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Gas prices to go up by P1.40 per liter; kerosene prices by P6.10 per liter (Eagle News) – Effective Tuesday, Aug. 30, another big oil price hike happens with diesel prices forecast to increase as much as P6.10 per liter. Gasoline prices are also forecast to go up between P1.20 to P1.40 per liter, according to various social media posts by petroleum companies. Kerosene prices will also go up by P6.10 per liter. -2nd […]
by Ben PERRY Agence France Presse LONDON, United Kingdom (AFP) — Rush-hour commuters in the UK faced chaos on Tuesday as railway workers launched the network’s biggest strike in more than three decades, forcing people to trek to work on foot, by bike, bus — or simply not bother at all. The RMT rail union argues the strikes are necessary as wages have failed to keep pace with UK inflation, which has hit a […]
by Yelim LEE Agence France Presse INCHEON, South Korea (AFP) — South Korean truck drivers staged an eighth day of protests Tuesday over wages and rising fuel costs, further snarling global supply chains with a strike that officials say has caused more than $1 billion in losses. The industrial action has disrupted shipments and production for the crucial steel, petrochemical and automobile sectors, in an early test for new President Yoon Suk-yeol who has […]
(Eagle News) — The government would again be able to distribute P500 monthly fuel subsidies after the Commission on Elections granted the Land Transportation Franchising and Regulatory Board’s (LTFRB) petition to exempt the fuel subsidy program from the cash disbursement ban. Comelec announced its decision on Wednesday, April 6, while saying that the resolution on this will be issued later this week – on Thursday or Friday. “We granted the petition of the LTFRB […]
Price hike follows major rollback last week (Eagle News) – Oil companies are set to implement another price hike on Tuesday, March 28, with diesel prices increasing by P8.65 per liter, and gasoline by P3.40 per liter. Kerosene prices are also set to increase by P9.40 per liter. The price hike, the 12th this year, follows a rollback that happened last week due to the movement of world crude prices affected by Covid lockdowns […]
MADRID, Spain (AFP) — Thousands of demonstrators hit the streets across Spain on Saturday in protest at the soaring cost of food, light and fuel, which have been exacerbated by Russia’s invasion of Ukraine. The rallies, which took place in Spain’s main cities, were called by the far-right Vox party which sought to tap into growing social discontent over the spiralling cost of living that has left many families struggling to pay their bills. […]
Diesel prices expected to go down by P10.70 to P10.90 per liter, gasoline by P5.10 to P5.30 per liter (Eagle News) – For the first time this year, oil prices are expected to have a huge rollback after 11 consecutive price hikes, with diesel prices expected to be reduced by around P11 per liter and gasoline by around P5 per liter at least. This big time price rollback is due to the global movement […]
Claims suspending fuel excise tax would largely benefit the rich (Eagle News) – Finance Secretary Carlos Dominguez III said that the government expects to collect P147 billion in taxes this year from fuel, particularly P131.4 billion in excise taxes and P15.8 billion in VAT or value added tax. The funds to be generated from these taxes would be used for the government’s ‘Build, Build, Build” projects, and for the salaries of government employees, including […]
(Eagle News) – Another oil price hike will take effect on Tuesday, March 8, the biggest hike in oil prices this year Diesel prices will rise by 5.85 per liter, while gasoline prices will increase by P3.60 per liter. Prices of kerosene will also be increased by 4.10 per liter. This is the 10th straight week that oil prices have risen this year due to rising tensions between Russia and Ukraine. Various oil companies […]
(Eagle News) — The prices of cooking gas and auto liquefied petroleum gas (LPG) increased today, January 16. LPG supplier Fiesta, Solane and Petron increased their cost by Php 1.12 per kilogram or Php 12.00 for a standard 11-kilogram tank. Regasco on the other hand, will implement a price hike on Thursday, January 17. LPGMA Partylist Rep. Arnel Ty said importers needed to implement additional taxes, as the old stocks of petroleum products had already […]
(Eagle News) — Hihirit ng dagdag-presyo sa tinapay ang samahan ng mga panaderya sa bansa. Ayon kay Luisito Chavez ng Philippine Federation of Bakers’ Association, maghahain sila ng petisyon sa Department of Trade Industry anumang araw ngayong linggo kaugnay sa taas-presyo ng tinapay. Bagamat stable aniya ang presyuhan ng harina, mataas naman ang ibang sangkap sa paggawa ng tinapay bukod pa sa malaking singil sa kuryente, tubig at gasolina. Hindi naman masabi ng samahan kung […]
QUEZON CITY, Philippines (Eagle News) — Rice prices has increased by Php 1.00 to Php 2.00 per kilo in the third week of January 2018. The Kilusang Magbubukid ng Pilipinas shared the price monitoring report of the Philippine Statistics Authority which said that special well-milled rice increased by Php 1.00 per kilo while premium well-milled rice increased by Php 2.00 per kilo. “The price monitoring of the Philippine Statistics Authority (PSA) has noted rice price […]
