DepDev simulates Middle East conflict impact on PH economy: Diesel could reach P96/L, March inflation up to 7.5%

As the U.S.–Iran conflict escalates, the Department of Economy, Planning, and Development (DepDev) said the agency developed two scenarios to simulate the war’s potential impact on the Philippine economy. DepDev Planning Undersecretary Rosemarie Edillon presented Scenario 1 and Scenario 2 in the committee hearing of the House of Ways and Means. Under Scenario 1, Edillon said oil prices could rise to $99.8…

Oil firms roll out staggered fuel hikes as prices surge up to P24/liter

Oil companies in the Philippines will implement staggered fuel price increases this week, with total adjustments expected to reach as much as P24.25 per liter for diesel and over P10 per liter for gasoline, according to the Department of Energy (DOE). Industry players including Pilipinas Shell Petroleum Corporation, Petron Corporation, Chevron Philippines, Jetti Petroleum and Seaoil Philippines will implement staggered increases across…

Vietnam to remove fuel tariffs amid supply disruption due to Iran war

 Vietnam is planning to remove its import tariffs on ​fuels to ensure supplies amid disruptions ‌caused by the military conflict in the Middle East, the government said. The tariff removal ​is expected to last until the ​end of April, the government said ⁠in a statement issued late on ​Sunday, adding that a resolution is being ​prepared by the Ministry of Finance. ($1…

Is Trillanes undermining Leni, Bam to make way for Risa?

With the 2028 presidential race now less than two years away, former senator Antonio “Sonny” Trillanes IV has drawn fresh lines inside the so-called opposition—this time targeting Sen. Bam Aquino in a way that inevitably puts former vice president and now Naga City Mayor Leni Robredo in the same frame. On its face, the dispute centers on where cases against former president…

Malacañang under fire as fallout grows over removal of career DOH officials

With the perceived ouster of career health officials, Malacañang now stands accused of putting institutional stability and expert leadership at risk for political convenience. The uproar follows the exit of Health Undersecretary Maria Rosario Singh-Vergeire and other veteran DOH officials in what appears to be a politically motivated shake-up. About 55 professional medical groups signed a joint statement expressing concerns of what…

SPECIAL REPORT: Laguna Lake on the verge of becoming the Philippines’ largest septic tank

The Laguna Lake is fast deteriorating into the country’s “biggest septic tank,” Biñan City Rep. Walfredo “Arman” Dimaguila Jr. warned on Saturday, August 2. In an interview on DZRH News’ Special on Saturday, Rep. Dimaguila urged the Marcos Jr. administration to take urgent and science-based action to rehabilitate the vital water body affecting millions across Southern Luzon and Metro Manila. “Magkakaroon na…

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