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Results for "Transport groups"

17 stories found

Philippine Transport Groups Slam Fare Hike Suspension
PoliticsRapplerinquirerphilstar+1VnExpress1mo ago4 sources

Philippine Transport Groups Slam Fare Hike Suspension

Transport groups in the Philippines have criticized President Ferdinand Marcos Jr.'s decision to suspend an approved fare hike for land vehicles, arguing that their request for a P1 increase was urgent due to the ongoing fuel crisis.

Oil players favor VAT removal
Businessphilstar1mo ago

Oil players favor VAT removal

As the prices of fuel products surge, oil players have expressed support for removing the value-added tax to lower costs—a sentiment that has been reiterated by various transport groups.

Middle East Conflict Fuels Global Energy Crisis, Inflation, and Market Volatility
BusinessReutersBBCbloomberg+64NYTwsjFTThe GuardianAl JazeeraFox Newsyle-uutisetcnbc+56 more1mo ago67 sources

Middle East Conflict Fuels Global Energy Crisis, Inflation, and Market Volatility

The Middle East conflict continues to drive global economic concerns, with Europe bracing for a supply crunch and price shock, Euro zone consumers turning gloomier, and developing Asia and Pacific facing potential inflation hikes. European shares and global stocks and bonds have slid as the crisis pushes oil prices above $105, exacerbating a war-fuelled energy crisis felt across various sectors and regions.