Senate Deputy Majority Leader Joseph Victor “JV” Ejercito has called on government agencies to remain transparent to President Ferdinand “Bongbong” Marcos Jr. saying providing real-time assessments are crucial in dealing with the impact of the ongoing Middle East conflict. Ejercito warned...
Headline inflation, or annual price increases, soared to a 20-month high of 4.1 percent in March, as the war in the Middle East fueled skyrocketing oil prices. National Statistician and Philippine Statistics Authority (PSA) chief Claire Dennis S. Mapa told a press briefing on Tuesday, April 7, that...
The current fuel price crisis could quickly morph into a food crisis if the necessary interventions aren 't taken. Tingog Party-list Rep. Jude Acidre gave this warning on Monday, April 6, ahead of another round of hefty pump fuel price hikes. "The ongoing fuel crisis is not just a...
A ranking congressman from Manila is batting for a targeted subsidy program for middle class workers and micro, small and medium enterprises in lieu of an emergency measure patterned after pandemic-era "Bayanihan" laws. Manila 2nd district Rep. Rolando Valeriano, chairman of the House Committee on...
Senate President Panfilo “Ping” Lacson on Sunday, April 5, called for a decisive—even “extreme”—government intervention that would shield Filipinos from the relentless surge in petroleum prices. In an interview on radio DZBB, Lacson said the government ought to disclose its actions...
Businesses that demonstrate greed in times of crises--including the current phase of runaway fuel prices--will not be spared by the government. Thus, said Senator Francis "Kiko" Pangilinan, who on Black Saturday, April 4 reckoned that businessmen and traders must never profit from other people’s...
Stressing that the current fuel price crisis isn 't the Filipinos ' own doing, Cavite 2nd district Rep. Lani Mercado-Revilla says the government must take it upon itself to provide the people with immediate relief. “Hindi kasalanan ng Pilipino ang krisis na ito, pero sila ang unang...
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...
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...
Marikina City 2nd district Rep. Miro Quimbo believes that the Marcos administration won 't have to incur debt to make the envisioned "Bayanihan 3" law work and provide relief to Filipinos amid the fuel price crisis. In a virtual press conference Tuesday, Quimbo was asked whether or not he...
