Senate President Pro Tempore Panfilo "Ping" Lacson pressed the government on Tuesday, April 14 to explore more "targeted" interventions—including a potential fuel subsidy mechanism—to shield Filipinos from the cooling effects of the Middle East conflict on global oil prices. In an interview,...
Amid the fuel crisis due to the war in the Middle East, the Department of Environment and Natural Resources (DENR) on Tuesday, April 14, simultaneously rolled out DENR’s “Permitting on Wheels” across the country to bring their services closer to the public, especially to micro, small, and...
Transport organizations are divided over the nationwide strike set for April 15 to 17, with Pagkakaisa ng mga Samahan ng Tsuper at Opereytor Nationwide (PISTON) confirming its participation while other groups pursue dialogue with the government on rising fuel costs. Mody Floranda, president of...
The expected lifting or reduction of excise taxes on petroleum products must take effect swiftly, or right after President Marcos greenlights it via an executive order (EO). Marikina City 2nd district Rep. Miro Quimbo, presiding officer of the Legislative Energy Action Development (LEAD) Council,...
Department of Public Works and Highways (DPWH) Secretary Vince Dizon on Monday, April 13, dismissed an economist’s call to halt major infrastructure and public works projects, saying these should continue despite rising fuel prices in the country. Earlier, economist JC Punongbayan said...
House Speaker Faustino "Bojie" Dy III has assured Filipinos that the executive and legislature continue to work together to mitigate the impact of elevated fuel prices resulting from geopolitical events. This, even as the House leader cited the big-time pump fuel price rollback scheduled for...
Sovereign wealth fund (SWF) manager Maharlika Investment Corp. (MIC) is pivoting its financing toward energy infrastructure to strengthen national energy security amid a period of sustained volatility in oil markets. In an interview with CNBC last week, MIC President and Chief Executive Officer...
BACOLOD CITY – The Department of Social Welfare and Development-Negros Island Region (DSWD-NIR) has released a total of P155.34 million in fuel subsidies to 31,068 tricycle drivers during a three-day payout held from April 8 to 10. The number represents 89.88 percent of the agency’s target of...
Why not use annual earnings from the Malampaya Deep Water Gas-to-Power Project to bankroll new critical coastal petroleum storage facilities under the Philippine National Oil Co. (PNOC)? House Minority Leader 4Ps Party-list Rep. Marcelino "Nonoy" Libanan made this suggestion on Sunday, April 12,...
The House leadership wants to institutionalize a national protection system that would ensure Filipinos are not left to bear the full burden of another fuel-driven crisis similar to what is currently happening. For this purpose, House Speaker Faustino "Bojie" Dy III and Majority Leader Sandro...
Senator Christopher “Bong” Go is batting for the temporary suspension in the payment of government contributions to various agencies even as Filipinos struggle to cope with elevated pump fuel prices. Among the agencies covered in Go 's proposal are the Philippine Health Insurance...
The House of Representatives is fast-tracking its legislative response to the problem of elevated fuel costs, with the all-encompassing measure expected to be ready once Congress resumes session on May 4. Such was the commitment of the Legislative Energy Action Development (LEAD) Council, a...
