The purchasing power of Filipino motorists will be on another round of assault, as pump prices are expected to rise again at the gasoline stations next week, based on the calculation of the oil companies. According to the industry players, the price of gasoline will rise by P0.10 to P0.50 per...
Oil companies will implement another round of massive price hikes with gasoline prices anticipated to rise P1.60 to P2.00 per liter. Diesel users will also brace for a fresh increase of P1.15 to P1.45 per liter while kerosene prices will have a heftier upswing of P2.00 to P2.40 per liter. The...
The Department of Education (DepEd) is seeking advice from third-party consultants regarding proper salary adjustments for teachers, DepEd Undersecretary Michael Wesley Poa said in a press briefing on Tuesday, July 11. "DepEd alone cannot really just unilaterally change or increase the salaries....
On top of the double whammy of rotational brownouts and scorching heat, consumers of Manila Electric Company (Meralco) will be distressed with additional financial burden as its rates will go up by P0.1761 per kilowatt hour (kWh) in this May billing. For roughly 70-percent of the utility firm’s...
The recurring spikes in prices at the Wholesale Electricity Spot Market (WESM) will drive up the electricity rates that will be passed on to roughly 7.5 million customers of Manila Electric Company (Meralco) in their May billing cycle. According to Meralco Vice President and Head of Corporate...
The national government should prepare for a potential increase in domestic oil prices after global prices surged on Monday following Saudi Arabia and other OPEC+oil producers' decision to further reduce oil output by 1.16 million barrels per day, Sen. Sherwin Gatchalian said on Tuesday, April 4....
Malacañang has ordered the Philippine Health Insurance Corp. (PhilHealth) to defer the increase of premium rate and income ceiling that was slated this year, saying Filipinos are still struggling from the effects of the Covid-19 pandemic. Citing "difficult times" and challenges caused by the...
The Insurance Commission must suspend the implementation of its Circular Letter No. 2022-34, which seeks to increase the insurance premium rates on catastrophes such as typhoons, floods and earthquakes. (Bernard Hermant/ Unsplash) AGRI Party-list Rep. Wilbert T. Lee reiterated this call Sunday,...
Trade and Industry Secretary Alfredo E. Pascual gave an assurance that prices on basic necessities and prime commodities (BNPCs) will not be increased during this Christmas season, but by early next year yet. Pascual made this assurance on Thursday, Dec. 1, after meeting the National Price...
Noting the possibility of more price hikes in the coming weeks, Albay 2nd district Rep. Joey Salceda pleaded to the outgoing Duterte administration to hasten the release of still undistributed subsidies meant for poor Filipinos. Albay 2nd district Rep. Joey Salceda (Facebook) Salceda was...
Senator Grace Poe on Tuesday, June 7 said months of sluggish government response has pushed the oil-hit transportation sector to the edge. Poe issued the statement as a number of public utility vehicle (PUV) drivers and operators are set to stage a widescale transportation strike should the problem...
Independent presidential candidate Senator Panfilo "Ping" Lacson believes that the salary rates of workers must automatically increase congruent with the price adjustments of basic commodities, which often occur whenever the value of oil products goes up. Lacson underscored this message during a...
