ABU DHABI, United Arab Emirates – British Prime Minister Boris Johnson was to lobby Saudi Arabia and the United Arab Emirates to pump more oil to calm turbulent markets as he meets the Gulf states' leadership on Wednesday. Johnson arrived in Abu Dhabi for talks with Crown Prince Mohammed bin...
Senator Joel Villanueva on Wednesday backed the proposal of the country's economic experts to implement alternative work arrangements, particularly the work-from-home scheme, to cushion the impact of the continuous oil price hike on Filipinos. Villanueva, chairman of the Senate committee on labor,...
Malacañang on Wednesday, March 16, said the proposal for a four-day workweek and the extension of the work from home (WFH) arrangements are still being considered by President Duterte. (MARK BALMORES / MANILA BULLETIN FILE PHOTO) In a virtual Palace briefing, Presidential Communications...
Senator Grace Poe on Wednesday said that the P200 monthly subsidy to be given to the poor Filipino families amid the continuous oil price hike is not enough. In a statement, Poe said the government must not be frugal in terms of giving cash assistance to the poor Filipinos, saying a P200 per month...
President Duterte has approved the recommendation to retain the fuel excise tax under the Tax Reform for Acceleration and Inclusion (TRAIN) Law amid the continuing increase of oil and petroleum products prices, Malacañang announced. President Rodrigo Duterte (Malacañang photo) Communications...
Presidential aspirant Senator Manny Pacquiao on Tuesday stressed the need to conduct a special session among lawmakers to address the soaring fuel prices. In a video message sent to reporters, Pacquiao also pushed for direct subsidy for the members of the transport sector. According to the senator,...
The Department of the Interior and Local Government-Cordillera Administrative Region (DILG-CAR) urged its local government units (LGUs) to reactivate their respective Local Price Coordinating Council (LPCC) to prevent any businessmen from taking advantage of the oil price hikes to the prices of...
As part of its “tigil-palaot” or fishing strike protest amid the big-time oil price hike in the country, fishers’ group Pambansang Lakas ng Kilusang Mamamalakaya ng Pilipinas (Pamalakaya) suspended their fishing operations on Tuesday, March 15. The protests were simultaneously held in major...
The House Committee on Energy approved a substitute bill “subject to form and style” to amend the 1998 Downstream Oil Industry Deregulation Act or the Oil Deregulation Law. 71888 House Bill (HB) 10505, authored by Pampanga 2nd district Rep. Juan Miguel ”Mikey” Arroyo to amend the Oil...
Despite the improving pandemic situation in the Philippines, Senator Christopher "Bong" Go on Tuesday, March 15 urged the government to strengthen measures against other threats to the country’s economic recovery, particularly the soaring oil and gas prices brought by the Russia-Ukraine conflict....
Senator Risa Hontiveros said that the fuel subsidy to be distributed under the Pantawid Pasada Program will not be enough to keep the transport system running as the successive increases in oil prices are seen to affect the sector for a prolonged period. Senator Risa Hontiveros (Senate PRIB) "The...
Senatorial aspirant and human rights lawyer Chel Diokno has urged the government to rescind its Malampaya deal with Udenna Corp. and rechannel the latter's P50-million daily income from the agreement for fuel subsidy. Human rights lawyer Chel Diokno (FACEBOOK / FILE PHOTO / MANILA BULLETIN) Diokno...
