LAPU-LAPU CITY, Cebu — “Peace—now.” This was the straightforward message of the Association of Southeast Asian Nations (ASEAN) leaders to parties involved in the escalating Middle East conflict, according to President Marcos. Speaking during a press conference on the sidelines of the 48th...
LAPU-LAPU CITY, Cebu — Department of Foreign Affairs (DFA) Secretary Ma. Theresa Lazaro on Thursday, May 7 called on ASEAN member-states to remain agile and united in responding to global crises, saying the ongoing conflict in the Middle East has exposed the region’s vulnerabilities in...
A group of local shipping companies and operators has expressed gratitude to the Maritime Industry Authority (Marina) for what it described as the agency’s quick response to assist their sector at the height the oil supply and price woes due to the Middle East conflict. In a letter sent to...
LAPU-LAPU CITY, Cebu — The Association of Southeast Asian Nations (ASEAN) sees no major obstacle to issuing a joint statement on the ongoing Middle East crisis despite the involvement of key global powers, including the United States, a Summit spokesperson said. In a press briefing here,...
LAPU-LAPU CITY, Cebu — The Philippines will push for the endorsement of three key outcome documents during the 48th ASEAN Summit as President Marcos chairs the regional gathering in Cebu this week. In a press briefing here on Wednesday, May 6, ASEAN Spokesperson Dominic Xavier Imperial said the...
Malacañang said the Philippine peso breaching another record low value against US dollar was due to "unusually strong" dollar and the ongoing Middle East crisis. In a Palace briefing on Thursday, April 30, Palace Press Officer and Communications Undersecretary said that the weakening of the peso...
Senator Risa Hontiveros on Monday, April 27 warned that the government may need an emergency supplemental budget higher than the P52.8-billion she earlier proposed if the Middle East conflict and the subsequent oil crisis extends to May and beyond. In a radio interview, Hontiveros said the...
Suspending the excise tax offers a better respite than telling oil companies to fully implement a fuel price rollback, Senator Risa Hontiveros said on Monday, April 20. Hontiveros pointed this out in response to President Ferdinand “Bongbong” Marcos, Jr.’s directive for oil companies to...
Drivers and operators of diesel-fed public utility vehicles (PUVs) will stand to benefit more from the additional fuel subsidy program than the cancellation of the excise tax on fuel, the Land Transportation and Franchising Regulatory Board (LTFRB) said. The additional fuel subsidy approved by...
President Marcos remains not keen on suspending the value-added tax (VAT) on petroleum products, citing the "windfall" revenue it generates as a source of funding for response efforts amid the Middle East crisis. In a Palace briefing on Monday, April 13, Marcos finally elaborated on the reasoning...
Whether it was "early politicking" or "early campaigning," President Marcos will not pay any attention to the newly-formed political coalition 's intention, Malacañang said. "Kung anuman po ang ninanais nila sa gitna ng krisis sa Middle East, iyong maaga nilang pamumulitika, iyong maaga...
Malacañang said the reported breakdown of talks between the United States and Iran is “not good news,” warning that escalating tensions in the Middle East could further drive up global oil prices. In a press briefing, Presidential Communications Office (PCO) Undersecretary Claire Castro said...
