Albay 2nd district Rep. Joey Salceda would rather look a the bright side amid the Philippines' rather depressing 8.1 percent inflation rate for December 2022, which pushes the whole year average to 5.8 percent. Albay 2nd district Rep. Joey Salceda (Facebook) “There is good reason to believe that...
The first week of the year 2023 will start squeezing the pockets of consumers as gasoline prices will rise by P2.90 per liter, while diesel prices will also increase by P2.10 per liter, as announced by the oil companies. Additionally, the price of kerosene, which is a commodity essential for...
Hefty oil price hikes will greet consumers at the domestic pumps in the New Year, as the cost of fuel commodities will rise by Tuesday, Jan. 3, according to the oil companies. Based on the calculation of the industry players, the initial salvo of price escalations for 2023 had been estimated at...
Motorists filling up their vehicles with diesel will gain very slight relief in their fuel budgets this week as the price of this commodity will be reduced by a very marginal P0.20 per liter, according to the pricing adjustment advisories of the oil companies. Conversely, the price of gasoline...
ZAMBOANGA CITY – Authorities seized P832,000 worth of suspected smuggled petroleum and arrested three persons during a seaborne patrol operation in the sea of Barangay Mauboh, Patikul, Sulu on Tuesday, Dec. 20. The Sulu Maritime Police Station and Patikul Municipal Police Station received a tip...
Bad news for motorists using diesel on their vehicles as the cost of this fuel commodity will rise by P2.90 per liter, substantially higher than the earlier-calculated adjustment due to higher freight costs, according to the oil companies. For gasoline products, the price hike would be P0.70 per...
Agents of the Bureau of Customs (BOC) at the Ninoy Aquino International Airport (NAIA)have intercepted almost P4 million worth of illegal drugs in an anti-smuggling operation at the Central Mail Exchange Center (CMEC). In a statement, the BOC said the illegal drugs were hidden inside four air...
Surigao del Sur 2nd district Rep. Johnny Pimentel has identified a potential fund source for the Maharlika Wealth Fund (MWF) that's literally under the sea. (Tom Barrett/ Unsplash According to Pimentel, all future national government royalties from forthcoming offshore natural gas projects in the...
As global oil prices plunge, Filipino consumers can expect hefty price rollback across fuel commodities next week. Based on the calculation of the industry players, the price of diesel will be trimmed by P3.30 to P3.60 per liter, while gasoline prices will go down by P1.80 to P2.10 per liter. d...
Motorists can feast on another round of lower pump prices this week, as the price of gasoline prices had been reduced by P1.95 per liter; while diesel prices were cut by P1.90 per liter. For kerosene, which is another essential commodity having weekly price adjustments, its price had been trimmed...
The Philippines needs the oil resources it can get from the West Philippine Sea (WPS) now more than China, President Ferdinand “Bongbong” Marcos Jr. said. President Ferdinand 'Bongbong' Marcos Jr. (RTVM Screenshot) Marcos stated this as he revealed that the national government is finding other...
Happy days are back for consumers filling up their vehicles with diesel products, as this commodity will be on price rollback of P3.95 per liter by Tuesday, Nov. 29. Gasoline products, on the other, had been reduced by P0.85 per liter while kerosene prices had been slashed by P2.65 per liter, based...
