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Despite the deregulation of the oil industry, the Department of Energy (DOE) and the Department of Justice (DOJ) retain sufficient authority to investigate and act against unreasonable increases in petroleum prices, House Minority Leader and 4Ps Party-list Representative Nonoy Libanan said. “Under the Downstream Oil Industry Deregulation Law of 1998, a DOE–DOJ Task Force was […]
All systems are go at the House of Representatives for a high-level joint hearing as 13 key committees convene in a coordinated push to fast-track measures easing rising fuel costs for Filipinos and deliver both immediate and long-term solutions. The hearing at the People’s Center Building, will be facilitated by Marikina City Representative Miro Quimbo, […]
The shift to a four-day workweek in some government offices due to the rising costs of fuel emphasizes the need to shift to renewable energy sources, a lawmaker said. According to Abra lone district Rep. JB Bernos, “the implementation of a four-day workweek in some offices in the Executive branch underscores the need for us […]
SMC Infrastructure will provide toll rebates for select public utility vehicles and cargo trucks using the South Luzon Expressway (SLEX) and STAR Tollway starting March 23, following the government’s call to help ease the impact on the transport and logistics sectors of rising fuel costs driven by the ongoing conflict in the Middle East. Eligible […]
The Department of Agriculture (DA) is moving to lock in fertilizer supplies from key global producers as oil-driven price spikes threaten farm output later this year. Agriculture Secretary Francisco Tiu Laurel Jr. said Manila has opened talks with several countries, including China and Russia, to ensure steady deliveries of the critical farm input. Tiu Laurel […]
President Ferdinand Marcos Jr. led a joint inspection with the Department of Agriculture (DA) and the Department of Trade and Industry (DTI) at Agora Market in San Juan City, stepping up efforts to monitor the prices and supply of food and other basic goods. During the visit, Marcos and key officials checked the “timbanagan ng […]
Solid North Party-list Rep. Ching Bernos expressed her support for the possible revival of the government’s Libreng Sakay program to help commuters amid an impending fare hike due to the rising prices of oil. “The revival of the Libreng Sakay program will benefit vulnerable sectors such as students and daily wage earners. I hope that […]
Amid the series of double-digit fuel price hikes, Parañaque 2nd District Representative Brian Raymund Yamsuan has proposed the establishment of a regular, continuing government program that would provide targeted financial aid to qualified beneficiaries in the farm and fisheries, and transport sectors. Yamsuan filed House Bill (HB) 8340 which aims to set up a comprehensive […]
Senator Kiko Pangilinan called on the government to suspend excise taxes on fuel and activate fuel subsidies programs to cushion the economic impact on Filipino workers of the escalating tensions in the Middle East. Doing so, Pangilinan said during his manifestation of Senator Erwin Tulfo’s privilege speech will mitigate the anticipated increase in prices of […]
Senator Chiz Escudero called on the Department of Energy (DOE) to put in place a comprehensive contingency plan against potential surge in prices of petroleum products amid the escalating tension in the Middle East to protect consumers, drivers, and local industries heavily dependent on oil. Escudero warned that any further instability in the region could […]