Gas price going down, diesel to go up next week

By Alena Mae S. Flores

PUMP prices are expected to have a mixed movement next week, with diesel and kerosene going up while gasoline will go down to reflect the movement of prices in the world oil market, according to the Department of Energy.

"Based on the 4-day trading, there will be a mixed movement on the prices of liquid petroleum products. Rollback for gasoline and increase for diesel and kerosene," DOE director for the Oil Industry Management Bureau Rodela Romero said. Industry sources said gasoline prices will likely be rolled back by P0.35 to P0.45 per liter, while diesel and kerosene will increase by P0.40 to P0.50 per liter.

Sources said the price estimates are still subject to change as they are based on the first four days of trading only.

"The rollback is still due to the monetary policy implemented by Central Banks of big countries to address inflation while the increase is attributed to the output cut of KSA for July to be joined by Russia and Algeria by August," Romero said. (See full story online at manilastandard.net)

Meanwhile, a survey conducted by the Social Weather Stations (SWS) showed that nearly half of Filipino adults know almost nothing at all about the MIF. (See full story online at manilastandard.net) on Thursday said it will further reduce the water allocation for MWSS to 48 cubic meters per second (cms) from 50 cms should the water level at Angat Dam fall below 180 meters.

Maynilad said it will hold a press briefing on Monday to disclose specific details on the impact of the lower water allocation.

Meanwhile, the newly created Water Resources Management Office under the Department of Environment and Natural Resources has released the guidelines for water conservation measures to be observed by all government offices pursuant to Memorandum Circular No. 22 issued by Malacañang in June. Rio N. Araja (See full story online at manilastandard.net) rized the importation of 440,000 metric tons of sugar.

"Despite the release of Sugar Order 06 import program series [for] 2022-2023, the further reduction of sugar production volume for Crop Year 2022-2023 is forecasted due to early start and early end of million, and in anticipation of the possible shortage of supply and to bridge the gap

By Charles Dantes

PRESIDENT Ferdinand Marcos Jr. lauded the rising number of Filipinos employed in the country based on the recent Philippine Statistics Authority's (PSA) Labor Force Survey on Friday.

"Ito yung talagang priority sa atin is trabaho, kaya't lahat naman ng ating ginagawa sa ekonomiya ay para mabigyan, hindi lang naman iyong underemployed na klase na trabaho kundi ang magandang trabaho na may future, may benefits," the President told reporters.

PSA reported that the number of unemployed persons ages 15 years old and above decreased to 2.17 million in May 2023 compared to 2.26 million recorded in April 2023.

The number is also way lower than the 2.93 million jobless Filipinos in May last year, with a difference of 760,000 individuals.

Moreover, the employment rate in the country has reached 95.7 percent, or equal to 48.26 million Filipinos employed in May 2023. (See full story online at manilastandard.net)

President hails rising number of working Pinoys IN BRIEF

Teves can't accept expected expulsion

SUSPENDED Negros Oriental Rep. Arnolfo Teves Jr said he expects the House of Representatives to come up with an expulsion verdict against him for his continued failure to physically show up in Congress to attend to his legislative duties.

In the event the House leadership comes up with such a decision, Teves said he will contest it.

“I don't see any cogent reason for me to be expelled, but they can always do that through a vote. My peers can be easily pressured to do so because if you don’t toe the line, it’s over for you,” Teves said at a virtual press conference.

Teves has been suspended by the House due to disorderly conduct amid his continued absence from Congress. Maricel V. Cruz

NBI chief sorry over sexy dancers

NATIONAL Bureau of Investigation director Medardo De Lemos has apologized for the "sexy dance" performance before NBI officials after a command conference on June 30.

De Lemos said they are finding out who brought the sexy dancers to the post-conference "fellowship."

"If this dance after the command conference offended the sensibilities of our citizens, particularly the women, we apologize," he said in a news conference.

"We will not hesitate to dismiss (the persons involved) if dismissal is the penalty," he added.

The Department of Justice (DOJ) will investigate the incident as well. Rey E. Requejo between the supply and the demand, the SRA finds it imperative to open a second import program to address the demand for CY 2022-2023," the order read.

The intention of the import program "is to ensure a sufficient actual supply of sugar for domestic consumption, as well as a two-month buffer stock," it added. With Othel V. Campos

In Brief

CAAP rushes works at Cotabato Airport

THE Civil Aviation Authority of the Philippines (CAAP) is rushing the ongoing expansion works at Cotabato Airport to meet its August deadline set by the Department of Transportation (DOTr).

The construction of the airport’s passenger terminal building (PTB) was one of the topics discussed by CAAP director general Manuel Antonio Tamayo and DOTr Secretary Jaime Bautista when they visited the airport and met with the officials of Bangsamoro Autonomous Region in Muslim Mindanao (BARMM).

The P45.5 million expansion project which is expected to be finished by August 30, 2023 covers the civil, architectural, mechanical, electrical and plumbing works.

Once completed, the airport’s capacity will be increased, accommodating 360 passengers at any given time, compared to its previous capacity of 250 passengers. The expansion will alleviate congestion and provide a more comfortable environment for travelers. Joel E. Zurbano

Briton wanted for sex crimes nabbed at NAIA

A BRITISH national reportedly wanted for various sex-related crimes was arrested by Immigration agents as the suspect tried to leave the country through the Ninoy Aquino International airport (NAIA) Bureau of Immigration Commissioner Norman Tansingco identified the Briton as William Hughes, 79, who was intercepted at the NAIA Terminal 1 during his attempted departure to Doha, Qatar.

Border Control and Intelligence Unit (BCIU) head Dennis Alcedo said that Hughes arrived last May 16 as a tourist.

The BI later received information from the United Kingdom National Crime Agency, saying that Hughes was involved and convicted in the crime of inciting or causing prostitution for gain involving a child 13 to 17 years.

Hughes was reportedly placed in the UK’s Sex Offenders’ register for life.

Following the information, the BI initiated deportation proceedings against Hughes. Vito

Barcelo

800 Caloocan students to take part in SPES

OVER 800 Caloocan City students will participate in the Special Program of the Employment of Student (SPES), made possible through the partnership of the city government’s Public Employment Service Office (PESO) and the Department of Labor and Employment (DOLE).

The students will have their orientation on July 4-6. They will be assigned to work at different city agencies and departments starting July 20.

Caloocan Mayor Dale Gonzalo Malapitan praised the students’ dedication and perseverance in earning a little to help with their own expenses and hoped that the program will also provide them with additional knowledge and skills.

“Bukod sa layuning makapaghatid ng pagkakakitaan, isa rin ito sa paraan upang linangin at dagdagan pa ang kakayahan at kaalaman ng mga Batang Kankaloo,” the mayor said. Jun David