Senator Erwin Tulfo on Sunday, March 22 called on oil companies to be upfront on their actual prices of petroleum products instead of unilaterally declaring price hikes based on external events. Tulfo made the appeal as he called for absolute transparency among oil firms as the country continues to...
President Marcos has called on the public to help the government manage the impact of the Middle East conflict by refraining from spreading misinformation and fake news. Marcos said this as he listed in his recent vlog the different initiatives and measures undertaken by his administration to...
Senator Sherwin Gatchalian said on Saturday, March 21, that the Senate 's ad hoc committee is targeting to consolidate and submit in two weeks its recommendations on how to address the economic effects of the Middle East conflict In an interview with Usapang Senado on DWIZ, Gatchalian,...
Manila Mayor Francisco "Isko Moreno" Domagoso announced on Friday, March 20, that the city is targeting to start the distribution of 10 kilos of rice to residents by the month of April as a form of aid amid the intensifying conflict in the Middle East that continues to push oil prices to record...
Senator Risa Hontiveros has pressed the government to ensure that more public utility vehicle (PUV) drivers and transport cooperatives—even those not considered “poorest of the poor”—will receive state emergency aid. I n a letter dated March 19, Hontiveros urged the Department of Budget...
NEW DELHI (AP) — Countries in Asia are scrambling to conserve energy and protect consumers as the war on Iran and attacks on gas fields and oil refineries disrupt critical supplies, rattling markets and driving up prices. The crisis is hitting Asia hardest because of its heavy reliance on...
Senator Paolo “Bam” Aquino IV pushed on Friday, March 20 for a more targeted and immediate government assistance for micro, small and medium enterprises (MSMEs) and vulnerable segments of the middle class affected by the impact of the Middle East conflict. Aquino noted that minimum wage earners...
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...
ILOILO CITY – A transport group here estimated that they are losing P100,000 a day due to the crisis in the Middle East. The Western Visayas Transport Cooperative (WVTC) said they are losing the amount operating 95 minibuses in the regional capital. The WVTC is set to reduce the number of...
Senator Risa Hontiveros has formally filed the bill seeking a P52.8-billion supplemental budget to fund the expanded subsidies for vulnerable sectors affected by the ongoing oil crisis. In filing of Senate Bill No. 1986, Hontiveros said it is imperative to address the limited amount of available...
President Marcos said the government’s decision to suspend or reduce excise taxes on fuel will depend on global oil price movements, stressing that the situation remains highly unpredictable amid the ongoing conflict in the Middle East. Marcos said this after Congress approved on the third and...
President Marcos on Tuesday assured Filipinos that food supply and prices remain stable despite rising global oil prices, saying there is no need to hoard as the government keeps the situation under control. Marcos said this as he led a joint price and supply monitoring activity of the Department...
