Consumers are up for another week of relief on their fuel budgets, as oil firms will reduce prices of gasoline products by P5.00 per liter, and diesel by P2.00 per liter effective Tuesday, July 19. The oil companies similarly advised on a price reduction of P0.70 per liter for kerosene products,...
Rising food prices due to the rapid inflation may cause more families to experience hunger, an official of the National Nutrition Council (NNC) said. “Talagang problema iyan ng mga pamilya ngayon…Kung patuloy na nagiging mahal ang mga pagkain, ang bilihin–patuloy na dadami ang mga pamilyang...
Domestic pump prices will have another round of significant rollback next week as global oil prices tumbled below $100 per barrel. Based on the calculation of the oil companies, the price of 92RON gasoline products will be cut by P5.30 to P5.50 per liter while RON95 gasoline will be trimmed by...
Bagong Henerasyon (BH) Party-list Rep. Bernadette Herrera has called on the Energy Regulatory Commission (ERC) and the Manila Electric Company (Meralco) to offer more refunds and rebates to consumers, on top of the long-sought unbundling of fuel prices. “If there are any more refund or rebate...
Were you thrilled by this week's "big time" price rollback on pump fuel products? Bayan Muna Party-list Rep. Carlos Zarate (Facebook) If so, you shouldn't, based on former Bayan Muna Rep. Carlos Zarate's perspective on fuel price movements so far this 2022. "Since January this year diesel prices...
The Muntinlupa City government has implemented measures to reduce fuel and gasoline use for all its vehicles amid the rising oil prices in the country. In a resolution dated July 4, the city government’s Local Finance Committee recommended the fuel-saving measures that will be carried out for all...
House Deputy Speaker and Davao City 3rd district Rep. Isidro Ungab has backed President-elect Ferdinand "Bongbong" Marcos Jr.'s preference to give subsidies to the beleaguered transport sector instead of doing away with excise taxes on fuel amid skyrocketing petroleum prices. (File photo/ Ali...
A ranking solon who is well- versed in "budgeting" has told Filipinos to get ready to tighten the belts in the coming months amid what he described as "turbulent economic times". (Towfiqu Barbhuiya/ Unsplash) “We foresee difficult times ahead...and it is up to us if we can safely ride it through...
MAP of the Philippines with Davao Region highlighted. DAVAO CITY – Prices of fish in the Davao Region will likely increase due to the implementation of the three-month closed fishing season at Davao Gulf, an official of the Bureau of Fisheries and Aquatic Resources (BFAR)-Davao said. BFAR-Davao...
President Duterte’s press secretary assured the public on Tuesday, June 7, that the government has put in place mechanisms that will address the inflation rate which grew to 5.4 percent last month and the skyrocketing prices of fuel in the country. PCOO Secretary Martin Andanar. (Malacañang...
The rate of increase in consumer prices accelerated to a fresh three-year high in May as the worsening inflationary pressures globally continued to eat into Filipinos’ purchasing power. The Philippine Statistic Authority (PSA) reported on Tuesday, June 7, that headline inflation jumped to 5.4...
The rate of increase in consumer prices quickened in April, hitting its highest level in more than three-years, due to higher food and fuel costs, the Philippine Statistics Authority (PSA) reported on Thursday, May 5. The country's headline Inflation clocked in at 4.9 percent last month, faster...
