Motorists and transport operators are bracing for another double-digit spike in fuel prices next week, as volatile shift in Middle East geopolitical rhetoric continues to rattle global energy benchmarks. Based on four days of trading under the Mean of Platts Singapore (MOPS), the regional pricing...
Senator Christopher “Bong” Go on Thursday, April 2, called on the government to implement a more responsive fuel relief mechanism in light of the oil price surges. Go, made the appeal even after the President’s signing of the law temporarily suspending excise tax, raising concerns over...
While there is no specific provision calling for immediate economic relief for the middle class families is stated in the report, Sen. Sherwin Gatchalian said the suspension of the excise tax, as well as the possibility of suspending the value added tax (VAT) may benefit all households. Gatchalian...
After surviving the Covid pandemic, Senate President Pro Tempore Panfilo "Ping" Lacson prays the world survives "Trump-26" or the policies, actions, and events that occurred during the second term of President Donald Trump in the year 2026. Lacson said this on Wednesday, April 1, as Filipinos...
NICOSIA, Cyprus (AP) — Skyrocketing oil and gas prices in Europe as a result of the ongoing Iran war won 't return to normal levels any time soon, even if peace is declared tomorrow, the European Union 's energy commissioner warned Tuesday. Commissioner Dan Jørgensen said although...
Police teams will be keeping an eye on illegal fare hikes amid reports that some buses and other public utility vehicles (PUVs) are overcharging their passengers, citing rising fuel costs as the reason. PNP chief Gen. Jose Melencio C Nartatez, Jr. said the move is intended to assist the Land...
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...
Eight bus companies and operators are now in trouble after they were accused of charging their passengers with additional fare without the approval of the national government. The Land Transportation Franchising and Regulatory Board (LTFRB) said it already issued a show cause order (SCO) against...
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...
A bill seeking to classify gasoline, diesel and other petroleum products as basic necessities, making them under the government’s price control mechanism has been filed in the Senate. Sen. Paolo “Bam” Aquino IV filed Senate Bill No. 2011, saying the proposed law will address the gap in...
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...
