Vice President Sara Duterte on Saturday, March 7, suggested that Filipinos use bicycles or practice carpooling as one of the measures to adapt to the impact of the significant oil price hike brought about by the conflict in the Middle East. Duterte said many people are now worried about the...
CEBU CITY – Mandaue City has formed a task force that will intensify price monitoring in the city. The creation of the task force mandated to conduct regular inspections of basic commodities and ensure price stability was finalized during a special meeting of the Price Monitoring Council on...
Senator Francis “Chiz” Escudero has called on lawmakers to consider amendments to the Tax Reform for Acceleration and Inclusion (TRAIN) Law and grant the President permanent powers to deal with rising oil prices. Escudero noted that the current safeguard in the TRAIN law or Republic Act No....
At least two senators have filed the measure seeking to grant President Ferdinand “Bongbong” Marcos Jr. the authority to suspend or reduce fuel excise tax in response to the Middle East conflict. Sen. Joel Villanueva filed Senate Bill No. 1922, which authorizes the President, upon the...
Senator Francis “Chiz” Escudero on Tuesday, March 3, urged the Department of Energy (DOE) to put in place a mechanism that would help cushion the possible impact of the Middle East tension on the prices of petroleum products in the country. Escudero pointed this out as the escalating tension in...
While President Marcos gave an assurance that the Philippines has ample supply of oil amid the Middle East conflict, he bared plans to ask the Congress to grant him an authority to reduce excise tax on petroleum products should prices exceed $80 per barrel. Marcos made the statement in a press...
Senator Joseph Victor “JV” Ejercito on Monday, March 2 called on lawmakers to expedite the passage of the bill mandating the automatic suspension of excise taxes on petroleum products. Ejercito made the call in light of the ongoing conflicts in the Middle East involving the United States,...
Senators urged the government on Sunday, March 1, to help keep oil prices in check following the United States and Israel’s attack on Iran. Senator Francis “Kiko” Pangilinan said the government should exhaust all efforts at keeping oil prices at bay as geo-political tensions in the Middle...
DUMAGUETE CITY – The Department of Trade and Industry (DTI) in Negros Oriental province is conducting weekly price monitoring of commodities during the holiday season, amid a price freeze that excludes Noche Buena items, an official said on Tuesday. Krystle Jade Bato, DTI-Negros Oriental...
The Department of Public Works and Highways (DPWH) has asked the Senate to reconsider 2026 budget reductions, citing the need to apply updated construction cost data to ensure accurate project costing and proper execution. DPWH said the request focuses on securing authority to implement...
The Department of Human Settlements and Urban Development (DHSUD) and the Department of Economy, Planning and Development (DEPDEV) approved higher price ceilings for socialized housing projects to enable larger and higher-quality homes nationwide. DHSUD Secretary Jose Ramon Aliling described the...
The Malabon Central Market was inspected by the Department of Agriculture (DA) on Monday, Nov. 24, to verify that vendors were complying with the city 's price freeze currently in effect. DA Assistant Secretary Atty led the inspection. Genevieve Velicaria-Guevarra, together with Assistant...
