na taon-taon na lang...
Department of Trade and Industry (DTI) Secretary Cristina Roque dismissed a document circulating on social media as fake that allegedly outlined the Philippines’ concessions to secure a trade agreement with the United States (US). “I want to inform the general public that I did not issue such...
