Seaoil meanwhile announced an increase in gasoline (premium and unleaded) by P1 per liter effective Friday.
Seaoil's increase follows other oil firms' hike in gasoline prices ranging from P0.75 to P1 per liter while diesel prices were cui by P1 to P2 per liter.
P5 per kilogram hike?
The Liquefied Petroleum Gas Marketing Association on Monday said prices of LPG could go up by P5 per kilogram as suppliers continue to experience tightness in LPG supply.
LPGMA president Arnel Ty said more than 30 percent of small LPG retailers have been severely affected by the LPG shortage. He said the delivery of 15 metric tons of LPG on Sunday would only last for four days.
Ty said the LPG supply shortage could last until March of this year after major LPG suppliers failed to place advance orders for cooking gas from international suppliers.
He also said the LPG shortage has led some suppliers to sell LPG for more than P500 per 11-kg tank.
LPG hoarding?
Vice President Noli de Castro on Wednesday said he is convinced that hoarding is the main cause of the supply shortage of liquefied petroleum gas in the country.
De Castro said he had met with members of the joint task force of the Department of Justice (DOJ) and Department of Energy (DOE) and its members have started a crackdown on LPG hoarders.
He said the DOE has also asked the Department of Trade and Industry (DTI) to help them control the prices of LPG in the local market and look at the possible filing of profiteering charges against erring LPG suppliers.
Meanwhile, De Castro advised the public not to panic because of the LPG shortage and instead purchase their cooking gas in advance.
The DOE said that LPG prices should only fall between P450 and P470. Some dealers, however, sell cooking gas at prices of P600, even P800.
Malacañang on Wednesday gave the Department of Energy (DoE) until mid-February to resolve an alleged shortage in cooking gas supply.
Oil prices rose Wednesday despite another government report showing that US crude stockpiles are growing as consumers and business slash spending on energy. Light, sweet crude for March delivery rose 58 cents to settle at $42.16 a barrel in trading on Nymex. The contract fell $4.15 Monday with bad news about housing and jobs sapping consumer confidence.
More than 500 dismissed workers from four different companies have filed complaints before the National Labor Relations Commission after they were not given separation fees.
The management of the Legacy Group of Companies, which owns the 13 rural banks that shut down last December, assured its more than 500 displaced employees nationwide of their benefits.
Aside from an increasing number of workers being laid off in 2009, the Philippines will also see declining hours of work, pressure for lower wages and less job security.
Implementation of the expanded value-added tax (EVAT) will continue despite current difficulties due to the deepening global economic crunch, a Palace official said Wednesday, adding that proceeds from the tax has helped cushion the Philippines from worse effects of the crisis.
POLICE arrested yesterday a friend of the call center agent whose body was found outside a hotel room, after investigators recovered the victim's wallet inside the friend's boarding house. Jonnelle Enfectana, 26, initially volunteered to sign a confession, but changed her mind Tuesday night and refused to cooperate further with Mandaue City Police Office (MCPO) investigators.
At 3:30 p.m., police arrested her inside the private ward of the Mandaue City hospital, where she was resting a day after being admitted. Investigators brought her to the MCPO and prepared a murder case against her.
Police already have the names of two possible accomplices and have asked the Criminal Investigation and Detection Group in Tacloban for assistance.
FOR the second week in a row, the body of a murdered young woman was found in Mandaue City yesterday. Drawn by the stench, a security guard found Emily Nuñeza, 24, partly hidden in a grassy lot behind a gasoline station in the North Reclamation Area.
She still had on her undergarments and a white shirt with stripes. A pair of jeans was found near the body. Rope burns marked her wrists and her neck, indicating she had been bound.
Police said that five days ago, Nuñeza told her friends she was meeting a man she exchanged phone numbers with during an FM radio show. It was their second meeting.
Department of Education in Central Visayas director Recaredo Borgonia said that he would want teachers included in the random drug test, aside from students.
Militant teachers push for the scrapping of a plan to conduct random drug testing on teachers and student for the measure is discriminatory and will violate human rights.
President Arroyo will remain as drug czar until mid-February pending the release of findings of an independent team tasked to look into alleged bribery charges in a controversial narcotics case.
Nilinaw ng Malacanang na wala pang inaaprubahang appointment si Pangulong Arroyo para sa appointment nina retired Maj. Gen. Jovito Pal paran upang maging mi yem bro ng Dangerous Drug Board gayundin si retired Vice-Admiral Tirso Danga bi lang director ng National Printing Office.
Napakyas sa pagtunga si Joavan Fernandez, ang anak ni Talisay City Mayor Socrates Fernandez sa gikatakdang arraignment niini sa kasong robbery didto sa sala ni RTC 7 branch 22 Judge Manuel Patalingjug kagahapon sa buntag.
A NEPHEW of Mayor Alfredo Arquillano of San Francisco town in Camotes Island was arrested for alleged possession of a firearm and ammunition in Barangay Pamatasan, Northern Poblacion late Tuesday night. Margarito Arquillano Jr., 36, who resides in Western Poblacion, was found in possession of an unlicensed .45 pistol, one bullet and a magazine. Five empty shells were also recovered at the scene.
A masiao tip sheet dated Jan. 24 was also reportedly found in Margarito's possession.
Margarito's arrest came barely two days after police arrested the mayor's administrative assistant and six other persons for illegal gambling.
A total of 5,183 dengue cases were recorded in Central Visayas last year, which means that there is a decrease of over 27 percent from the 7,108 cases reported in 2007, and a drop in mortality rate from 148 in the previous year to 111 in 2008, according to the Regional Epidemiology and Surveillance Unit.
Ang bise mayor sa lungsod sa San Fernando, Antonio Canoy gikiha og kasong pangawkaw ngadto sa buhatan sa Ombudsman-Visayas gumikan sa giingong pagpaburot sa presyo sa gipamalit niining trash bins niadtong 2006.
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