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...
Transport organizations are divided over the nationwide strike set for April 15 to 17, with Pagkakaisa ng mga Samahan ng Tsuper at Opereytor Nationwide (PISTON) confirming its participation while other groups pursue dialogue with the government on rising fuel costs. Mody Floranda, president of...
President Marcos remains not keen on suspending the value-added tax (VAT) on petroleum products, citing the "windfall" revenue it generates as a source of funding for response efforts amid the Middle East crisis. In a Palace briefing on Monday, April 13, Marcos finally elaborated on the reasoning...
The Department of Social Welfare and Development (DSWD) warned transport network companies (TNCs) against setting up recruitment booths and failing to properly coordinate during the upcoming cash aid payout for transport workers. DSWD Secretary Rex Gatchalian issued the warning ahead of the...
Senator Loren Legarda on Monday, April 13 urged the government to consider the immediate suspension of fuel excise tax and value-added tax (VAT) on diesel and gasoline as millions of Filipinos still do not feel the government’s relief from the fuel hikes and rising prices of basic commodities. ...
Foreign ministers of the Association of Southeast Asian Nations (ASEAN) on Monday, April 13, urged sustained diplomacy and restraint following recent developments in the Middle East, while welcoming a temporary ceasefire between the United States and Iran. Department of Foreign Affairs (DFA)...
Noting that time is of the essence, senators on Monday, April 13, questioned why the Department of Foreign Affairs (DFA) has to seek the United States’ permission to import oil from Russia and delay the delivery of oil supply in the country. Sen. Sherwin Gatchalian, chairman of the Senate...
After a series of pump price hikes, motorists are finally set to experience the first rollbacks of the year, potentially putting an end to recent big-time increases caused by global oil shocks amid the war in the Middle East. Effective Tuesday, April 14, Shell Pilipinas will cut its diesel prices...
Saying that President Marcos has failed to deliver substantial relief to the people amid the impacts of the Middle East crisis on the country is a huge lie, Malacañang said. Palace Press Officer and Communications Undersecretary Claire Castro said seen or not seen, Marcos continue to work and...
Oil and gas deals in the West Philippine Sea (WPS) must meet strict constitutional conditions, 1Sambayan said, as the Department of Foreign Affairs (DFA) underscored that Philippine sovereignty will be upheld in any potential energy cooperation with China. In a statement issued on April 12, the...
Muntinlupa police rolled out eight new electric patrol vehicles on Monday, April 13, a move city officials said will cut fuel costs and boosts sustainable operations amid soaring oil prices. The Muntinlupa City government formally turned over the electric vehicles (EVs) to the local police,...