Tag: hike

Continuing oil price hikes likely with ongoing Ukraine-Russia conflict, DOE warns

Advisory notes “inevitability of domestic price spikes” reflecting global market movements (Eagle News) – Oil price hikes would most likely continue due to the ongoing Ukraine-Russia crisis, according to the Philippine Department of Energy. The DOE issued an advisory over the weekend warning the public against the “impending increase in the price of petroleum products” that would take effect this week, particularly on Tuesday, April 26. The ongoing Russia-Ukraine crisis translates to instability in world […]

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Pres. Duterte directs suspension of hike in Philhealth contributions due to virus pandemic

  (Eagle News) – President Rodrigo Duterte directed the suspension of increase in contributions to the Philippine Health Insurance Corporation (Philhealth) saying this is not the proper time for this. Duterte said that he had already directed Philhealth chief Dante Gierran not to implement the scheduled hike this year of Philhealth contributions. “There is a move to increase the contribution ng mga members. At this time of our life, may I just suggest to the […]

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Health Secretary Duque calls for suspension of hike in OFWs’ PhilHealth premium contributions

(Eagle News)–Health Secretary Francisco Duque III on Monday, May 4, called for the suspension of a provision in the Universal Health Care law’s implementing rules and regulations that specified a hike in the premium contributions of Overseas Filipino Workers. Duque made the call in a Tweet, following complaints over the 3 percent hike amid the COVID-19 pandemic. “I call for the suspension of Section 10.2.C of the IRR (implementing rules and regulations) of the UHC […]

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PhilHealth urged to delay hike in OFW premium contributions

(Eagle News)–Senator Bong Go on Monday, May 4, urged the Philippine Health Insurance Corp. to delay the implementation of a 3 percent increase in premium contributions of Overseas Filipino Workers or the collection of payments. In a statement, Go, Senate health committee chairman, added PhilHealth could also amend its circular on the hike that supposedly covers “Overseas Filipinos in Distress” too. The senator said  affected OFWs are now relying on the government for the P10,000 […]

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Hike on electric charges looms

Right after a decrease on electricity charges this month, a looming hike is anticipated next month due to the four centavo per kilowatt-hour charge which will be used for investments in renewable energy.

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