Marcos administration expands toll and port fee waivers

The Marcos administration has lowered port and toll fees to mitigate oil price shocks from Middle East tensions, Malacañang announced yesterday. Executive Secretary Ralph Recto urged national agencies and local governments to help truckers of farm produce benefit from the toll and port fee holiday to ease food and transport costs.

Malacañang announced the reductions in port and toll fees as part of efforts to counter the impact of oil price increases triggered by Middle East conflict. Recto emphasized assisting all stakeholders in the food supply chain, including ships for inter-island transport.

The Maritime Industry Authority cut regulatory fees by up to 75 percent, covering vessel registration, accreditation, safety certificates, and covering permits. The annual tonnage fee is now P1 per gross tonnage for Philippine-registered vessels above 15 gross tonnage for 2025, payable in 2026, with full exemption for those 15 and below. It also suspended its January fee schedule from April 20, effective for a year or during the national energy emergency.

The Philippine Ports Authority reduced roll-on, roll-off terminal fees to P1 for vehicles carrying agricultural goods starting April 10, down from P258 to P516 previously. Tollway operators waived fees for Department of Agriculture-accredited cargo trucks, projecting over P100 million in savings.

Department of Agriculture spokesman Arnel de Mesa said consumers could see price stabilization or declines within the week due to transport savings of P1,300 to P6,000 per trip. The DA is expanding its Food Lane program to over 4,000 trucks from 1,162, with simplified digital registration, same-day approvals, and RFID for seamless toll access, prioritizing regions like Central Luzon and Calabarzon.

Relaterede artikler

Realistic photo of a Philippine gas station celebrating fuel price rollbacks to P23 per liter for diesel, with happy drivers amid jeepneys and price signs.
Billede genereret af AI

Fuel prices roll back up to P23 per liter starting April 14 after weeks of Middle East-driven hikes

Rapporteret af AI Billede genereret af AI

Oil firms confirmed price rollbacks effective 6 a.m. Tuesday, April 14, matching Department of Energy projections: diesel down P20.89 to P23 per liter, gasoline P4.43 to P4.50, and kerosene P8.50. The cuts end surges of over P100 on diesel since late February's Middle East crisis. President Marcos suspended excise taxes on LPG and kerosene, while a jeepney subsidy launches.

The Civil Aviation Authority of the Philippines (CAAP) will cut aeronautical fees and passenger service charges at its managed airports starting April 1 to mitigate rising fuel prices. The reductions follow directives from President Ferdinand Marcos Jr. and Transportation Secretary Giovanni Lopez. Rates vary by airport class and travel type.

Rapporteret af AI

Starting March 23, toll concessionaires will implement discounts for public utility vehicles, buses and freight services for two months, the Department of Transportation announced. The move aims to alleviate the impact of soaring fuel prices amid the Middle East crisis.

The US-Iran conflict has driven up oil prices in the Philippines, prompting calls to suspend excise taxes and regulate prices. Economists warn of drawbacks, including lost revenue and unequal benefits. Targeted aid for the vulnerable is seen as more effective.

Rapporteret af AI

In the wake of EPRA's sharp fuel price increases announced on April 14—with diesel up Sh40 to Sh206 per litre and petrol to Sh206—Kenya Transporters Association (KTA) and Truck Owners Association (TAK) have raised freight costs by 14% and 30% respectively, set to drive up nationwide goods prices.

Oil companies in the Philippines began implementing steep fuel price cuts on Tuesday, June 2, with diesel falling by P9.26 per liter. The Department of Energy set the reductions for the week of June 2 to 8.

Rapporteret af AI

The Department of Agriculture (DA) is rolling out a P5,000 subsidy to 9,570 farmers relying on mechanized equipment to cushion surging fuel prices. The P50-million sub-allotment was released after global oil prices surpassed $80 per barrel amid Middle East tensions.

 

 

 

Dette websted bruger cookies

Vi bruger cookies til analyse for at forbedre vores side. Læs vores privatlivspolitik for mere information.
Afvis