A total of 21,127 delivery riders operating in Manila are being targeted to receive the P5,000 fuel subsidy from the national government starting on Thursday, March 26, as part of its efforts in alleviating the adverse economic effects of the Middle East war in the country, particularly on the...
Department of Foreign Affairs (DFA) Secretary Ma. Theresa Lazaro said she received reports from Washington that US President Donald Trump was negotiating with Iranian leaders, which might not be known among the bureaucracy. "We 're looking at that. And we 're hoping that, if ever there...
Declaring a state of national energy emergency should not be a cause of alarm as it does not place the country in a general emergency. President Marcos said this as he justified his move to declare an energy emergency. In his public address on Wednesday, March 25, a day after signing Executive...
The Philippine electronics industry, the nation’s primary engine for trade, faces a potential “disastrous” disruption as escalating conflict in the Middle East threatens to ground cargo flights and sever just-in-time supply chains. Semiconductor and Electronics Industries in the Philippines...
There will be a sufficient supply of oil even after the 45-day worth of fuel supply in the country is used up, President Marcos said. Marcos made the assurance during a public address on Wednesday, March 25, a day after declaring a state of national energy emergency. He confidently stated that the...
Senate Deputy Majority Leader Joseph Victor “JV” Ejercito on Wednesday, March 25 said he welcomes President Ferdinand “Bongbong” Marcos Jr.’s declaration of a state of national energy emergency but the directive is already “a bit too late.” That is why Ejercito said the government...
President Marcos’ declaration of a state of national energy emergency was a timely preemptive strike against volatile global crude markets rather than a delayed reaction, according to private sector economists, who warned that Filipino consumers must still prepare for a prolonged period of...
After 26 days since the Middle East conflict, Senator Sherwin Gatchalian said that it 's "concerning" that the government still has no unified, coordinated national contingency plan to address matters related to the country 's oil supply. In a press conference on Wednesday, March 25,...
President Marcos said he might sign the bill seeking to suspend the fuel excise tax by Wednesday, March 25. In a press conference in Malacañan on Wednesday afternoon, Marcos confirmed that he has received the copy of the bill. "Natapos na ang kanilang pag-aaral doon sa batas na 'yan at nasa...
Gen. Jose Melencio C. Nartatez, Jr., chief of the Philippine National Police (PNP), ordered all chiefs of police and unit commanders to tighten energy and resource consumption amid rising global fuel and utility costs. But Nartatez emphasized that conservation will focus on camp operations as he...
Philippine Geothermal Production Co. (PGPC), the renewable energy arm of SM Investments Corp., is accelerating development of its domestic steam fields to buffer the Philippines from volatile global energy prices as conflict in the Middle East threatens fuel supply chains. In a briefing on Tuesday,...
Leading telecommunication companies are calling on the government to halt the introduction of new policies that could disrupt the industry while the country remains under a state of national energy emergency. The Philippine Chamber of Telecommunication Operators (PCTO) said in a statement that it...
