As oil price hikes continue: Public faces higher cost of living, more eroded wages and income

The public is facing higher cost of living and more eroded wages and income this year as oil prices continue to spiral, according to independent think-tank IBON Foundation.
Jeepney drivers, for instance, will have to work doubly hard to earn a decent income for their families with unabated diesel price hikes. Last year alone, a jeepney [...]

Amid record-high oil prices: Think-thank renews call to repeal oil deregulation law

Drastic measures are urgently needed to minimize the vulnerability of the Philippines to high global oil prices. Independent think-tank IBON Foundation says this includes the immediate suspension and eventual repeal of the Oil Deregulation Law and setting up a mechanism for government control of oil price hikes to ensure reasonable pump prices.