Malacañang will formally ask Congress to grant President Marcos emergency powers to reduce fuel excise taxes as part of the government’s response to rising fuel prices amid tensions in the Middle East. “Yes,” Presidential Communications Office (PCO) Undersecretary Claire Castro told...
The ongoing Middle East conflict has cast a harsh spotlight on the Philippines’ vulnerabilities, exposing an energy supply chain so fragile that every global flare-up sends shockwaves straight to Filipino households. After 25 years of power industry deregulation and decades of oil market...
ROSALES, Pangasinan – Mayor Liam Cezar on Sunday warned gasoline stations here from imposing unreasonable fuel price increases. He said they monitored 22 gasoline stations from 3 p.m. to 5 p.m. Sunday as motorists rushed to refuel two days before a big-time oil price hike due to the Middle East...
CALASIAO, Pangasinan – Motorists trooped to gasoline stations here on Sunday as a big-time oil price increase is anticipated on Tuesday, March 10. Long lines of cars and motorcycles formed on roads leading to gasoline stations in the province. In Binmaley, motorists expressed concern as gasoline...
Senate President Pro Tempore Panfilo “Ping” Lacson urged the public to report to authorities gas stations that prematurely increase fuel prices ahead of scheduled oil price adjustments. Lacson warned that those who are raising fuel prices prematurely are violating Republic Act No. 8479 or the...
Senator Francis “Chiz” Escudero on Sunday, March 8 urged private companies to consider adopting Malacañang-backed four-day onsite workweek or implement a staggered work-hour schemes to help cushion the impact of fuel price hikes. The senator made the call as the country reels over the broader...
The government will remain vigilant and proactive in preparing for the possible effects of the ongoing conflict in the Middle East, Malacañang said Saturday evening, March 7. In a statement, Presidential Communications Office (PCO) Undersecretary Claire Castro said President Marcos has directed...
Senator Sherwin Gatchalian believes that the Philippines could struggle to hit its 5 percent economic growth target this year due to lingering domestic challenges and the escalating tensions in the Middle East. In a radio interview with Usapang Senado over DWIZ on Saturday, March 7, Gatchalian was...
Vice President Sara Duterte on Saturday, March 7, suggested that Filipinos use bicycles or practice carpooling as one of the measures to adapt to the impact of the significant oil price hike brought about by the conflict in the Middle East. Duterte said many people are now worried about the...
At least two senators have filed the measure seeking to grant President Ferdinand “Bongbong” Marcos Jr. the authority to suspend or reduce fuel excise tax in response to the Middle East conflict. Sen. Joel Villanueva filed Senate Bill No. 1922, which authorizes the President, upon the...
Senator Francis “Chiz” Escudero on Tuesday, March 3, urged the Department of Energy (DOE) to put in place a mechanism that would help cushion the possible impact of the Middle East tension on the prices of petroleum products in the country. Escudero pointed this out as the escalating tension in...
Senator Joseph Victor “JV” Ejercito on Monday, March 2 called on lawmakers to expedite the passage of the bill mandating the automatic suspension of excise taxes on petroleum products. Ejercito made the call in light of the ongoing conflicts in the Middle East involving the United States,...
