The Coalition of Filipino Commuters (PasaHero), a commuter group, said on Wednesday, March 25, that the suspension of the planned fare hike helped ease the burden on the riding public. They said it prevents further strain on daily transportation expenses amid the continuing rise in fuel costs...
The Philippines’ most influential business groups are calling on the Marcos administration to ensure the “well-calibrated” execution of a newly declared state of national energy emergency, warning that the policy’s success hinges on transparent implementation rather than mere bureaucracy....
Having ample fuel inventory is one thing, but paying for it is another. While energy officials tout procurement that stretches into May, the reality at the gas pump remains grim as another round of price hikes is expected next week. Based on the two-day trading average at Mean of Platts Singapore...
To cushion Filipinos from surging pump prices and fuel shortages caused by ongoing Middle East tensions, the Department of Budget and Management (DBM) approved the release of ₱20 billion to the Department of Energy (DOE). “The move comes amid escalating geopolitical tensions in the Middle East...
President Marcos said there is a possibility of grounding flights due to the lack of jet fuel amid the ongoing impacts of the conflict in the Middle East. Although Marcos hopes that it will not happen, it would be a possibility, he said in an interview with Bloomberg. "We are hoping not, but that...
Department of Foreign Affairs (DFA) Secretary Ma. Theresa Lazaro said she "would not consider that neutrality" that the Philippines is not taking any stand or any side in the Middle East conflict as the government right now is only prioritizing the welfare of Filipinos in the affected countries. At...
The Armed Forces of the Philippines (AFP) said Wednesday, March 25, that it placed troops on standby for possible deployment to protect key facilities and assist in logistics after President Marcos Jr. declared a State of National Energy Emergency. While the military holds no seat on the primary...
President Marcos said war is “never in the national interest” of the Philippines as he expressed hope for the swift end of the ongoing conflict in the Middle East. “It certainly was unexpected, and we never want war,” Marcos said when asked in an interview with Bloomberg if he supports the...
Senator Imee Marcos raised concerns over the government’s preparedness, warning that the country may be leaning too heavily on short-term relief instead of pursuing a clear energy strategy. "Having taken a month to realize that war had broken out and nothing was 'normal ' after all,...
Gen. Jose Melencio C. Nartatez, Jr., chief of the Philippine National Police (PNP), has ordered intensified security measures in key energy facilities after President Marcos declared a national energy emergency as a result of the Middle East tensions. “We in the Philippine National Police will...
President Marcos and Japanese Prime Minister Takaichi Sanae agreed to work closely for the early de-escalation of tensions in the Middle East, with particular focus on ensuring safe navigation in the Strait of Hormuz. The agreement was reached during a 20-minute telephone meeting on March 24,...
Senator Loren Legarda, on Tuesday, March 24, expressed frustration with the Department of Energy (DOE) over its reasoning in being unable to secure congressional approval for the use of supplemental funds by the Philippine National Oil Company (PNOC). During the first organizational meeting of the...