As oil companies implement hefty oil price hikes today, with gasoline prices reaching up to P68/liter and diesel prices up to P72/liter, transport group PISTON warns of worse inflation if oil prices continue to surge and if the national government will remain deaf on calls to urgently lower oil prices by suspending fuel value-added tax…
Transport group PISTON urges the Department of Transportation (DOTr) to rethink its plan to privatize the EDSA bus carousel next year, saying that privatization of public utilities does not guarantee efficiency, and in order to maximize private profits, often results in fare hikes. “Hinihikayat namin si Sec. Bautista na pag-isipan ito nang mabuti,” said Mody…
Transport group PISTON said that the volatile price of fuel in the country, coupled with the congested commuter lines and insufficient public transport, stresses the need for the national government to immediately take steps to fix the highly inefficient mass transport problems in the country, especially in the National Capital Region (NCR). Fuel prices are…
Transport group PISTON said that the P0.50 per liter diesel rollback is futile in the face of soaring inflation. To ease this, the group seeks the immediate suspension of VAT and excise tax on fuel and basic commodities as well as substantial hikes on emergency cash aid such as the Pantawid Pasada fuel subsidy program…
Despite the P0.35 – P1.10 / liter rollback this week, fuel prices remain high and damaging for ordinary drivers and consumers, said transport group PISTON. The group also said that without clear economic solutions from the government, the volatile price of oil that remains highly unregulated will only continue to aggravate the already grave economic…