DoE warns: Oil prices may stay sky‑high for years
Filipinos may face prolonged high fuel prices as global disruptions in the Middle East continue to affect the oil supply, making a quick rollback unlikely.…
· 2 min read
Daily TribuneTopic
Filipinos may face prolonged high fuel prices as global disruptions in the Middle East continue to affect the oil supply, making a quick rollback unlikely.…
· 2 min read
The Supreme Court heard pointed arguments on Tuesday questioning the legality of “unprogrammed appropriations” (UA) in the national budget.
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The Supreme Court will begin hearing petitions this week challenging provisions in the 2026 national budget that allow the continued use of unprogrammed funds,…
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BANGKOK, Thailand (AFP) — When a Thai garage attendant refused to fill Preecha Ngernkasem’s jerrycans with the diesel he wanted, the temple attendant opened up…
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‘This is not what we want (the government intervening with peso slide against the US dollar). This is truly having an impact, and the weakening of the peso…
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The Department of Transportation (DoTr) said on Tuesday that it is allocating P1 billion from its 2026 budget to implement service contracting for drivers in…
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Many people think an energy crisis is a problem only for government officials, power companies and big businesses.
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Vacillation will not serve the country, as an economist said; if the expectation is that things will get worse, then it’s time to implement determined measures…
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The peso has slumped to a new record low on Monday, closing at 60.69 against the US dollar, as rising oil imports and escalating geopolitical tensions…
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At a time of hardship, such controversies deepen public distrust and sharpen the sense that the sacrifice is not equally shared.
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The private sector has stepped in, but it cannot substitute for coherent policy from the government.
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At any rate, it now seems the emergency declaration somewhat preempted or blunted criticisms of this administration’s credibility and competence.
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The global oil crisis is no longer a distant economic forecast; it is now at the doorstep of every Filipino athlete.
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For some families, however, traditions remain unchanged despite the financial strain. One parent said their family will continue their annual ‘Visita Iglesia,’…
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The Philippine peso sank to a new record low of P60.55 per US dollar on Friday afternoon as the crisis in the Middle East continued to weigh on the currency…
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The World Bank Group announced on Thursday (Friday, 27 March, Philippine time) that it will provide financial assistance to member countries — including the…
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This action follows nationwide protests since mid-March, as drivers face diesel prices nearing P120/liter and gasoline over P100, eroding profits despite…
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The strongest measure taken by the government thus far — the suspension of the excise tax on fuel — will have little effect in easing Filipinos’ suffering,…
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