President Ferdinand Marcos Jr assured Filipinos on Tuesday that the country’s fuel supply remains secure despite volatility in global oil markets triggered by escalating tensions between the United States and Iran.
The Department of Agriculture is closely monitoring developments in the Middle East following a US airstrike on Iran, warning that a prolonged escalation could quickly ripple through Philippine agriculture through higher fuel, fertilizer, and freight costs.
The proposed removal of the P1,620 travel tax is raising alarms in the Philippine tourism sector as the Tourism Infrastructure and Enterprise Zone Authority (TIEZA) says critical infrastructure projects could face serious funding gaps.
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