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...
Vice President Sara Duterte is asking the public to refrain from conducting protests through motorcades and caravans and called on the local government units (LGUs) to ban such activities in order to save fuel amid the ongoing conflict affecting worldwide oil supply in the Middle East. Duterte...
Fishers are being squeezed by rising fuel costs as successive oil price hikes push production expenses higher, progressive fisherfolk group Pambansang Lakas ng Kilusang Mamamalakaya ng Pilipinas (Pamalakaya) said on Friday, Jan. 23. The group said fuel expenses now account for about 80 percent of...
The country’s full-year inflation rate in 2025 settled at a nine-year low, even as inflation edged up to 1.8 percent in December from 1.5 percent a month earlier, driven mainly by higher prices of food and non-alcoholic beverages, the Philippine Statistics Authority (PSA) reported. National...
