State-run Social Security System (SSS) is earmarking roughly ₱60 billion in financial assistance and benefit support, accelerating the scheduled pension hike and loosening loan requirements to shield members from an energy-crisis-induced spike in living costs. Robert Joseph M. de Claro, SSS...
Fuel prices are poised for another significant retreat next week as cooling tensions in the Middle East drive global benchmarks lower, offering a second consecutive wave of relief to local motorists and transport operators. Based on the first three days of trading for the Mean of Platts Singapore,...
Iran is approximately 7,000 kilometers away from the Philippines. But an ongoing war in that part of the world rattles ours almost immediately. This conflict in West Asia (or the Middle East to the Western world) has disrupted crude oil shipments to the Philippines, a country that imports about 98...
The Land Transportation Franchising and Regulatory Board (LTFRB) is planning to set up help desks in as many participating gas stations as the government’s P10 per liter subsidy started on Tuesday, April 14. And when that happens, the Philippine National Police (PNP) also wants to make its...
Gen. Jose Melencio C. Nartatez, Jr., chief of the Philippine National Police (PNP), ordered police commanders in Metro Manila and other areas to remain on alert and visible for the remaining two days of the transport strike as he commanded them for a peaceful and orderly first day of the protest....
The Marcos administration is moving to shore up the country’s depleted cooking fuel reserves as geopolitical volatility threatens energy security, with the government securing its first major import of liquefied petroleum gas (LPG) in months. The Department of Energy (DOE) authorized the purchase...
A number of transport groups have declared their intention not to join the three-day transport strike and the Philippine National Police (PNP) wants to ensure that they will not be threatened and harassed. At the start of the transport strike on Wednesday, April 15, PNP chief Gen. Jose Melencio C....
Warm meals and on-the-ground assistance reached drivers and commuters in Tondo, Manila, as the city government continued its “Hot Meals on Wheels” program on April 14 and 15, coinciding with the start of a three-day transport strike on April 15. On its first day on Tuesday, April 14, the...
The Bureau of Customs (BOC) is fast-tracking shipments of essential goods to prevent additional costs under a state of national energy emergency. Responding to an April 8 Presidential directive from the Office of the Executive Secretary (ES), Customs Commissioner Ariel F. Nepomuceno mobilized all...
Local bakery owners in Manila have started receiving the P25,000 financial assistance from the Francisco “Isko Moreno” Domagoso administration on Tuesday, April 14, marking the rollout of a city program aimed at keeping staple bread prices steady for the next 30 days. The distribution follows...
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...
Apart from the P4,000 payout previously provided, the Manila local government will distribute another P4.9 million worth of fuel assistance to jeepney drivers participating in its Libreng Sakay Program. Manila Mayor Francisco “Isko Moreno” Domagoso said the assistance will be in the form of...