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Day: September 20, 2024

Institutionalized transparency in oil price movement pushed in Senate

Manila: Senator Sherwin Gatchalian on Friday urged his colleagues to enact a law that would institutionalize transparency in the movements of petroleum prices ensuring welfare and interests of consumers are protected. ‘To guarantee transparency and fair retail pricing, information related to any significant adjustments in oil prices should be made available to the public,’ Gatchalian said in a news release on Friday. A recent Supreme Court decision upheld the Court of Appeals’ rulings that affirmed the validity of a Department of Energy (DOE) circular which requires oil companies to unbundle or disclose the details of price adjustments, along with explanations

Tacloban causeway project gets P2.8-B outlay

The national government has allotted PHP2.8 billion for the construction of the Tacloban causeway project that will provide a shorter route from the city’s downtown to the airport, the Department of Public Works and Highways (DPWH) said on Friday. DPWH-Eastern Visayas Director Edgar Tabacon said the civil works have an accomplishment rate of 9.66 percent as of this month using the appropriations in 2022 and 2024. The budget will allow the DPWH to build a 1.43-kilometer portion of the 2.56-kilometer causeway from the city’s Magsaysay Boulevard to the airport complex, crossing the Cancabato Bay. ‘The vision is not just to

Poe raises concerns over implementation of revised toll guidelines

Manila: Senator Grace Poe on Friday raised concerns over the planned implementation of cashless toll plazas starting Oct. 1, citing issues of unreliable devices, lack of RFID (radio frequency identification) installation venues, and the absence of a single RFID for all tollways. Based on a joint memorandum circular signed by Transportation Secretary Jaime Bautista, motorists without an electronic toll collection device will face a fine of PHP1,000 for a first offense, PHP2,000 for a second offense and PHP5,000 for the third offense. In a statement, Poe emphasized the need for reliable technology and accessible RFID installation points to ensure a

Comelec: Party-lists allowed to run in 2025 polls out next week

Manila: The Commission on Elections (Comelec) is looking to release by next week the names of party-list organizations that would be allowed to participate in the May 2025 polls. Comelec chairperson George Erwin Garcia said Friday that all pending cases need to be resolved first before the poll body can release the list. “Once we are able to resolve everything by Monday, we can release the list by Friday next week at the most,” he said in a radio interview. Garcia noted that the petitions for accreditation are being resolved based on merits. Based on the calendar of activities for

Lyceum beats Arellano U in overtime

Manila: The Lyceum of the Philippines University relied on John Barba and Mclaude Guadana to pull off a 90-86 overtime win over Arellano University in the National Collegiate Athletic Association (NCAA) Season 100 men’s basketball tournament at the Filoil EcoOil Arena on Friday. Barba and Guadana combined for 11 points in the extra period as the Pirates improved to 2-2, in a tie with defending champion San Beda University, University of Perpetual Help, Emilio Aguinaldo College and San Sebastian College-Recoletos. Barba finished with 25 points, eight rebounds and three assists, while Guadana had 12 points. Gyle Montano contributed 17 points,