Senators are now seeking to grant the President authority to suspend or reduce taxes on petroleum products during times of global oil supply disruptions due to external shocks. Sen. Francis “Chiz” Escudero and Sen. Francis “Kiko” Pangilinan each filed separate bill empowering a sitting...
ILOILO CITY — Rep. Julienne “Jam-Jam” Baronda of this city has filed a bill authorizing President Ferdinand R. Marcos Jr. to temporarily suspend or reduce excise tax on petroleum products due to the Middle East war. “This measure aims to cushion Filipino consumers and the national economy...
LAOAG CITY – A long line of motorists queued at gasoline stations here on Monday as global oil prices rise due to the escalating conflict in the Middle East. In a series of interviews with the Philippine News Agency, motorists and Public Utility Vehicle (PUV) and tricycle drivers expressed...
Sixteen gasoline stations in Echague, Isabela were issued notices of violation for allegedly selling overpriced petroleum products. Their violations were discovered during an inspection conducted by the Municipal Fuel Monitoring and Enforcement Team (MFMET) under Executive Order No. 07, Series of...
Senator Risa Hontiveros on Monday, March 9 pushed for an emergency supplemental budget package that would be used by the government in response to the growing tension in the Middle East. Hontiveros made the call as local diesel and petroleum prices in the Philippines start to skyrocket this...
ILOILO CITY – The Police Regional Office-6 said Monday that one gasoline station in Western Visayas is under investigation for alleged price manipulation. “There’s a gas station in Roxas City that increased prices without approval from the DOE,” said PRO-6 Director Police Brig. Gen....
Manila City Mayor Francisco "Isko Moreno" Domagoso formally signed Executive Order No. 8, Series of 2026, on Monday, March 9, ordering the adoption of a four-day workweek with extended hours for city offices, except for essential and frontline agencies, as part of the city 's energy and...
DAVAO CITY – Cotabato Gov. Emmylou Taliño-Mendoza has reminded her constituents to tighten their belts and implement measures to mitigate the looming impact of Middle East conflict on the local economy. Mendoza issued the reminder as the crisis may disrupt oil supply chains and spike inflation....
BACOLOD CITY – The provincial government of Negros Occidental backs the plan of President Ferdinand R. Marcos Jr. to seek emergency powers that would allow the national government to reduce excise taxes on petroleum products as oil prices surge due to the crisis in the Middle East. Gov. Eugenio...
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...