News Roundup 04 February 2023
Feb 04, 2023 • 3 min Read
Oil price cuts seen next week | PHILSTAR.COM – MANILA, Philippines — Pump prices are expected to go down significantly next week following a series of price hikes.
Cleanfuel said running trend showed a potential P1.90 per liter decline in gasoline prices and a P2.35 per liter decrease for diesel.
In an interview with dzBB yesterday, Department of Energy (DOE) Oil Industry Management Bureau director Rino Abad said there is a high chance that motorists would see a rollback next week.
Based on the first four trading days, Abad estimates the decrease in gasoline to reach P2 per liter, or even more than P2 per liter.
For diesel, he said the rollback would surely be higher than P2 per liter, probably near the P3 range. Kerosene is also seen declining by around P2.50 per liter.
Full Story at: Oil price cuts seen next week | Philstar.com
Philippines, US to restart joint patrols in South China Sea | PHILSTAR.COM – WASHINGTON, United States — The United States and the Philippines have agreed to restart joint patrols in the South China Sea as the longtime allies seek to counter China’s military rise, a US Defense Department statement said.
The two countries had suspended maritime patrols in the hotly contested area under the rule of former president Rodrigo Duterte.
During a visit to Manila by US Defense Secretary Lloyd Austin, he and Philippine counterpart Carlito Galvez “agreed to restart joint maritime patrols in the South China Sea to help address (security) challenges,” the statement said Thursday.
Full Story at: Philippines, US to restart joint patrols in South China Sea | Philstar.com
Hontiveros to DTI, DA: Build more cold storage units for farmers | INQUIRER.NET – MANILA, Philippines — Senator Risa Hontiveros on Saturday urged the Department of Agriculture (DA) and the Department of Trade and Industry (DTI) to build more cold storage facilities to help farmers.
Hontiveros and former senator Francis Pangilinan consulted with onion farmers in Occidental Mindoro, which is part of the largest onion-producing region Region 4B.
“We should give farmers what they need. Bago magsimula ang budget hearings ng Senado, dapat na maglabas ng plano ang DA at DTI para magkaroon na ng sapat na cold storage facilities ang ating mga magsasaka. Malaking kaluwagan ito hindi lang sa magsasaka, kundi sa mga konsyumer dahil maiiwasan na ang biglaang pagtaas sa presyo ng bilihin,“ Hontiveros said in a statement.
(We should give farmers what they need. Before budget hearings begin in the Senate, the DA and the DTI should present their plans to develop more cold storage facilities for our farmers. It will be a huge relief to our farmers, as well as consumers to avoid sudden price surges of goods).
Full Story at: Hontiveros to DTI, DA: Build more cold storage units for farmers | Inquirer News
Calabarzon top cop orders probe on police ties with drug syndicates | INQUIRER.NET – LUCENA CITY – The top police official in the Calabarzon (Cavite, Laguna, Batangas, Rizal, Quezon) region has ordered a deeper investigation into the extent of police involvement in the illegal drug trade after three cops in Dasmariñas City, Cavite were caught with P1.4 million worth of shabu (crystal meth) on Feb. 1.
Police Brigadier General Jose Melencio Nartatez Jr., commander of Police Region 4A, said he has directed Cavite police provincial director to immediately conduct a follow-up operation and thorough investigation “to unmask this drug group which involves the active police officers.”
“I will never let them drag the image of the organization,” Nartatez said in a report issued by the PRO-4A information office on Friday afternoon (Feb. 3).
He added: “This illegal act undermines our efforts to combat the drug problem in the country. Such actions are reprehensible and those involved must be held accountable to the fullest extent of the law.”Full Story at: Calabarzon top cop orders probe on police ties with drug syndicates | Inquirer News
