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Tag Archives: fuel

Hefty fuel price rollback takes effect November 13

Back to back hefty fuel price cuts prompts a consumer group to seek price adjustments for basic commodities. The rollback is also stoking the revocation of the newly approved jeepney fare hike. – Business Nightly, ANC, November 12, 2018 Let’s ...

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Fuel marking seen to curb smuggling starting 2019

Oil smuggling is expected to decline after the government signed the contract with the joint venture of SGS Philippines Inc. and Switzerland-based SICPA SA for the rollout of the fuel marking program beginning 2019. The Department of Budget and Management’s ...

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Diesel Fuel and Polluted Air Are Killing Filipinos

Smog-filled metropolis—a daily occurrence. Photo: Manila Bulletin ccording to the website of the Philippine Council for Health Research and Development (PCHRD), an agency of the Department of Science and Technology (DOST), lung cancer is “the top cause of cancer-related deaths ...

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Philippine Airlines may seek higher fuel surcharge

MANILA – Philippine Airlines may seek a higher fuel surcharge than previously petitioned to regulators as fuel costs continue to rise, its president, Jaime Bautista, said Thursday. The original petition, filed last December, sought a P51 to P207 surcharge. Rival ...

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Bill seeking fuel tax rollback eyed to hurdle Senate in July: Aquino

MANILA – Senator Bam Aquino on Saturday said the bill that seeks to roll back excise taxes on fuel, should inflation breach the government's ceiling, might hurdle the Senate in July. "July na ho 'yan. Feeling ko naman po 'pag ...

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DOE: Gov't can't stop retail fuel prices from going up

The Department of Energy admits, with world oil prices on the rise, the government cannot control fuel rates from surging. This, as motorists continue to complain over weekly fuel price hikes. – The World Tonight, ANC, May 23, 2018  Let’s ...

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Airlines asking for fuel surcharges as oil prices keep rising

MANILA – Two local airlines are asking to be allowed to collect fuel surcharges, the Civil Aeronautics Board (CAB) said Tuesday.  CAB disallowed fuel surcharges 3 years ago as world oil prices then were falling almost every week, but the ...

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Foreign investors concerned over rising fuel prices, businessman says

On this week's “Outside Looking In,” we go deeper into rising inflation stoked by higher duties on fuel. Guenter Taus, president of the European Chamber of Commerce of the Philippines, believes the government should halt its implementation. – Business Nightly, ...

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Some foreign businessmen back suspension of fuel tax: ECCP

MANILA – Some foreign investors are in favor of suspending excise taxes on fuel to assess its impact on the prices of basic goods, the head of a European trade group said on Wednesday. A second tranche of reforms, which ...

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Higher fuel prices cut into sales volume of oil industry giants

Tax reform is partly to blame for the recent upward trend of oil prices. As Warren de Guzman tells us, soaring energy costs are cutting into the revenues of jeepney drivers and even fuel industry giants. – Business Nightly, ANC, ...

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