Manila City Mayor “Isko Moreno” on Monday announced the early release of P1.76 billion in financial assistance, incentives, and barangay shares to support residents and keep the city’s economy moving, to help Manileños from the impact of rising global oil prices. The funding package, sourced...
BACOLOD CITY – This highly-urbanized city will form a monitoring team to oversee all gas stations as fuel prices continue to rise due to the overseas conflict. This was discussed during an alignment meeting led by City Administrator Mark Mayo attended by Mayor Greg Gasataya at the Bacolod City...
LEGAZPI CITY – Consumers and small business owners in Albay said Wednesday they are adopting practical ways to manage expenses as concerns over possible increases in commodity prices persist amid the ongoing crisis in the Middle East. Vilma Perez, 47, a housewife from a minimum-wage-earning...
The country’s infrastructure program faces potential cost increases from rising global oil prices but construction projects nationwide will continue as planned, Department of Public Works and Highways (DPWH) Secretary Vince Dizon said Tuesday, March 10. Dizon said many government infrastructure...
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...
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...
BACOLOD CITY – The Police Regional Office-Negros Island Region (PRO-NIR) has intensified monitoring and coordination efforts with partner agencies and local government units (LGUs) to ensure the stability of fuel supply and maintain peace and order amid global developments that could impact oil...
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...
CEBU CITY – Mandaue City has formed a task force that will intensify price monitoring in the city. The creation of the task force mandated to conduct regular inspections of basic commodities and ensure price stability was finalized during a special meeting of the Price Monitoring Council on...
President Marcos may consider looking into the proposal to compress the workweek in government offices to four days—a move to support the government 's effort to save energy. Palace Press Officer and Communications Undersecretary Claire Castro said the President may study the suggestion,...
Senator Imee Marcos has filed a resolution seeking to conduct an inquiry in aid of legislation into the country 's energy reserves as well as the government 's mitigation responses to "energy shock". Marcos filed P.S. Resolution No. 333 on Tuesday, March 3, amid the escalating conflict...
Citing the mounting burden on small farmers, the Kilusang Magbubukid ng Pilipinas (KMP) on Tuesday, March 3, denounced the latest oil price hike and urged the government to provide urgent subsidies as Middle East tensions threaten to push global crude prices even higher. KMP said oil firms...
