The ongoing oil crisis is making its mark even on the country’s most prestigious national beauty pageant. During the sash ceremony for the 2026 Binibining Pilipinas beauty pageant held at Novotel Manila in Araneta City on April 6, Gines Enriquez, marketing head of Bb. Pilipinas Charities, Inc.,...
The peso’s purchasing power hit another record low in March as the price shock wrought by the war in the Middle East further eroded Filipinos’ ability to spend the local currency. The latest data from the Philippine Statistics Authority (PSA), released on Tuesday, April 7, showed that the...
Senate Deputy Majority Leader Joseph Victor “JV” Ejercito has called on government agencies to remain transparent to President Ferdinand “Bongbong” Marcos Jr. saying providing real-time assessments are crucial in dealing with the impact of the ongoing Middle East conflict. Ejercito warned...
Headline inflation, or annual price increases, soared to a 20-month high of 4.1 percent in March, as the war in the Middle East fueled skyrocketing oil prices. National Statistician and Philippine Statistics Authority (PSA) chief Claire Dennis S. Mapa told a press briefing on Tuesday, April 7, that...
DUMAGUETE CITY – Negros Oriental Gov. Manuel Sagarbarria on Monday issued an order instituting austerity measures within the provincial government relative to the national state of energy emergency as declared by President Ferdinand R. Marcos Jr. Sagarbarria outlined the temporary restrictions in...
President Marcos has called for stronger coordination between national and local governments as the country deals with the impact of the ongoing conflict in the Middle East. Speaking during the oath-taking of officers of the Vice Mayors’ League of the Philippines (VMLP) in Malacañan on Monday,...
Government cash assistance for public transport workers is set to reach areas outside the National Capital Region as distribution moves into its next phase. The Department of Social Welfare and Development (DSWD) said it will begin distributing cash relief assistance to more than 328,000 tricycle...
More senators on Monday, April 6, have said they are open to a possible joint oil and gas exploration between the Philippines and China as they weigh the benefits that the country may gain. Senate President Vicente “Tito” Sotto III and Sen. Sherwin Gatchalian said such proposal had already...
Malacañang has clarified that the government’s efforts to secure safe passage for Philippine vessels through the Strait of Hormuz are aimed at ensuring a steady fuel supply, not immediately lowering oil prices. Presidential Communications Office (PCO) Undersecretary Claire Castro said this after...
Fuel price pain continues after the Holy Week, with diesel nearing a ₱20-per-liter increase and gasoline resuming its upward adjustment despite remaining unchanged last week. Effective Tuesday, April 7, Shell Pilipinas announced that diesel prices will rise by ₱19.80 per liter, gasoline by...
A bill seeking to institutionalize the government’s response to the energy crisis has been filed in the Senate. Senate Bill No. 2020, which Sen. Loren Legarda has filed, seeks to recognize the existence of a national emergency arising from the 2026 global oil crisis that stemmed from the...
The government is maintaining its ₱360 billion excise tax target for this year, betting on domestic resilience even as the government prepares to potentially sacrifice billions in fuel revenue to offset Middle East oil shocks. This comes despite the likelihood that President Ferdinand Marcos Jr....
