Senator Sherwin Gatchalian said on Saturday, March 28, that the upper chamber’s Proactive Response and Oversight for Timely and Effective Crisis Strategy (PROTECT) Committee was preparing its interim report--including initial recommendations--to address the country’s fuel supply concerns amid...
Senator Loren Legarda is set to file the Bayanihan Power to the People Act, or the so-called Bayanihan 3 Law, which seeks to establish a decisive government framework in addressing the impacts of the global oil crisis on Filipino households and the national economy. Legarda stressed that Executive...
Senator Bam Aquino has renewed his call for the government to formally declare a price freeze on basic commodities and essential goods, stating that this would help shield the public from the impact of surging oil prices driven by the Middle East crisis. “Mag-price freeze na sila. Mula noong...
Malacañang said it is not closing its doors to recommendations to implement a price freeze on oil as the country reels from the impact of the ongoing Middle East conflict. Palace Press Officer and Communications Undersecretary Claire Castro said on Friday, March 27, that a price freeze is under...
Senator Robin Padilla has called on the Philippine government to revive its longstanding claim over Sabah , citing the territory’s oil resources as the country grapples with rising fuel costs due to tensions in the Middle East. In a Facebook post addressed to President Marcos, Padilla said...
President Marcos said that the Philippines ' hosting of the Association of Southeast Asian Nations (ASEAN) Summit in May will still push through despite the ongoing war in the Middle East. It will proceed as scheduled, Marcos said, but will only be a "barebones ASEAN Summit," stressing that it...
A unified government framework is needed to effectively address the global fuel and energy disruptions amid the continuing conflict in the Middle East, Sen. Francis “Chiz” Escudero said on Thursday, March 26. Escudero made the call as he welcomed President Marcos’ signing of Executive Order...
Department of Foreign Affairs (DFA) Secretary Ma. Theresa Lazaro said she received reports from Washington that US President Donald Trump was negotiating with Iranian leaders, which might not be known among the bureaucracy. "We 're looking at that. And we 're hoping that, if ever there...
After 26 days since the Middle East conflict, Senator Sherwin Gatchalian said that it 's "concerning" that the government still has no unified, coordinated national contingency plan to address matters related to the country 's oil supply. In a press conference on Wednesday, March 25,...
Philippine Geothermal Production Co. (PGPC), the renewable energy arm of SM Investments Corp., is accelerating development of its domestic steam fields to buffer the Philippines from volatile global energy prices as conflict in the Middle East threatens fuel supply chains. In a briefing on Tuesday,...
Department of Foreign Affairs (DFA) Secretary Ma. Theresa Lazaro said she "would not consider that neutrality" that the Philippines is not taking any stand or any side in the Middle East conflict as the government right now is only prioritizing the welfare of Filipinos in the affected countries. At...
President Marcos said war is “never in the national interest” of the Philippines as he expressed hope for the swift end of the ongoing conflict in the Middle East. “It certainly was unexpected, and we never want war,” Marcos said when asked in an interview with Bloomberg if he supports the...
