The management of the Metro Rail Transit-3 will refile the petition for fare increase anytime this week, a ranking official of the Department of Transportation (DOTr) said on Monday, Dec 4. In a press briefing, DOTr Assistant Secretary Railways Jorjette B. Aquino explained the necessity to increase...
CAGAYAN DE ORO CITY – The city council here passed proposed Resolution No. 2023-542 during its regular session on Tuesday, November 28, requesting the Cagayan de Oro City Water District (COWD) to defer its proposed 60 percent water rate increase in the next three years. Councilor Joyleen Mercedes...
DAVAO CITY – The provisional P1 jeepney fare increase effective last October 8 will not help alleviate the conditions of the Public Utility Jeepney (PUJ) drivers in the Philippines amid increasing cost of fuel, transport group Transmission-Piston said. Larry Arguilles, spokesperson for...
Finance Secretary Benjamin E. Diokno believes that borrowing costs in the country have hit a ceiling. On the sidelines of the Retail Dollar Bond 2 listing on the Philippine Dealing and Exchange Board on Monday, Nov. 6, Diokno stated that there is no rationale to warrant a further increase in...
Happy driving days will continue for Filipino consumers next week as oil prices will continue to track downtrend at the domestic pumps, according to the calculation of the oil companies. Based on the estimates of the industry players, the price of diesel in particular will have a heftier rollback...
ILOILO CITY – The National Wages and Productivity Commission (NWPC) of the Department of Labor and Employment (DOLE) has announced that workers in Western Visayas will receive a P30 daily wage increase starting on November 16. GROCERY store employees rest in Iloilo City. (Tara Yap) The NWPC...
The Department of Energy (DOE) has ordered and deployed personnel to carry out physical inspection of the delayed liquefied natural gas (LNG) import facilities, as the snagged kick-off of their commercial operations have been triggering spikes in electricity rates being passed on to consumers....
After 11 weeks of financial torment at the gasoline stations, consumers can finally heave a sigh of slight relief as oil prices will be on rollback at the pumps by Tuesday (September 26), based on the calculation of the oil companies. According to the industry players, the price of diesel products...
Senate Minority Leader Aquilino “Koko” Pimentel III said that he is open to proposals of suspending the excise tax on imported oil and bio-ethanol as an immediate measure to bring down the fuel prices in the country. “The suspension of the excise tax could offer a temporary respite and serve...
ACT-CIS Party-list Rep. Erwin Tulfo (Facebook) Oil companies made numerous requests to House Speaker Martin Romualdez but offered nothing concrete in return during their consultative meeting Monday, Sept. 18 on the fuel price surge problem. Thus, said...
LAOAG CITY, Ilocos Norte – The Ilocos Norte Electric Cooperative (INEC) announced a reduction in the power rate for residential customers in this province this month. In an advisory, INEC said the residential power rate is down to P11.5517 per kilowatt hour (kWh) inclusive of Value-Added...
CEBU CITY – Establishments in Central Visayas were reminded to ensure that the new minimum wage increase will be implemented starting October 1. Lilia Estillore, Department of Labor and Employment-Central Visayas (DOLE-7) director, said random inspections will be conducted in small, medium, and...
