The interagency Fiscal Incentives Review Board (FIRB) has allowed registered business enterprises (RBEs) in economic zones and freeports to temporarily adopt work-from-home (WFH) arrangements of up to 90 percent of their workforce, following the declaration of a national energy emergency. In a...
Senator Pia Cayetano cautioned on Thursday, April 9 the Commission on Higher Education (CHED) over its policy allowing higher education institutions (HEIs) to shift to online classes a 100 percent amid the fuel and energy crisis. Cayetano made the statement after CHEd issued the new guidance...
The Philippines’ energy rationing measures, including a shortened four-day workweek for some government offices, are disproportionately hitting low-income households, raising risks of stagflation and potential social unrest, according to think tank Oxford Economics. In a report on Thursday, April...
The Commission on Higher Education (CHED) has allowed higher education institutions (HEIs) to temporarily shift to full online learning amid the declaration of national energy emergency. In a memorandum issued April 7 and signed by Chairperson Shirley Agrupis, CHED said the directive was released...
CAGAYAN DE ORO CITY – The city government on Tuesday declared a state of energy emergency and approved the release of a P400-million calamity fund. During the session, the city council approved Resolution No. 2026-203 to help various sectors cope with the ongoing oil price hike resulting from...
The Marcos Jr. administration’s chief economic manager assured on Tuesday, April 7, that the Philippine government has enough resources to tackle the oil crisis head-on, given an improving fiscal position with rising revenues coupled with prudent spending on public goods and services. “Our...
Presidential Communications Office (PCO) Secretary Dave Gomez has filed charges against those behind the spread of false energy lockdown advisories online. Gomez lodged the complaint before the Department of Justice (DOJ) on Tuesday afternoon, April 7, against the administrators of a Facebook...
House Assistant Majority Leader Lanao del Sur 1st district Rep. Zia Alonto Adiong says "consequences" must be meted out to individuals who deliberately spread false information about the ongoing national energy emergency. Adiong, in a statement Monday, April 6, reckoned that those who exploit the...
President Marcos will meet with the Development Budget Coordination Committee (DBCC) on Tuesday, April 7, to discuss the recommendation on the possible suspension of excise taxes on petroleum products. Palace Press Officer and Communications Undersecretary Claire Castro disclosed this in a Palace...
The Philippines is facing an inflationary shock that could spill over to slower economic growth, potential job losses, and more capital market outflows amid a prolonged Middle East conflict, according to the World Bank. The global oil price and supply shock wrought by the war in Iran would “raise...
Sowing confusion by spreading fake news online while the country is under an energy emergency "will be treated as a serious offense," Malacañang said, warning erring online users that it will press charges. In a statement on Sunday, April 5, Presidential Communications Office (PCO) Acting...
Senator Sherwin Gatchalian on Thursday, April 2 lauded the government for securing a “safe passage” deal with Iran, saying it is a major win for the country which is still reeling from the impact of the oil crisis due to the ongoing conflict in the Middle East. Gatchalian, chairman of the...
