The government has no plans to borrow from international lending institutions to fund its response to the ongoing crisis in the Middle East, Malacañang said. In a press briefing, Presidential Communications Office (PCO) Undersecretary Claire Castro said the government currently has sufficient...
About 139,000 tricycle drivers in Metro Manila will receive a P5,000 cash subsidy from the government to help offset the impact of rising fuel prices, the Department of Social Welfare and Development (DSWD) announced on Thursday, March 12. DSWD Secretary Rex Gatchalian said the distribution will...
By JAYFERSON COMITAN For Jerry Capino, a jeepney driver, the surging prices of diesel and oil products means a lot of belt-tightening measures, including splitting his meal in half to cope with the crisis. “’Yung isang pirasong isda na tilapia, iyon na lang ang ulam ko. Kalahati sa umaga,...
CEBU CITY – Regular monitoring has been ordered in Danao City, northern Cebu province to prevent unabated price increases. Mayor Nito Durano ordered the city 's Price Monitoring Team and Business Permits and Licensing Office to regularly monitor the prices of basic commodities. This way,...
BAGUIO CITY – The city government said Wednesday that gasoline stations here are generally compliant with measures against overpricing and hoarding of fuel. Darryl Kim Longid, head of the city’s Public Order and Safety Division, in a video statement posted by the Public Information Office, said...
BACOLOD CITY – The Bacolod City Police Office (BCPO) is heightening its alert on the possible increase in crimes against property as a result of rising fuel prices. “We are crafting action plans in case of domino effect. Looting, theft, and robbery cases might increase. The Philippine National...
ZAMBOANGA CITY – Mayor Khymer Olaso has ordered the deployment of inspection teams to monitor prices of fuel and other commodities here. Olaso issued the order during the Local Price Monitoring Council on Wednesday, March 11, to implement measures to arrest hoarding and price manipulation due to...
The Department of Energy (DOE) has proposed allowing limited imports of biofuels to help lower gasoline pump prices amid rising global oil costs. During a Senate Committee on Energy hearing, Energy Secretary Sharon Garin said the country still has a sufficient supply of refined products such as...
President Marcos has ordered the immediate distribution of a P5,000 fuel subsidy for public utility drivers affected by rising oil prices amid ongoing tensions and conflict in the Middle East. Executive Secretary Ralph Recto said the financial assistance will be distributed starting next week to...
President Marcos said he would certify as urgent a proposed emergency powers bill aimed at enabling the government to respond quickly to spikes in global oil prices brought about by the tension in the Middle East. Speaking to reporters in New York on Tuesday, March 10 (New York time), the President...
BAGUIO CITY – The city government and national government agencies have teamed up in cracking down on overpricing of commodities amid soaring oil prices due to tensions in the Middle East. Mayor Benjamin Magalong on Tuesday said he ordered the Local Price Coordinating Council in a meeting on...
BACOLOD CITY – The City Treasurer’s Office (CTO) is monitoring gasoline stations here to ensure strict compliance with oil price regulations as global market pressures continue to drive up fuel costs. The monitoring followed the announcement of the Department of Energy (DOE) regarding...
