Businesses that demonstrate greed in times of crises--including the current phase of runaway fuel prices--will not be spared by the government. Thus, said Senator Francis "Kiko" Pangilinan, who on Black Saturday, April 4 reckoned that businessmen and traders must never profit from other people’s...
Stressing that the current fuel price crisis isn 't the Filipinos ' own doing, Cavite 2nd district Rep. Lani Mercado-Revilla says the government must take it upon itself to provide the people with immediate relief. “Hindi kasalanan ng Pilipino ang krisis na ito, pero sila ang unang...
Motorists and transport operators are bracing for another double-digit spike in fuel prices next week, as volatile shift in Middle East geopolitical rhetoric continues to rattle global energy benchmarks. Based on four days of trading under the Mean of Platts Singapore (MOPS), the regional pricing...
While there is no specific provision calling for immediate economic relief for the middle class families is stated in the report, Sen. Sherwin Gatchalian said the suspension of the excise tax, as well as the possibility of suspending the value added tax (VAT) may benefit all households. Gatchalian...
After surviving the Covid pandemic, Senate President Pro Tempore Panfilo "Ping" Lacson prays the world survives "Trump-26" or the policies, actions, and events that occurred during the second term of President Donald Trump in the year 2026. Lacson said this on Wednesday, April 1, as Filipinos...
NICOSIA, Cyprus (AP) — Skyrocketing oil and gas prices in Europe as a result of the ongoing Iran war won 't return to normal levels any time soon, even if peace is declared tomorrow, the European Union 's energy commissioner warned Tuesday. Commissioner Dan Jørgensen said although...
Marikina City 2nd district Rep. Miro Quimbo believes that the Marcos administration won 't have to incur debt to make the envisioned "Bayanihan 3" law work and provide relief to Filipinos amid the fuel price crisis. In a virtual press conference Tuesday, Quimbo was asked whether or not he...
Why not redirect excess government revenues from fuel taxes to a direct subsidy program that would help Filipinos pay their monthly electricity bills? Murang Kuryente Party-list Rep. Arthur Yap floated this suggestion even as he pointed out Tuesday, March 31 that the skyrocketing of global oil...
President Marcos announced that he has approved the recommendation to cap the price of imported well-milled rice at P50 per kilo. In a video message on Tuesday, March 31, Marcos said an executive order will be issued to formalize the price ceiling on rice. "Nagrekomenda na ang National Price...
All signs point to the crafting of a so-called "Bayanihan 3" bill in the House of Representatives--a measure that is meant to serve as a response not only to the current fuel price crisis, but also future problems that would require a whole-of-government solution. Thus, said Committee on Ways and...
Lucio Co-led grocery retailer Puregold Price Club Inc. reported an 8.8-percent improvement in consolidated net income to ₱11.3 billion in 2025 from the ₱10.4 billion earned in 2024, driven by strong topline growth complemented by better gross margins. The firm disclosed to the Philippine Stock...
Police teams will be keeping an eye on illegal fare hikes amid reports that some buses and other public utility vehicles (PUVs) are overcharging their passengers, citing rising fuel costs as the reason. PNP chief Gen. Jose Melencio C Nartatez, Jr. said the move is intended to assist the Land...
