DAVAO CITY --- Deputy House Speaker and Davao City Third District Representative isidro Ungab is pushing for a budget reallocation of some amount in the budget to fund his proposed transportation cash subsidy or "Ayuda" to public utility vehicle drivers and the agricultural sector badly hit by the continuing oil price increase to ease their burden. “The government … [Read more...] about Davao solon recommends budget reallocation for transport “Ayuda”
Oil price Hike
Anticipating impacts on oil price hike
Oil, although being a socially sensitive product, remains one of the country's key sources of energy, particularly for transportation. According to data, the Philippines utilizes about 400,000 barrels of oil every day. Furthermore, rising oil costs will undoubtedly harm the economy and people, particularly those earning less than the minimum wage, as they may cause inflation to … [Read more...] about Anticipating impacts on oil price hike