Who says energy regulators can 't crack down on unjustified fuel price hikes under the deregulated regime? House Minority Leader and 4Ps Party-list Rep. Marcelino “Nonoy” Libanan insisted on Sunday, April 19 that the Department of Energy (DOE) and the Department of Justice (DOJ) retain...
A rider died while waiting in line to receive P5,000 in fuel subsidy from the Department of Social Welfare and Development (DSWD) at the Quezon Memorial Circle in Quezon City on April 18, the agency confirmed. The fuel assistance program drew a large number of applicants, with long queues forming...
The Department of Social Welfare and Development (DSWD) clarified that beneficiaries of its cash relief assistance for public utility vehicle (PUV) drivers are not required to secure any certification from the Commission on Elections (Comelec), amid circulating claims linking such a requirement to...
To say that House Deputy Speaker Bacolod City lone district Rep. Albee Benitez is disappointed with the Department of Social Welfare and Development 's (DSWD) "ayuda" (aid) distribution is a huge understatement. Benitez took to his Facebook on Saturday, April 18 to give her firsthand...
President Marcos on Sunday announced a larger fuel price rollback next week, saying the reduction will bring much-needed relief to Filipino consumers. “Sa susunod po na linggo, may mas malaking bawas sa presyo ng langis (Next week, there will be a bigger reduction in oil prices),” the President...
The House Legislative Energy Action and Development (LEAD) Council has covered a lot of ground in terms of coming up with a wide range of legislative responses to this era of elevated fuel prices. To their credit, members of the House of Representatives actively participated in the three hearings...
Rising global energy prices driven by Middle East tensions are posing growing risks to the Philippine office real estate sector, as higher power costs threaten tenant demand, rental growth, and asset values, according to property consultancy Colliers. In an April 16 report, Colliers Philippines...
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...
The country risks pushing 1.3 million more people into poverty as an energy crisis and record-high fuel prices threaten to drive the national poverty rate to 14.4 percent, the state-run Philippine Institute for Development Studies (PIDS) warned. Before the Middle East conflict triggered a national...
The fuel crisis is formidable, no doubt about it. But addressing it is as formidable for lack of concerted effort. But what if, in the face of this deepening crisis, we choose unity over division, action over accusation, cooperation over conflict? What if, even for a brief moment, we set aside the...
Caloocan City 2nd district Rep. Edgar "Egay" Erice has filed a measure that would limit prices of diesel to a maximum of ₱70 per liter, as part of possible legislative responses to elevated pump fuel prices in the country. Dubbed as the proposed Diesel Cap Act, the measure was patterned after...
Vice President Sara Duterte on Wednesday, April 15, criticized the administration’s handling of the ongoing price crisis in the Philippines, linking it to rising inflation and alleging that the lack of relief for Filipinos stems not from limited resources but from the misuse of public funds for...