House "Young Guns" bloc member Davao Oriental 2nd district Rep. Cheeno Miguel Almario is asking authorities to look into the possibility of temporarily reducing the operating hours of malls as an energy-saving measure. Almario filed last March 17 House Resolution (HR) No. 893, which urged the...
The Philippines can quarantine a virus, but it cannot quarantine the global oil market. This is the warning from one of the architects of the country’s pandemic recovery, who argues that the current fuel shock could be a more ruthless economic adversary than Covid-19. While the health crisis was...
President Marcos said changes in relations with China are already taking place as he signaled openness to joint gas development with Beijing despite ongoing territorial disputes. “I think it’s certainly going to happen… there’s going to be a very, very serious restructuring,” Marcos said...
President Marcos said ferry and bus operators have committed not to increase fares this Holy Week despite rising fuel prices. In an interview with Bloomberg aired on Tuesday, March 24, the President said the commitment is part of the government’s efforts to ease the burden on commuters and the...
Philippine Airlines (PAL) said it has shored up its jet fuel reserves for the “foreseeable future,” seeking to calm markets after President Marcos warned that the regional energy crisis could potentially ground the country’s carriers. In a statement on Wednesday, March 25, the flag carrier,...
Cheap transport has become the name of the game for Filipinos as a result of the runaway prices of fuel. In this regard, Parañaque City 2nd district Rep. Brian Raymund Yamsuan highlighted the need to pass a measure that would institutionalize active transport by establishing a network...
Senate President Pro Tempore Panfilo “Ping” Lacson is pushing for a shorter time for the President before suspending—or restoring—the excise tax on fuel upon the recommendation of the Development Budget Coordination Committee (DBCC). Lacson suggested this on Tuesday, March 24 saying it is...
Executive Secretary Ralph Recto clarified that the crisis committee President Marcos created "does not start, but sustains and strengthens the multiple mitigation measures" to cushion the impacts caused by the ongoing conflict in the Middle East. "The government immediately scrambled all resources...
The Department of Social Welfare and Development (DSWD) on Tuesday, March 24 reassured public utility vehicle (PUV) drivers that its cash relief assistance (CRA) program has enough funds to continue, amid false reports that the agency had run out of money. “There is no truth to the claim that...
The House of Representatives has finally transmitted to the Senate House Bill (HB) No. 8418, which authorizes the President to temporarily suspend or reduce fuel excise tax as a way to help cushion the impact of global oil price spikes on Filipinos. Signed on Tuesday, March 24 by Speaker Faustino...
Senators on Tuesday, March 24, called on government agencies to act with urgency, stressing that they must recognize the situation as a “crisis” to effectively respond to its impact on Filipinos. During a hearing of the Senate’s Proactive Response and Oversight for Timely and Effective...
Senator Francis “Chiz” Escudero said on Tuesday, March 24 the Philippines can take advantage of its hosting of the Association of Southeast Asian Nations (ASEAN) Summit to secure regional solidarity in light of the global uncertainty over energy supply due to the Middle East conflict. Escudero...
