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MARCOS LAYS DOWN LABOR AGENDA WITH TUCP, ALU OFFICIALS By Rey E. Requejo and Maricel V. Cruz PARTIDO Federal ng Pilipinas standard-bearer Ferdinand “Bongbong” Marcos, Jr. vowed Wednesday to immediately address the problems hounding the labor sector to ensure better labor conditions for the country’s workforce if he is elected president in the May 9 national elections. In a meeting with officials of the labor-focused groups, Trade Union Congress of the Philippines and the Associated Labor Unions, the
64-year-old Marcos discussed the problems and issues that lay siege to the sector and outlined his plans and programs to address them. While he supports the creation of a separate department for migrant workers, Marcos said all the other agencies that deal with the labor sector should be streamlined. “I will have to put the layout in detail because the issue has become so involved. Lots to fix, structurally lots to fix. Agencies must be streamlined, because there are too many (offices), our workers, confused as to where Next page
ONE WITH LABOR. Partido
Federal ng Pilipinas presidential candidate former Sen. Ferdinand 'Bongbong' Marcos, Jr. (center) poses House Majority Leader and Leyte 1st District Rep. Martin Romualdez (right), Tingog party-list Rep. Yedda Marie Romualdez (2nd from left) and Trade Union Congress of the Philippines (TUCP) party-list Rep. Raymond Democrito Mendoza (3rd from left). Ver Noveno
Oil prices soar near $100/bbl May swing to $120 as Ukraine crisis deepens; PH recovery in peril
By Alena Mae S. Flores, Julito Rada and Othel V. Campos
Ukraine sets defense tack vs. Russia’s all-out attack
F
EARS of a possible full-scale Russian invasion of Ukraine have pushed the world price of oil close to $100 a barrel, a development that could slow down the country’s economic recovery.
UKRAINE'S security council on Wednesday approved plans to declare a state of national emergency as it mobilized its military reserve Wednesday and urged its citizens to leave Russian territory as Moscow sharpened its demands, increasing fears of all-out war. The measure, which must be
VOL. XXXVI • NO. 11 • 3 SECTIONS 12 PAGES • P18 THURSDAY, FEBRUARY 24, 2022 • www.manilastandard.net • mst.daydesk@gmail.com
Arnel Ty of the LPG Marketers Association warned that if Russia invades Ukraine and oil prices continue to spike, this could lead to a serious global shortage of the commodity. Ty said the impact of the Ukraine crisis is already being felt as oil prices soar. Other analysts raised fears that world oil prices could go as high as $120 per barrel. “The world oil market price continues to increase, and that affects our domestic oil retail price,” Ty said. “European countries are heavily dependent on Russian oil. If Europe shifts their oil requirements to the Middle East,
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ON TENTERHOOKS. Ukrainian National Guard servicemen stay in guard after activists set symbolic tomb crosses with the inscription "Russian occupier" during a rally outside the Russian embassy in Kyiv. (Below, from left) A handout picture released on February 23, 2022 by the press service of the General Staff of the Ukrainian Armed Forces in an unknown location of Ukraine shows a Ukrainian plane taking part in the exercises. Russian military vehicles, on the other hand, are seen loaded on train platforms some 50 km off the border with the self-proclaimed Donetsk People's Republic in Russia's southern Rostov region. AFP
(As of 4 PM, FEBRUARY 23)
Higher SRP seen with increases in production cost By Maricel V. Cruz and Macon Ramos-Araneta
EVERY PESO COUNTS. Marlito Reyes, a 57-year-old jeepney driver, counts his coins in front of a gasoline station along Rizal Avenue in Avenida, Manila, on February 23, 2022. Norman Cruz
THE successive increases in fuel prices have jacked up manufacturing costs, which may be passed on to consumers, Trade Secretary Ramon Lopez said Wednesday. In an interview with Dobol B TV, Lopez estimated that the higher fuel prices had a 3.5 percent impact on the cost of production. Manufacturers, however, have not
DFA starts to move Pinoys in Ukraine to safer ground By Vito Barcelo and Rey E. Requejo
positioned near parts of Eastern Ukraine, an official of the Overseas Workers Welfare Administration (OWWA) said THE PHILIPPINES has started in-coun- Wednesday. However, OWWA chief Hans Cacdac try relocation of Filipinos in Ukraine to Next page safer ground, as Russian troops reportedly
HELPERS NEED HELP.
A foreign domestic helper on her Sunday rest day packs up her belongings after an operation against people who fail to comply with social distancing measures at a subway in Hong Kong’s Central area on February 20, 2022, amid the city's worstever coronavirus outbreak. AFP
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NCR mayors push for Alert Level 1 by Mar. 1 By Joel E. Zurbano, Macon Ramos-Araneta and Willie Casas
THE Metro Manila Council recommend- Capital Region under Alert Level 1 beed Wednesday to the Inter-Agency Task ginning March 1. Force for the Management of Emerging Metropolitan Manila Development Infectious Diseases to place the National Next page
ATC: 16 ORGS HAVE LINKS TO CPP-NPA
PULSE, OCTA: BE WARY OF KALYE SURVEY
NEWS / A3
NEWS / A4
Govt to send medical team to HK to care for sick OFWs By Vito Barcelo THE Philippines is planning to send a medical team to Hong Kong to assist overseas Filipino workers who have tested positive for COVID-19, the Over-
seas Workers Welfare Administration said yesterday as the city reels under its worst coronavirus outbreak to date. “[Labor Secretary Silvestre III] Bello said this is what we are planning [to do]...Some of our OFWs are in the
isolation facility by the Hong Kong authorities. So, there must also be coordination, proper coordination with the Hong Kong authorities,” OWWA administrator Hans Leo Cacdac said. Next page