Marikina City 2nd district Rep. Miro Quimbo believes that the Marcos administration won 't have to incur debt to make the envisioned "Bayanihan 3" law work and provide relief to Filipinos amid the fuel price crisis. In a virtual press conference Tuesday, Quimbo was asked whether or not he...
Why not redirect excess government revenues from fuel taxes to a direct subsidy program that would help Filipinos pay their monthly electricity bills? Murang Kuryente Party-list Rep. Arthur Yap floated this suggestion even as he pointed out Tuesday, March 31 that the skyrocketing of global oil...
DAVAO CITY – Davao del Norte Gov. Edwin Jubahib clarified on Tuesday that he has had no direct communication with Petronas Malaysia regarding the supposed purchase of 44 million liters of crude oil and gasoline he earlier announced. On March 25, Jubahib disclosed plans to source fuel from...
All signs point to the crafting of a so-called "Bayanihan 3" bill in the House of Representatives--a measure that is meant to serve as a response not only to the current fuel price crisis, but also future problems that would require a whole-of-government solution. Thus, said Committee on Ways and...
Amid the ongoing conflict in the Middle East that had pushed fuel prices, including liquified petroleum gas (LPG), to record highs, small eateries in Manila continue to grapple with the volatile economic situation, forcing them to turn to traditional and often cheaper alternatives just to keep...
Manila City Mayor Francisco "Isko" Moreno Domagoso announced on Tuesday, March 31, that the city government is increasing its subsidy for jeepney drivers participating in its "Libreng Sakay" initiative from P3,000 to P3,500 following the overwhelming success of the program 's rollout and the...
Fisherfolk group Pambansang Lakas ng Kilusang Mamamalakaya ng Pilipinas (Pamalakaya) warned on Tuesday, March 31, that fish prices may further increase during Holy Week due to higher demand and rising fuel costs. In a statement, the group said the ongoing oil price shock has “drastically...
A total of 23,630 beneficiaries belonging to various transport groups and sectors in Manila have received the P5,000 fuel subsidy courtesy of the national government as aid amid the skyrocketing of fuel prices caused by the Middle East war, Manila Mayor Francisco "Isko Moreno" Domagoso said on...
The Marcos administration has secured commitments from five nations to bolster its fuel inventory, with the Department of Energy (DOE) preparing to import more than one million barrels of diesel this April to shield the economy from global market volatility. In a briefing late Monday, March 30,...
ILOILO CITY – Sixteen gas stations temporarily closed in Western Visayas on Monday, March 30, after they ran out of fuel amid the ongoing Middle East war. Data released by the Police Regional Office-6 said the impact of 16 temporary closures is minimal as there are a total of 860 gas stations in...
Negros Occidental 3rd district Rep. Javier Miguel "Javi" Benitez has filed the proposed Resilient Economy and Stabilization for Crisis and Urgent Emergencies (RESCUE) Act, in response to the persisting fuel price crisis. Benitez said the measure was designed to establish a more comprehensive and...
The Manila City government recorded over 28,000 commuters who benefitted from the first day of its "Libreng Sakay" program on Monday, March 30, aimed at providing the public with free rides while the city government subsidizes the daily earnings of participating jeepney drivers. First announced by...
