NLEX showed poised down the stretch and eked out a 114-108 victory against Phoenix in overtime in the PBA Philippine Cup Thursday, June 30 at the Araneta Coliseum. Calvin Oftana (PBA) Calvin Oftana, who hit a game-tying three which enabled the overtime, led the Road Warriors and flirted with a...
A total of 617,806 qualified recipients will receive fuel cash subsidies under the "Pantawid Pasada Program for Tricycle Drivers” to ease their financial woes amid the rising cost of petroleum products since late last year, the Department of the Interior and Local Government (DILG) said on...
The incoming Marcos administration has a daunting, king-sized economic problem and it needs all the help it could muster, Senator Sherwin Gatchalian said on Saturday, June 25. Interviewed by DWIZ radio, Gatchalian identified the big problems of President-elect Bongbong Marcos such as inflation,...
CEBU CITY – Uncalibrated fuel pumps were discovered during an inspection of gasoline stations here Monday, June 20. The fuel pumps were found to be uncalibrated when personnel from the Cebu City Police Office (CCPO) and the City Hall Prevention, Restoration, Order, Beautification, and Enhancement...
As global aviation fuel prices continued to skyrocket, the Civil Aeronautics Board (CAB), in its Wednesday, June 22, advisory, added 13 more levels to its passenger and cargo fuel surcharge matrix, which until this month has Level 7 at the maximum. Now, CAB's passenger and fuel surcharge matrix is...
In order to cushion the effect of skyrocketing global oil prices on airlines, the Civil Aeronautics Board (CAB) this month allowed airlines to collect Level 7 fuel surcharge, the highest level in its matrix. Airlines now slap on fuel surcharges of P201 to P769 for local flights and P1,035 to P9,892...
The Senate indicated that proposed amendments to the Tax Reform for Acceleration and Inclusion (TRAIN) Act may still be pushed to trim taxes levied on fuel commodities, but may not be outright suspension of excise taxes on petroleum products as this would result in annual revenue losses of roughly...
President-elect Ferdinand "Bongbong" Marcos Jr. says he'll employ a tactic of his late father, former President Ferdinand Marcos Sr., in order to address the current fuel price crisis. President-elect Ferdinand Marcos Jr. (left) and the late President Ferdinand Marcos Sr. (BBM Media Bureau,...
With pump fuel prices seemingly racing toward the P100 per liter-mark, Camarines Sur 2nd district Rep. LRay Villafuerte is prodding the incoming Marcos administration to consider putting up a national strategic petroleum reserve (SPR). (Ali Vicoy/ MANILA BULLETIN) “I hope the BBM (Bongbong...
The Department of Finance (DOF) maintained that the government should continue the more targeted approach of fuel subsidy as it warns against bowing to pressure to suspend excise taxes on petroleum. As the incoming Marcos administration is coming under pressure from several parties to implement a...
RJ Jazul sizzled with six three-pointers to help Phoenix Super LPG hold off Rain or Shine 106-102 in the PBA Philippine Cup at Mall of Asia Arena on Sunday, June 19. Photo from PBA The Fuel Masters rode the hot hands of Jazul as he nailed a dagger triple with 33 seconds left to put the game to rest...
Phoenix barged into the win column in a dominant fashion as it drubbed the depleted Terrafirma squad, 97-74, in the PBA Philippine Cup on Friday, June 17 at the Ynares Center in Antipolo City. Jason Perkin leads the way as Phoenix grabs its first win at the expense of depleted Terrafirma. (PBA...
