Big-time Fuel Price Rollback Expected Tomorow

Fuel prices are expected to rollback tomorrow, September 6. Both gasoline and diesel are having a significant price cut. According to the forecast, per-liter prices of diesel and gasoline should go down by Php 1.50 – Php 1.70 and Php 2.50 – Php 2.70, respectively. The projections were based on the average Mean of Platts […]

Cherry Cares Partners With UNI Ballpen For Bags Of Youth Program

Not a stranger to corporate social responsibility programs, Cherry Cares by MSN Foundation rekindles its partnership with UNI Ballpen in order to strengthen its Be Cool In School initiative. This effort is to place certain importance on accessible education in the country, especially for the younger population. It was attended by company President, Ms. Venus […]

Congress Urges DOTr To Remove Cash Lanes on Expressways

Through House Resolution 159, the Congress is directing the Department of Transportation (DOTr) and its attached agencies to remove cash lanes on expressways. According to the resolution, DOTr has already issued Department Order No. 2020-012 on August 13, 2020 requiring cashless or contactless transaction for all vehicles traveling on toll expressways. It was issued as […]

CHR Encourages Students To Take The Free Cyber Safety Modules From DepEd

The Department of Education (DepEd) is offering cyber safety modules for free and the Commission on Human Rights (CHR) is encouraging the public, especially students, to take advantage of it. The human rights body stressed the need to warn the public against the use of virtual platforms as exploitation venues for children and women. According […]

LTO Extends Validity of Vehicle Registration, Driver’s License Expiring in July

In two consecutive posts on Facebook, the Land Transportation Office (LTO) has extended the validity of all motor vehicle registration, driver’s license, student permit, and conductor’s license that are due this month of July. According to LTO, the extension for validity for both vehicle registration and driver’s license is in response to the rising COVID-19 cases […]

BOC To Auction 20 Luxury Cars Amounting to Php 100M

BOC Suspends Destruction of Smuggled Cars, to Auction Them Instead

Smuggled cars will no longer be crushed by the Bureau of Customs (BOC). Instead, the local agency will auction them for profit. According to Commissioner Rey Leonardo Guerrero, the Department of Finance has instructed the Bureau of Customs to auction the smuggled vehicles in their possession. This way, the Government can earn from the seized […]

World Bank Cancels Loans for Metro Manila BRT Project

The Metro Manila BRT project is officially canceled. Three years after agreeing to finance the project, the World Bank has decided to call off the project. According to local media reports, the World Bank saw little to no progress with the project despite having only six months left before its deadline. Therefore, “an extension cannot […]

BIR Now Looks Into Lifestyle Checks For Measuring Influencer Tax

Due to COVID-19 doleouts and other government expenditures last year, the Bureau of Internal Revenue (BIR) probed the country’s top 250 influencers for “influencer tax.” This is supposedly the returns the government is expecting based on research of the incomes a public figure can generate through social media posts and the like. With a new […]

The Philippine Smartphone Market Is Facing Shortages: What Now?

After an optimistic 2021 for the Philippine smartphone market, Counterpoint Research has reported that overall shipments are down by 5% YoY and 13% as compared to 2021 Q1. While those aren’t industry-shifting numbers, it will still have an inevitable impact on a gigantic industry such as this. This was reportedly caused by shortages of important […]

Big-time Fuel Price Rollback Expected Next Wee

Oil Firms to Roll Back on Diesel, Increase Gasoline

According to reports, the price of diesel will see a roll back while gasoline could go up next week. This means those with gasoline-fed vehicles should gas up this weekend while those with diesel-fed vehicles should wait until next week. Starting with the good news, a Php 3.80 per liter rollback is expected for diesel. […]

Digital Payments to be Required for Gov’t Transactions in the Philippines

In the Philippines’ push for digitalization, President Rodrigo Duterte recently signed Executive Order (EO) 170, which requires the use of digital methods for government transactions and payments. In the memo obtained by Rappler, it states that the “digitalization of payments is in line with the government’s thrust to develop an inclusive digital finance ecosystem”. This includes […]

LTO Extends Vehicle Registration Deadline Again

Through Memorandum Circular No. 2022-2327, the Land Transportation Office (LTO) has extended the registration deadline for motor vehicles with plate numbers ending in 5. The reason thereof, according to the agency, is the continuing enforcement of the nationwide community quarantine, as well as health and safety protocols due to the COVID – 19 pandemic. Therefore, those with […]