The Land Transportation Franchising and Regulatory Board (LTFRB) is planning to set up help desks in as many participating gas stations as the government’s P10 per liter subsidy started on Tuesday, April 14. And when that happens, the Philippine National Police (PNP) also wants to make its...
Caloocan City 2nd district Rep. Edgar "Egay" Erice has filed a measure that would limit prices of diesel to a maximum of ₱70 per liter, as part of possible legislative responses to elevated pump fuel prices in the country. Dubbed as the proposed Diesel Cap Act, the measure was patterned after...
The Maharlika Investment Corp. (MIC) is shifting its strategy for the Philippines’ planned strategic petroleum reserve, opting to finance storage infrastructure rather than purchasing fuel to avoid exposure to volatile global commodity prices. Rafael D. Consing Jr., MIC president and chief...
Senator Joel Villanueva on Wednesday, April 15 welcomed the Department of Transportation (DOTr) and the Land Transportation Franchising and Regulatory Board (LTFRB) for its decision not to make the use of GPS a compulsory requirement for public utility vehicle (PUV) drivers participating in the...
After months of relentless fuel price hikes, the recent rollbacks, most notably the more than ₱20-per-liter cut in diesel, offer a much-needed breather for Filipino motorists. The accompanying reductions in gasoline and kerosene prices, along with the government’s move to slash excise taxes on...
DAVAO CITY – To help cushion the impact of the ongoing oil crisis, the municipality of Hagonoy in Davao del Sur will implement “No Movement Sunday” aimed at conserving fuel. Mayor Jesus Dureza Jr. explained that the measure encourages residents to refrain from unnecessary travel on Sundays,...
Drivers and operators of diesel-fed public utility vehicles (PUVs) will stand to benefit more from the additional fuel subsidy program than the cancellation of the excise tax on fuel, the Land Transportation and Franchising Regulatory Board (LTFRB) said. The additional fuel subsidy approved by...
Apart from the P4,000 payout previously provided, the Manila local government will distribute another P4.9 million worth of fuel assistance to jeepney drivers participating in its Libreng Sakay Program. Manila Mayor Francisco “Isko Moreno” Domagoso said the assistance will be in the form of...
Senate President Pro Tempore Panfilo "Ping" Lacson pressed the government on Tuesday, April 14 to explore more "targeted" interventions—including a potential fuel subsidy mechanism—to shield Filipinos from the cooling effects of the Middle East conflict on global oil prices. In an interview,...
Amid the fuel crisis due to the war in the Middle East, the Department of Environment and Natural Resources (DENR) on Tuesday, April 14, simultaneously rolled out DENR’s “Permitting on Wheels” across the country to bring their services closer to the public, especially to micro, small, and...
Transport organizations are divided over the nationwide strike set for April 15 to 17, with Pagkakaisa ng mga Samahan ng Tsuper at Opereytor Nationwide (PISTON) confirming its participation while other groups pursue dialogue with the government on rising fuel costs. Mody Floranda, president of...
The expected lifting or reduction of excise taxes on petroleum products must take effect swiftly, or right after President Marcos greenlights it via an executive order (EO). Marikina City 2nd district Rep. Miro Quimbo, presiding officer of the Legislative Energy Action Development (LEAD) Council,...
