Comelec/MB The Commission on Elections (Comelec) has welcomed the recent pronouncement of US State Department Spokesperson Ned Price that the recently concluded general elections in the Philippines was “in line with international standards.” “We are really thankful for that and that is the...
Cosco Capital, Inc., the listed retail holding firm of Lucio L. Co, reported a 5 percent improvement in consolidated net income to P10.5 billion last year from P10 billion in 2020. In a disclosure to the Philippine Stock Exchange, the firm said its 2021 earnings is also 13 percent better than the...
Puregold Price Club reported a slight improvement in consolidated net income to P8.18 billion last year from P8.07 billion in 2020. In a disclosure to the Philippine Stock Exchange, the firm said the marginal growth was principally driven by the continuous management effort to improve gross...
House Deputy Speaker Mikee Romero sees wisdom in Malacañang's call for the establishment of strategic fuel reserves that would be used by the state to cushion future fuel price hikes. In fact, such proposal is very familiar to the 1-Pacman Party-list representative. House Deputy Speaker Mikee...
Senatorial candidate Herbert “Bistek” Bautista on Thursday urged the public to brace for a continued surge in fuel prices as suppliers are likely to hoard stocks to push prices up. The UniTeam senatorial bet noted that oil prices are now being dictated by the ongoing war in Ukraine, the impact...
Brace yourself for potential pandesal price hikes. This, after Albay 2nd district Rep. Joey Salceda said Tuesday, April 5 that the next price hike on basic goods would probably be on bread and other baked goods. Traditional Filipino pandesal. There are different variations of the bread (Unsplash)...
Senator Joel Villanueva has called as "oppressive" the Commission on Elections' (Comelec) spending ban on government offices as members of various industries are in need of subsidies due to increasing oil price hike. Villanueva on Tuesday urged the poll body to suspend its moratorium on the Land...
Senator Sherwin Gatchalian on Thursday called on concerned government agencies anew to ramp up the distribution of fuel subsidy under the Pantawid Pasada Program to targeted beneficiaries as oil companies impose a new round of fuel price hike this week. Gatchalian noted it is already the end of...
Former senator Joseph Victor “JV” Ejercito on Friday renewed his call for the government to suspend the excise tax on fuel to mitigate the ongoing global crisis on petroleum products brought about by the conflict between Ukraine and Russia. Ejercito said it’s imperative for the government to...
Senator Grace Poe is still not satisfied with the government's move to increase the monthly subsidy to poor Filipino families from P200 to P500 by saying it "may look better on its face but there's a catch." Poe in a statement Thursday expressed concern that from the earlier promised year-long...
Senatorial candidate Herbert “Bistek” Bautista on Thursday said he supports the call for Congress to review the country’s oil price mechanism, noting how prices of fuel are being defined especially in the oil industry. Bautista made the call amid threats of more price increases as a result of...
Labor group Kilusang Mayo Uno (KMU) conducted a transport strike in Negros Occidental as part of its protest in junking the Oil Deregulation Law amid the bigtime and continuous oil price hikes in the country. The Oil Deregulation Law removed the government’s control on the pricing, exportation,...
