President Marcos has ordered to reduce the trigger period in providing fuel subsidy to the transport sector. President Ferdinand 'Bongbong' Marcos Jr. presides over a sectoral meeting in Malacañang on Oct. 24, 2023. (Photo courtesy of PPA Pool/KJ Rosales) From three months, the...
The Social Security System (SSS) has returned to the Bureau of Treasury (BTr) P5.7 billion unutilized fund for the Small Business Wage Subsidy (SBWS) Program of the Department of Finance (DOF) to help small business employers and employees during the Covid-19 pandemic. In its Peformance Audit...
A total of 128,912 operators of public utility vehicles (PUVs) have been included in the list of the beneficiaries of the fuel subsidy through a cash assistance from the national government amid the continuous increase in the prices of petroleum products in the past weeks, the Land Transportation...
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...
Senator Juan Edgardo “Sonny” Angara on Friday, September 22, welcomed the Commission on Elections’ (Comelec) decision to exclude the government fuel subsidy program from the ban on spending during the election period for the 2023 barangay and Sangguniang Kabataan (SK) polls. With this,...
The Commission on Elections (Comelec) has granted the petition of the Land Transportation Franchising and Regulatory Board (LTFRB) to exempt the distribution of fuel subsidy from the spending ban for the barangay and Sangguniang Kabataan elections. The spending ban was the reason why the LTFRB...
BACOLOD CITY – The city government recently released a one-time fuel subsidy of P1,000 to tricycle drivers here to enable them to cope with oil price hikes. TRICYCLE drivers receive a one-time fuel subsidy amounting to P1,000 from the city government led by Mayor Alfredo Abelardo ‘Albee’...
Beneficiaries of the government’s fuel subsidy program for the transport sector will have to wait for a little more time before they would receive the cash assistance, the Land Transportation Franchising and Regulator Board (LTFRB) said on Wednesday, Sept. 13. LTFRB Executive Director Robert Peig...
Starting Wednesday, Sept. 13, the Land Transportation Franchising and Regulatory Board (LTFRB) will be distributing the fuel subsidy to operators of public utility vehicles (PUVs) after the agency received the fund from the Department of Budget and Management (DBM). LTFRB chairperson Teofilo Guadiz...
The release of P3 billion for the implementation of a fuel subsidy to the transport sector affected by rising fuel prices has been approved by the Department of Budget and Management (DBM). According to Budget Secretary Amenah F. Pangandaman, the fuel subsidy aims to offer assistance to around 1.36...
The Department of Social Welfare and Development (DSWD) on Wednesday, Sept. 6 said the decision to postpone the full implementation of the new lifeline rate program until January 2024 will enable the enrollment of more Pantawid Pamilyang Pilipino Program (4Ps) beneficiaries. The full rollout of the...
The Department of Budget and Management (DBM) said the government's one-time fuel assistance, aimed at helping public transport drivers and operators cope with skyrocketing gasoline and diesel prices, is expected to be released this week. Budget Secretary Amenah F. Pangandaman said the Department...
