Fisherfolk group Pambansang Lakas ng Kilusang Mamamalakaya ng Pilipinas (Pamalakaya) warned on Tuesday, March 31, that fish prices may further increase during Holy Week due to higher demand and rising fuel costs. In a statement, the group said the ongoing oil price shock has “drastically...
The Department of Education (DepEd) has ordered all public schools nationwide to conduct simple, low-cost graduation rites amid rising fuel costs, as nearly 3.7 million learners prepare to graduate under strict guidelines that prohibit fee collection and ensure accessible ceremonies. The directive,...
State-run Philippine National Oil Company (PNOC) is weighing the proposal of at least three investors that have been eyeing to put up an oil refinery at its property in Bataan, so it can augment the country’s fuel requirements. “We have proponents - there are investors talking to us about our...
Budgets for electricity bill payments will come heavier on the pockets of Manila Electric Company (Meralco) customers as its overall tariff had escalated by P0.4201 per kilowatt hour (kWh) in its October billing cycle to P11.8198 per kWh vis-à-vis P11.3997 per kWh last month. For its subscribers...
The Department of Energy (DOE) is batting for comprehensive review of the taxes being levied on petroleum products as well as those for electricity generation – with the end goal of scrapping taxes that are being imposed on other taxes. Energy Secretary Raphael P.M. Lotilla primarily indicated...
The Energy Regulatory Commission (ERC) has issued show-cause orders (SCOs) to 25 electric cooperatives and three private distribution utilities (DUs), mandating them to explain why they failed to justify pass-through fuel costs that they have reflected in the electricity bills of their customers....
Albay 2nd district Rep. Joey Salceda said he knows a way to save the Philippines some P1.4 billion in fuel costs everyday amid the current volatility in the world crude market. (File photo/ MANILA BULLETIN) “The situation in the global markets will take a while to stabilize. Meanwhile we are...
