The Securities and Exchange Commission (SEC) has revoked the corporate registration of Dual Fuel Petroleum Corp. after finding the company illegally solicited investments from the public through a scheme that regulators likened to a Ponzi operation. In an order, the corporate regulator also imposed...
DAVAO CITY – Pwersa ng Pilipinong Pandagat party-list Rep. Harold Duterte urged the government to ensure that fuel subsidies reach recipients. Duterte, in a resolution, said that there should be a fair and uniform system in the distribution of fuel subsidies to recipients. The lawmaker warned...
Manila Mayor Francisco "Isko Moreno" Domagoso announced on Thursday, March 19, the release of P1,094,082,181.12 to all 896 barangays in the city. The fund aims to support residents as global oil prices surge to unprecedented levels due to the ongoing conflict in the Middle East. Domagoso made the...
The city government of Parañaque announced that around 15,000 to 18,000 jeepney drivers will be included in the second phase of the P5,000 fuel subsidy distribution, amid rising fuel prices linked to the ongoing conflict in the Middle East. Parañaque City Mayor Edwin Olivarez made the...
“Sa laban ng tsuper, kasama ang komyuter (Drivers fight for themselves and for commuters).” Amid the continuing rise in fuel prices, this was one of the messages of the Pagkakaisa ng mga Samahan ng Tsuper at Operator Nationwide (PISTON), along with various groups, during a nationwide transport...
TACLOBAN CITY – The Calbayog City government in Samar province has launched a localized fuel subsidy program to shield tricycle drivers and commuters from rising pump prices triggered by the ongoing Middle East crisis, officials announced Wednesday. Following a meeting with Petron...
A bill that is seen to address the impact of rising global oil prices inches closer to being felt by Filipinos after the Senate approved it on third and final reading on Tuesday, March 17. Voting 17-0-0, the Upper Chamber approved Senate Bill No. 1982 or An Act Authorizing the President to Suspend...
TACLOBAN CITY — Two men were arrested on Monday for alleged possession, illegal sale, transport, and distribution of fuel in Barobaybay, Lavezares, Northern Samar. The suspects were identified as Pran, 49, from Barangay Libas, Lavezares, who was driving an Isuzu aluminum van truck. His companion...
Tricycle drivers in Quezon City began receiving P5,000 in cash assistance on Tuesday, March 17, under the Department of Social Welfare and Development (DSWD) Fuel Subsidy Program. Beneficiaries, mostly members of various Tricycle Operators and Drivers Associations (TODA), gathered at designated...
In light of the fuel price hike caused by the conflict in the Middle East, the distribution of cash relief assistance, or fuel subsidy, from the national government has started in the cities of San Juan, Marikina, Pasig, and Makati, with tricycle drivers as the first beneficiaries on Tuesday, March...
Tricycle drivers in Caloocan, Malabon, and Navotas Cities are set to receive P5,000 cash assistance from the national government to help ease the impact of rising fuel prices. The subsidy will be provided through the Department of Social Welfare and Development (DSWD) as part of efforts to support...
Manila City Mayor Francisco “Isko Moreno” Domagoso, on Tuesday, March 17, thanked President Ferdinand Marcos Jr. as the national government began distributing P5,000 cash assistance to tricycle drivers in Metro Manila to help cushion the impact of rising fuel prices triggered by tensions in...
