News

TIP's Jorey Napoles makes it big in PBA draft

Camille B. Naredo, ABS-CBN News
Posted at Dec 17 03:51 PM

Jorey Napoles is the first player from the Technological Institute of the Philippines to be drafted to the PBA. Read more »

PBA: Mallari okay with NLEX's 'business move,' excited to join Phoenix

Camille B. Naredo, ABS-CBN News
Posted at Dec 13 07:35 PM

There were no hard feelings for Alex Mallari upon learning that he had been traded by the NLEX Road Warriors to the Phoenix Fuel Masters, just days ahead of the 2018 PBA Rookie Draft. Read more »

PBA: Phoenix acquires Mallari, Marcelo from NLEX

Camille B. Naredo, ABS-CBN News
Posted at Dec 13 02:42 PM

Phoenix has traded the No. 4 pick in the 2018 PBA Rookie Draft to NLEX, in exchange for Dave Marcelo and Alex Mallari. Read more »

What experts say on OPEC oil output cut

ABS-CBN News
Updated as of Dec 07 08:54 AM

Charles Nenner, CEO and founder of Charles Nenner Research, and Paul Hickin, associate director of S&P Global Platts, talk about the Organisation of the Petroleum Exporting Countries' (OPEC) decision to cut oil output and its implications. Read more »

Gasoline, diesel prices rise for first 3 trading days

ABS-CBN News
Posted at Dec 07 12:13 AM

A fuel price hike here at home is expected next week amid rising oil prices in the world market. Read more »

Alternative fuel, likha ng ilang kabataan mula sa mga pananim

ABS-CBN News
Posted at Dec 06 11:29 PM

Gamit ang gabi at iba pang pananim, nakagawa ang ilang kabataan sa Baguio ng alternative fuel. Read more »

Duterte: Don’t be so sad about being taxed

Dharel Placido, ABS-CBN News
Posted at Dec 05 10:35 PM

MANILA - President Rodrigo Duterte on Wednesday said the public should not be “so sad about being taxed,” after he gave the green light for the second tranche of the fuel excise tax hike in 2019. Read more »

Senators urge Duterte to postpone second fuel tax hike

ABS-CBN News
Posted at Dec 05 10:32 PM

President Rodrigo Duterte should reconsider the implementation of the second round of tax hikes on fuel, senators urged Wednesday, a day after the chief executive supposedly approved the recommendation of his economic team. Read more »

Diokno backs round two of fuel excise tax set for 2019

Jacque Manabat, ABS-CBN News
Updated as of Dec 05 11:07 PM

The TRAIN law scheduled excise tax increases every year for 3 years starting Jan. 1, 2018.  Read more »

Palengke protest against fuel excise tax

Jire Carreon, ABS-CBN News
Posted at Dec 05 05:23 PM

Vendors stage a “palengke protest” in a small market along Agham Road in Quezon City on Wednesday, after government announced it had approved the second tranche of a fuel excise tax in 2019. Read more »

European businessman bats for suspension of fuel tax hike

ABS-CBN News
Posted at Dec 05 05:01 PM

A European businessman said Wednesday that the government should suspend the second tranche of fuel excise tax increases next year amid uncertainty that the inflation will continue to slow down.  Read more »

Ilang gasolinahan sa Malolos, nakitaan ng mga 'paglabag'

ABS-CBN News
Posted at Dec 05 11:16 AM

Pinagpapaliwanag ang ilang gasolinahan sa Malolos, Bulacan ukol sa mga hinihinalang paglabag sa kalidad ng kanilang produkto, sinabi ng Department of Energy, Miyerkoles.   Read more »

France halts fuel tax hikes in bid to calm fiery protests

Agence France-Presse
Posted at Dec 04 10:39 PM

PARIS - The French government announced Tuesday that it would suspend planned increases in fuel taxes for six months in a bid to quell fierce protests that have ballooned into the deepest crisis of Emmanuel Macron's presidency. Read more »

Duterte OKs fuel excise tax hike

Dharel Placido, ABS-CBN News
Updated as of Dec 04 11:06 PM

MANILA - The fuel excise tax increase in 2019 will proceed after getting the approval of President Rodrigo Duterte, Budget Secretary Benjamin Diokno said on Tuesday. Read more »

Fuel prices decline for 8th consecutive week

ABS-CBN News
Posted at Dec 03 11:31 PM

As fuel prices roll back for another week, Philippine transport regulators move to slash minimum jeepney fares by P1. Read more »

Jeepney fare back to P9 in Metro Manila, Central Luzon, Southern Luzon

ABS-CBN News
Updated as of Dec 03 06:56 PM

The order is effective immediately after publication in newspapers of general and local circulation, the LTFRB said. Read more »

'State of insurrection' as fuel tax riots engulf central Paris

ABS-CBN News
Posted at Dec 02 08:35 AM

Rioters ran amok across central Paris on Saturday, torching cars and buildings, looting shops, smashing windows and clashing with police in the worst unrest in more than a decade, posing a dire challenge to Emmanuel Macron's presidency.  Read more »

Senators oppose 2nd tranche of fuel excise tax

ABS-CBN News
Posted at Dec 01 09:47 PM

Several senators have expressed opposition to the government economic team's recall of its earlier commitment of suspending the second tranche of excise tax on petroleum.   Read more »

Ilang tsuper, nangangamba na muling tataas ang presyo ng petrolyo

ABS-CBN News
Posted at Dec 01 03:05 AM

Nangangamba ang ilang jeepney drivers na muling tumaas ang presyo ng petrolyo at maging pangunahing bilihin oras matuloy ang pagpapatupad ng mas mataas na excise tax sa langis sa susunod na taon. Read more »

Consumers fear repeat of runaway inflation amid fuel excise tax hike

ABS-CBN News
Posted at Dec 01 01:14 AM

The Philippine economic managers' move to recommend pushing through the second tranche of fuel excise taxes next year are leaving consumers wary that the possible tax hike might lead to faster inflation. Read more »