The financial agony of consumers will persist on their drive to the gasoline stations again next week, as pump prices will be rising for the 10th week, based on the forecast of the oil companies. As calculated by the industry players, the price of gasoline products will increase by P0.05 to P0.45...
The chain of financial distress at the oil pumps will continue for Filipino consumers, as petroleum product prices are anticipated to rise again at the pumps by Tuesday (September 5), according to the oil companies. Based on the calculation of the industry players, diesel products will increase by...
It will be another week of painful drive to petroleum stations this week as the price of diesel products will rise by P0.70 per liter; while gasoline prices will climb by P0.30 per liter, according to the price adjustment advisories of the oil companies. The industry players similarly advised that...
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...
