Wednesday, April 29, 2026


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Emergency powers para kay Pangulong Marcos inaprubahan ng House panel

MAYNILA — Inaprubahan ng House Committee on Ways and Means ang isang substitute bill na naglalayong bigyan ng emergency powers si Ferdinand Marcos Jr. upang matugunan ang posibleng matinding epekto ng pagtaas ng presyo ng produktong petrolyo sa pandaigdigang merkado dulot ng krisis sa Middle East.

Sa ilalim ng panukala, papayagan ang Pangulo na pansamantalang magsuspinde o magbawas ng excise tax sa mga produktong petrolyo bilang tugon sa pagtaas ng presyo ng langis. Ang emergency powers ay ipatutupad sa loob ng anim na buwan, ngunit maaari itong paikliin o palawigin depende sa galaw ng presyo ng langis sa pandaigdigang merkado, gayundin sa magiging desisyon ng Kongreso na maaaring mag-extend ng kapangyarihan hanggang isang taon.

Nakasaad din sa panukala na maaaring magsuspinde o magbawas ng excise tax ang Pangulo kapag ang average na presyo ng Dubai Crude oil ay umabot o lumampas sa $80 kada bariles.

Pinapayagan din ang Pangulo na ipatupad ang pagbawas o suspensyon ng excise tax kung may idineklarang state of national emergency o kalamidad na magdudulot ng pambihirang pagtaas sa presyo ng petrolyo.

Ayon sa panukala, kinakailangan namang magsumite ang Pangulo, sa pamamagitan ng Secretary of Finance, ng ulat sa Kongreso sa loob ng 15 araw mula sa pagpapatupad ng hakbang. Dapat ilahad sa ulat ang naging batayan ng suspensyon o pagbawas sa excise tax, ang tinatayang mawawalang kita ng pamahalaan, at ang posibleng epekto nito sa inflation.

Sinabi ni Miro Quimbo, chairman ng komite at kinatawan ng Marikina City, na ihahain ang panukala sa plenaryo ng House of Representatives of the Philippines upang agad itong matalakay at maaprubahan.

Markets bet on a quick end to Iran war despite escalating threats

Global markets signaled confidence that the war involving Iran could end quickly, even as threats from both sides intensified and fighting on the ground continued to escalate.

Investors reacted strongly on Tuesday to statements by former U.S. President Donald Trump suggesting the conflict could conclude far sooner than initially expected. Trump indicated that the United States was “very far ahead” of his earlier estimate of a four- to five-week timeline for the war, prompting traders to scale back fears of a prolonged disruption to global oil supplies.

The shift in market sentiment came despite stark warnings from Tehran. Iran’s Islamic Revolutionary Guards Corps declared that no oil would leave the Middle East until U.S. and Israeli attacks cease, raising concerns that tanker traffic could be blocked. Trump responded with a sharp warning, saying that any attempt to obstruct oil shipments would be met with military retaliation “twenty times harder.”

Oil markets initially reacted with alarm before reversing course. Brent crude surged on Monday to nearly $120 per barrel, its highest level since mid-2022, before retreating sharply to around $92 by Tuesday morning. Trading volumes in crude futures remained relatively low, suggesting that many investors were still reassessing the risk outlook.

Equity markets in Asia and Europe also rebounded from earlier losses, reflecting a broader belief among investors that the conflict may not escalate into a prolonged disruption of energy flows. However, analysts cautioned that the apparent optimism may be premature.

Suvro Sarkar of DBS Bank noted that key Middle Eastern oil benchmarks, including Murban and Dubai crude, remain above $100 per barrel, indicating that underlying supply pressures persist despite the pullback in global benchmark prices.

While financial markets reacted to political signals, conditions on the ground remain severe. Residents in Tehran reported some of the heaviest bombardment since the conflict began, with widespread strikes across the city damaging homes and spreading fear among civilians.

“It was like hell. They were bombing everywhere, every part of Tehran… my children are afraid to sleep now. We have nowhere to go,” one resident said.

Military calculations are also shaping the pace of operations. Sources familiar with Israeli planning told Reuters that Israeli forces are operating under the assumption that Trump could halt the conflict at any moment, prompting commanders to intensify strikes on Iranian targets before any potential ceasefire takes effect.

At the same time, Iran has signaled defiance against external pressure by appointing hardliner Mojtaba Khamenei as the country’s new Supreme Leader following the death of Ali Khamenei. The move underscores Tehran’s resistance to U.S. influence over its leadership and suggests that political concessions from Iran are unlikely despite mounting military pressure.

The conflict has already disrupted shipping routes through the Strait of Hormuz, a vital artery for global oil trade. Policymakers have discussed contingency measures, including easing sanctions on Russia and releasing strategic petroleum reserves, steps that markets interpret as potential safeguards against a prolonged energy crisis.

Nevertheless, analysts say the strategic objectives of the parties involved may complicate efforts to end the war quickly. A rapid ceasefire aimed at restoring oil flows could leave Iran’s leadership intact, which contrasts with previous U.S. calls to influence Tehran’s succession. Israel, meanwhile, is widely seen as pursuing broader goals, including weakening Iran’s regional military capabilities and pushing for regime change.

The humanitarian toll of the war continues to mount. Iran’s ambassador to the United Nations reported that at least 1,332 civilians have been killed and thousands more wounded since the airstrikes began. Iranian missile and drone attacks targeting Gulf states have damaged infrastructure, forced airport closures, and disrupted tourism facilities. Israeli retaliatory strikes in Lebanon have also killed dozens amid ongoing operations against Hezbollah.

Inside Iran, the government has moved to suppress dissent following the death of Ali Khamenei. Authorities have cracked down on anti-government protests, while large rallies supporting Mojtaba Khamenei have demonstrated public mobilization behind the country’s hardline leadership.

Despite the market’s apparent confidence in a short conflict, analysts warn that the broader geopolitical picture remains uncertain. Oil prices continue to be highly sensitive to supply disruptions, and the risk of further escalation persists as military operations and political decisions unfold.

The war underscores the complex interplay between geopolitical strategy, economic stability, and human cost. A swift resolution could stabilize energy markets and ease pressure on the global economy, but it may leave several strategic objectives unresolved. Conversely, a prolonged conflict could trigger sustained oil shocks, deepen regional instability, and carry wider economic consequences reminiscent of past Middle East crises.

For now, markets appear to be responding more to political signaling than to the realities of the battlefield. Yet analysts stress that volatility is likely to continue as long as military operations, leadership decisions, and supply chain vulnerabilities remain in flux, leaving the ultimate trajectory of the conflict uncertain.

DEPDev warns of severe inflation risk as Middle East conflict escalates

The Department of Economy, Planning and Development (DEPDev) warned that inflation in the Philippines could surge beyond 7 percent if the conflict involving the United States, Iran, and Israel intensifies and disrupts global oil supplies for an extended period.

During a briefing to members of the House of Representatives on Tuesday, Socioeconomic Planning Secretary Arsenio Balisacan presented two possible economic scenarios outlining the potential impact of rising oil prices on the country’s inflation outlook and broader economy.

Under the first scenario, global crude oil prices would average around $100 per barrel in March and remain above $80 per barrel until May. In the second and more severe scenario, crude oil prices could climb to an average of $140 per barrel and stay above $80 per barrel until September.

Balisacan said that under both scenarios, inflation could exceed the government’s preferred range of 2 percent to 4 percent due to higher fuel costs and rising prices of non-food and food commodities.

In the first scenario, inflation is projected to accelerate to between 4.5 percent and 5.1 percent in March before easing slightly to 4.5 percent to 4.8 percent in April. For the full year 2026, inflation would average between 4 percent and 4.2 percent before further slowing to around 3.5 percent to 3.6 percent in 2027.

Under the more severe scenario, inflation could surge to between 6.3 percent and 7.5 percent in March and remain elevated at 6.4 percent to 7.5 percent in April. Inflation for the entire year of 2026 could average between 4.5 percent and 4.8 percent before easing to 3.6 percent to 3.7 percent the following year.

Before the Middle East conflict erupted, DEPDev had already anticipated a modest rise in inflation due to base effects from the relatively low inflation environment in 2025. In its pre-conflict baseline forecast, the agency expected inflation to average 3.6 percent in 2026 and 3.2 percent in 2027.

The potential spike in oil prices could also significantly affect domestic fuel costs. Under the severe scenario, diesel prices could jump by as much as 62 percent in March, reaching about P96.76 per liter compared with the baseline estimate of P59.68 per liter.

Gasoline prices could also rise sharply, increasing by as much as 52 percent to around P88.79 per liter from a baseline projection of P58.53 per liter.

Fuel retailers this week announced substantial price increases, with gasoline expected to rise by P7.00 to P13.00 per liter, diesel by P17.50 to P24.25, and kerosene by P32.00 to P38.50.

The surge in oil prices follows the closure of the Strait of Hormuz, a critical global shipping corridor located between Iran and Oman. The waterway is considered the world’s most vital oil export route, linking major Gulf producers to the Gulf of Oman and the Arabian Sea.

Balisacan also warned that the conflict could significantly affect overseas Filipino workers (OFWs) in the Middle East, potentially leading to lower remittances if deployment bans and repatriation measures are implemented.

In the first scenario, assuming a total deployment ban and the repatriation of about 10 percent of Filipino workers from conflict-affected countries, the number of OFWs abroad could fall by an estimated 551,897. This could result in a decline in remittances of around P226.568 billion compared with 2025 levels.

Under the second scenario, in which deployment restrictions and repatriation extend to nearby countries such as Egypt, Lebanon, Palestine, Syria, and Yemen, the reduction in OFW numbers could reach about 556,883, with remittances falling by an estimated P231.777 billion.

The combined impact of higher inflation and lower remittances could weaken consumer purchasing power and slow economic growth. Balisacan said economic expansion in 2026 could decline by 0.20 percentage points under the first scenario and by 0.30 percentage points under the more severe scenario.

To mitigate these risks, Balisacan recommended several policy measures, including suspending the excise tax on fuel, implementing safety-net programs for vulnerable sectors, adopting staggered fuel price adjustments, expanding the use of low-cost bioethanol, and promoting energy conservation.

He also emphasized the need for long-term strategies to reduce the country’s reliance on imported fuel, including incentives for renewable energy development and streamlined permitting processes for potential nuclear power projects.

Earlier estimates from DEPDev showed that suspending excise taxes on fuel could lower diesel prices by about P6 per liter and gasoline prices by around P10 per liter.

On Tuesday, the House ways and means committee approved an unnumbered substitute bill that would allow the President to temporarily suspend or reduce excise taxes on fuel products as part of efforts to cushion consumers from rising oil prices.

Europe tightens security after blasts near Belgian synagogue and U.S. Embassy in Oslo

BRUSSELS — Authorities across Europe have heightened security after two separate explosions near a synagogue in Belgium and outside the United States Embassy in Norway, incidents that come amid rising tensions linked to the ongoing conflict in the Middle East.

In Belgium, an explosion struck near a synagogue in the eastern city of Liège early Monday morning, damaging nearby buildings but causing no injuries. Belgian Interior Minister Bernard Quintin condemned the incident as “a despicable antisemitic act” that targeted the country’s Jewish community.

Police said the blast occurred at around 4 a.m. outside the synagogue, shattering windows of the building and those of structures across the street. Authorities immediately sealed off the area while investigators examined the scene. Federal prosecutors have taken charge of the investigation due to possible indications that the incident could constitute a terrorist offense.

Belgian Prime Minister Bart De Wever and Liège Mayor Willy Demeyer also condemned the attack, describing antisemitism as an assault on the country’s democratic values. Local officials stressed that foreign conflicts should not be allowed to spill over into European communities.

Meanwhile in Norway, police are investigating a separate explosion that damaged the entrance area of the U.S. Embassy in Oslo early Sunday. The blast occurred at around 1 a.m. local time and was believed to have been caused by an improvised explosive device placed near the embassy compound. No injuries were reported.

Surveillance footage released by Norwegian authorities showed a hooded individual wearing dark clothing and carrying a backpack near the scene shortly before the explosion. Investigators are analyzing the images as they search for the suspect and determine the motive behind the attack.

Frode Larsen, head of Oslo police’s joint investigation and intelligence unit, said authorities are considering multiple possibilities, including whether the embassy was deliberately targeted. However, he stressed that investigators have not yet reached a definitive conclusion.

“We are early in the investigation, but we are working based on multiple hypotheses,” Larsen said in a statement.

Police are also examining a video uploaded to Google Maps around the time of the blast that reportedly featured Iran’s former Supreme Leader, Ali Khamenei, raising questions about whether the incident may be linked to the broader geopolitical tensions.

The twin incidents have heightened concerns among European governments, many of which have already increased security measures for Jewish institutions, diplomatic missions, and transportation infrastructure in response to the escalating conflict in the Middle East.

Belgium, France, and Germany are among the countries that have announced reinforced security at sensitive sites, even as their governments maintain that they are not directly involved in the current hostilities alongside the United States and Israel.

Authorities across the region said investigations into both explosions remain ongoing, with officials urging vigilance while emphasizing that there is currently no indication of a broader threat to the public.

DEPDev: Posibleng bumaba ng P6 – P10 kada litro ang presyo ng langis pag sinuspindi ang fuel excise tax

MAYNILA — Maaaring bumaba ng hanggang P6 kada litro ang presyo ng diesel at P10 kada litro naman para sa gasolina kung ipatutupad ang suspensyon ng excise tax sa mga produktong petrolyo, ayon sa Department of Economy, Planning, and Development (DEPDev).

Inihayag ni DEPDev Undersecretary Rosemarie Edillon ang mga tinatayang pagbaba ng presyo sa isang briefing ng iba’t ibang ahensiya ng pamahalaan sa harap ng House ways and means committee nitong Lunes.

Ang hakbang ay kasabay ng pagtalakay sa hindi bababa sa limang panukalang batas na layong bigyan ng kapangyarihan si Pangulong Ferdinand Marcos Jr. na pansamantalang suspendihin o bawasan ang fuel excise tax sa panahon ng emergency situations, gaya ng patuloy na tensyon at labanan sa Middle East.

Ipinaliwanag ni Edillon na nagsagawa ang DEPDev ng simulation para sa dalawang posibleng senaryo ng galaw ng presyo ng langis sa pandaigdigang merkado.

Sa unang senaryo, inaasahang aabot sa $98 o hindi bababa sa $80 kada bariles ang average cost ng Dubai crude oil hanggang Abril. Sa ikalawang senaryo naman, itinuturing na worst-case scenario kung saan maaaring pumalo sa $140 kada bariles ang average cost ng Dubai crude oil dahil sa matagal na pagsasara ng Strait of Hormuz isang mahalagang rutang dinadaanan ng humigit-kumulang 20% ng seaborne oil trade sa buong mundo.

“We simulated the impact of an excise tax suspension. We know that for regular gasoline, its P10 pesos per liter. And then for diesel, P6 pesos per liter. With excise tax suspension under scenario 1, the average cost of diesel at P74.22 pesos per liter will go down to P67.50 per liter. And then for April, from P67.33, it could go down to P60.61,” Edillon said.

Ayon pa sa opisyal, kung ipatutupad ang suspensyon ng excise tax, posibleng bumaba ang presyo ng gasolina mula P70.20 kada litro hanggang P59 kada litro ngayong Marso sa ilalim ng unang senaryo.

Sa ikalawang senaryo naman, sinabi ni Edillon na ang average diesel price na maaaring umabot sa P96.76 kada litro sa Marso ay maaaring bumaba sa P90.04 pesos per liter kung isasagawa ang suspensyon ng buwis.

Dagdag pa niya, inaasahang bababa sa P91.19 pesos per liter ang average diesel price pagsapit ng Abril, ngunit maaari pa itong bumaba sa P84.47 kung isususpinde ang fuel excise taxes.

Para naman sa gasolina sa ilalim ng ikalawang senaryo, ang average cost na P64.59 kada litro sa Abril ay posibleng bumaba sa P53.39 per liter.

“In terms of incidence of the impact, of course, the effect on diesel users is greater on the lower income class, but there is also a spillover. Whereas, for gasoline, it’s more or less shared across. It’s almost uniform,” Edillon said.

Samantala, sinabi ng Malacañang nitong Lunes na pormal na hihiling si Pangulong Marcos sa Kongreso ng emergency powers upang mabawasan ang excise taxes sa fuel products sa gitna ng patuloy na tensyon sa Middle East.

Sa kabila nito, inaasahang haharap ang mga motorista sa panibagong malaking oil price hike ngayong Martes, ang ikasiyam na sunod na linggo ng pagtaas para sa gasolina at ika-11 linggo naman para sa diesel at kerosene.

Batay sa datos na inilabas ng Department of Energy (DOE), inaasahang magtataas ang mga retailer ng presyo ng gasolina ng P7.00 hanggang P13.00 kada litro, diesel ng P17.50 hanggang P24.25 kada litro, at kerosene ng P32.00 hanggang P38.50 kada litro.

Iran names Khamenei’s son as new supreme leader as war intensifies and oil prices surge

DUBAI, United Arab Emirates — Iran has appointed hard-line cleric Ayatollah Mojtaba Khamenei as the country’s new supreme leader following the death of his father, Ayatollah Ali Khamenei, signaling Tehran’s defiance as fighting with the United States and Israel intensifies across the Middle East.

The announcement was made Monday after Iran’s powerful Assembly of Experts selected the 56-year-old cleric to succeed his father, who ruled the Islamic Republic for 37 years before being killed during the opening phase of the war. The move underscores Iran’s determination to continue the conflict despite sustained U.S. and Israeli bombardment in recent days.

Mojtaba Khamenei, a secretive figure rarely seen in public, has long been viewed as a possible successor and maintains close ties with Iran’s paramilitary Revolutionary Guard. The force has been launching missiles and drones at Israel and several Gulf Arab states since the war began.

The leadership transition comes amid escalating regional tensions that have rattled global markets. Brent crude oil prices surged to nearly $120 per barrel on Monday — roughly 65 percent higher than levels before the conflict began — before easing later in the day as investors reacted to disruptions in the Middle East’s energy infrastructure.

Iranian attacks in the Strait of Hormuz have effectively halted tanker traffic through the strategic shipping route, which carries about one-fifth of the world’s oil supply. Regional energy facilities have also come under attack. Authorities reported fires at an oil installation in the United Arab Emirates, while Bahrain’s only refinery appeared to have been struck. Saudi Arabia said it intercepted several drones targeting its Shaybah oil field.

U.S. President Donald Trump sought to calm concerns over supply shortages, writing on Truth Social that there was “not an oil shortage” and predicting prices would soon fall. He also suggested that shipments from Venezuela to the United States could help offset the spike.

Meanwhile, Israel remained under continued missile and drone attacks from Iran. Air raid sirens sounded repeatedly on Monday as projectiles targeted several areas. A missile strike in central Israel killed one man and wounded a woman, marking the first reported death in Israel from such an attack in a week.

Israel said its forces carried out strikes in the Iranian city of Isfahan, targeting Revolutionary Guard command centers, facilities linked to the volunteer Basij force, a rocket engine production site and missile launch positions. Iran did not immediately confirm the attacks.

The Israeli military later announced it had launched what it described as a “wide-scale wave of strikes” targeting sites in Isfahan as well as the Iranian capital, Tehran. Witnesses reported seeing explosions in parts of the city, while additional strikes were also reported in southern Iran.

Turkey said NATO air defenses intercepted a ballistic missile that entered its airspace, marking the second such incident since the war began.

Mojtaba Khamenei has not been seen publicly since the outbreak of the conflict. His wife, Zahra Haddad Adel, was reportedly killed in the same strike that killed his father.

Within Iran, the decision to elevate the younger Khamenei has drawn criticism from some political figures who argue that transferring the supreme leadership within the same family resembles the hereditary monarchy overthrown during the 1979 Islamic Revolution. However, senior clerics within the Assembly of Experts ultimately voted to maintain continuity during the wartime crisis.

Now holding Iran’s most powerful position, Khamenei assumes control of the country’s armed forces and will oversee critical decisions regarding Iran’s nuclear program.

Although key Iranian nuclear facilities were heavily damaged during a 12-day conflict with Israel and U.S. airstrikes earlier in the year, Tehran is believed to still possess highly enriched uranium just short of weapons-grade levels — a capability that analysts say could allow the country to rapidly develop a nuclear weapon if ordered.

Israel has already described the new supreme leader as a potential military target, while Trump dismissed him as “unacceptable” and a “lightweight.”

Despite international pressure, Iran’s Revolutionary Guard and the Lebanese militant group Hezbollah both issued statements backing Mojtaba Khamenei’s leadership.

Ali Larijani, a senior Iranian security official, praised the Assembly of Experts for convening despite ongoing airstrikes in Tehran. Speaking to Iranian state television, he said the younger Khamenei had been trained by his father and “can handle this situation.”

The broader regional conflict has expanded to several countries. Iranian strikes were reported in Kuwait, Qatar and Bahrain. In Bahrain, authorities said a residential area was hit, wounding 32 people including several children, while another attack appeared to ignite a fire at the country’s sole oil refinery.

Bahraini officials also accused Iran of damaging a desalination plant, though authorities said water and electricity services remained operational. Such facilities provide essential drinking water to millions across the arid Gulf region, raising concerns about potential humanitarian consequences if the infrastructure is severely damaged.

In the United Arab Emirates, officials reported that two people were injured by shrapnel after missile interceptions over Abu Dhabi. The Emirati Defense Ministry said 15 ballistic missiles and 18 drones were launched toward the country on Monday alone. Since the war began, the UAE says it has faced 253 missiles and 1,440 drones, resulting in four deaths and 117 injuries.

In Iraq, air defense systems intercepted a drone targeting a U.S. military compound inside Baghdad International Airport. A security official told The Associated Press that no injuries or damage were reported. Iran-backed militias have previously carried out attacks on the base.

The U.S. military also confirmed that an American service member died from injuries sustained during an Iranian attack on troops stationed in Saudi Arabia on March 1, bringing the total number of U.S. soldiers killed in the conflict to seven.

Amid the rising violence, the U.S. State Department ordered nonessential personnel and family members to leave Saudi Arabia. Similar evacuations have been initiated at several American diplomatic missions across the region, including Bahrain, Iraq, Jordan, Kuwait, Lebanon, Qatar and the United Arab Emirates, as well as U.S. consulates in Karachi, Pakistan, and Adana, Turkey.

Israel has also expanded its operations in Lebanon. Smoke was seen rising over Beirut after Israeli airstrikes targeted the city’s southern suburbs. The Israeli military said the strikes focused on facilities associated with al-Qard Al-Hasan, a financial institution it claims supports Hezbollah. Residents of the area were warned to evacuate ahead of the attacks.

According to officials, the war has already killed at least 1,230 people in Iran, 397 in Lebanon and 11 in Israel. One additional person in Israel died from an asthma attack while heading to a shelter during an air raid.

Israel also reported its first soldier fatalities in the conflict on Sunday, saying two troops were killed in fighting with Hezbollah in southern Lebanon as the war continues to widen across the region.

Waste mound collapse at Indonesia’s largest landfill kills at least five, several missing

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JAKARTA, Indonesia — At least five people were killed and several others remain missing after a massive mound of garbage collapsed at Indonesia’s largest landfill following heavy overnight rains, authorities said Monday.

The collapse occurred at the Bantargebang Integrated Waste Treatment Facility in Bekasi, a city just outside the Indonesian capital of Jakarta. More than 300 search-and-rescue personnel were deployed to the sprawling landfill late Sunday, using heavy equipment and sniffer dogs to locate possible survivors beneath the debris.

Rescue operations were being carried out cautiously due to unstable heaps of waste that could shift further, according to Desiana Kartika Bahari, head of Jakarta’s Search and Rescue Office.

Bahari said the victims included two garbage truck drivers and two food stall vendors who were working or resting near the landfill when the collapse occurred. Four people were able to escape the incident.

Rescuers, including police officers, soldiers and volunteers, were continuing their search for at least three people who were reported missing.

“We had not ruled out the possibility of more victims,” Bahari said. “We are still gathering data to confirm how many vehicles and workers were caught beneath the debris.”

Images released by Indonesia’s National Search and Rescue Agency showed excavators digging through the massive garbage pile, where several trucks and small food stalls were buried under the collapsed waste.

Authorities also warned rescuers to remain vigilant as weather conditions could further complicate recovery efforts.

Abdul Muhari, spokesperson of the National Disaster Management Agency, urged strict safety protocols during the operation. He said weather forecasts indicate possible rainfall across Jakarta and nearby satellite cities over the next two days, raising concerns that the unstable waste mound could shift again and endanger rescue teams.

The incident has renewed scrutiny of the Bantargebang landfill, a key waste facility that receives the majority of household garbage from the Greater Jakarta area. The site has long faced concerns over its capacity and safety as the capital’s population continues to grow.

Indonesia has been exploring reforms to address long-standing waste management issues. Late last year, the government announced a two-year deadline to significantly reduce the waste volume at Bantargebang through an accelerated waste-to-energy program.

The initiative, supported by a new presidential regulation aimed at streamlining permits and attracting investment, seeks to convert waste into electrical or thermal energy in order to lessen the country’s heavy reliance on open dumping.

Similar landfill disasters have occurred in Southeast Asia. In January, a garbage dump collapse in the Philippines buried workers in low-lying buildings at a landfill site, killing at least four people, injuring a dozen and leaving more than 30 others missing.

Indonesia itself has experienced major landfill tragedies in the past. In 2005, at least 31 people were killed and dozens more were reported missing after a seven-meter-high mound of garbage collapsed following heavy rains, triggering a landslide that buried or damaged 60 homes in two villages near the city of Bandung in West Java.

Crude oil prices top $100 a barrel as Middle East conflict disrupts supply; Philippine pump prices climb

CHICAGO/MANILA — Global crude oil prices surged past $100 per barrel, the highest level in years, as the ongoing conflict involving Iran has hindered oil production and disrupted shipping routes in the Middle East, pushing international benchmarks sharply higher. The rise in global oil costs is now filtering down to local pump prices in the Philippines, where motorists are already feeling the impact.

On the Chicago Mercantile Exchange, Brent crude, the international price standard, climbed to around $101.19 per barrel, while West Texas Intermediate (WTI), the U.S. benchmark, reached about $107.06 per barrel, reflecting heightened market volatility driven by geopolitical risk and concerns over supply constraints. This marks the first sustained breach of the $100‑a‑barrel threshold in more than three and a half years. Analysts warn that prices could remain volatile as trading continues.

The spike in oil prices has global repercussions: an estimated 20 percent of the world’s crude typically transits the Strait of Hormuz daily — a key energy corridor bordering Iran — before the current conflict sharply curtailed tanker movements and export capacity. Production cuts by countries such as Iraq, Kuwait and the United Arab Emirates, coupled with recent attacks on oil infrastructure in the region, have exacerbated supply concerns and contributed to price pressures.

The Philippines, a net importer of oil and heavily dependent on imported fuel, has experienced a series of notable pump price increases in recent weeks amid these global dynamics. According to local industry price trackers, as of March 8, 2026, prevailing retail prices in Metro Manila ranged around ₱62.55 per liter for gasoline and approximately ₱56.74 per liter for diesel, though figures vary by station and fuel grade. Premium gasoline (RON 100) was averaging near ₱67.99 per liter, while higher‑grade diesel products were selling at slightly elevated rates.

Local energy officials have signaled that a significant fuel price hike may be imminent. Forecasts from the Department of Energy’s Oil Industry Management Bureau suggest possible increases of up to ₱19 per liter for diesel and ₱9 per liter for gasoline in the coming week as markets react to sustained crude cost pressures. These projected adjustments could push diesel toward ₱90 per liter territory and gasoline toward the ₱80 range in some regions should oil benchmarks remain elevated.

The continuous climb in global energy prices has broader economic implications beyond cost at the pump. Higher fuel costs can contribute to inflationary pressures, raising transportation and logistics expenses, and potentially squeezing household budgets. Local consumers and businesses alike are bracing for further price movements as market conditions evolve.

Economic policymakers in the Philippines are monitoring the situation and considering possible measures to mitigate the impact on consumers, including discussions about fuel subsidies and regulatory interventions to manage volatility, though no formal decisions have been announced.

With crude oil now trading well above the $100 threshold and geopolitical tensions intensifying, analysts caution that global markets and domestic fuel prices may remain under upward pressure in the weeks ahead as supply concerns continue to mount.

JCI San Pablo 7 Lakes ushers in new leadership during 78th induction rites

SAN PABLO CITY, Laguna — The JCI San Pablo 7 Lakes formally ushered in a new year of leadership and service during its 78th induction ceremonies held recently in San Pablo City, gathering civic leaders, members, and guests from across the country and abroad.

The milestone event marked the official installation of the organization’s 2026 officers and board of directors, reaffirming the chapter’s long-standing commitment to leadership development, civic engagement, and community service.

The guest speaker was Sol Aragones, the governor of Laguna, who emphasized the importance of youth leadership and civic responsibility in building resilient and progressive communities. Aragones commended the organization for its enduring role in promoting volunteerism and leadership initiatives in the province. For further inspiration, former National President Mabel Villarica Mamba delivered the keynote address, sharing insights on leadership, legacy, and the value of making a meaningful impact through JCI programs.

The ceremony was also graced by Patrick Maglinao, the 2026 national president of Junior Chamber International Philippines, who attended as the guest of honor. In his message, Maglinao highlighted the crucial role of local JCI chapters in nurturing future leaders and driving sustainable community development through collaborative action.

Adding an international dimension to the celebration, delegates from the chapter’s twin organization, JCI Yeoju of South Korea attended the event, further strengthening the long-standing partnership between the two chapters. The Korean delegation included 2025 president Kyeong Hyo Su, incoming 2026 president Shin Yeong Je, 2024 president Pak Song Hyeon, and 2026 executive vice president Chon He Dong. Their participation underscored the strong global camaraderie fostered through the network of Junior Chamber International.

The induction ceremony also drew strong support from the wider JCI community, with around nine national past presidents and several past local organization presidents in attendance. Among those present was Loreto ‘Amben’ Amante, Laguna 3rd District chairman, reflecting the broad support for the chapter’s continuing programs and leadership.

Leading the organization for 2026 is President Jessa E. Estrellado, supported by a new board composed of Immediate Past President Rovin P. Estrellado, Executive Vice President Harry A. Viterbo, Vice President for Internal Affairs Aisa Joy C. Lee Ho, Vice President for External Affairs Shiela Marie N. Estrellado, Secretary Temmelie Joy Mate with Deputy Secretary Rosebel C. Agapay, Treasurer Mark Ben C. Pedron, Director for Business Aubrey Marie A. Manansala with Deputy Bernadette C. Pedron, Director for Community Cyrell Ann Q. Opiana with Deputy Reigndavid Bacsa, Director for Individual Rainy Rose E. Alcantara with Deputy Maricar P. Manrique, Director for International Edison D. Baleña with Deputy Jancel Castillo, Local Skills Development Director Jayson Fajardo, and Public Relations Officer John Marc Manozun.

Founded decades ago, JCI San Pablo 7 Lakes is recognized as one of the oldest chapters of Junior Chamber International Philippines, alongside pioneering organizations such as JCI Manila and JCI Cebu. Over the years, the chapter has continued to mobilize young leaders in San Pablo City and across Laguna, sustaining its legacy of leadership development, community service, and international cooperation.

The Korean delegation included 2025 president Kyeong Hyo Su, incoming 2026 president Shin Yeong Je, 2024 president Pak Song Hyeon, and 2026 executive vice president Chon He Dong.

Four-day workweek sa mga ahensya ng gobyerno, epektibo na ngayong araw

MANILA — Inatasan ng Malacañang ang lahat ng ahensya ng pamahalaan na mahigpit ang pagpapatupad ng mga hakbang sa pagtitipid ng enerhiya kasunod ng patuloy na tensyon sa Middle East na nagdudulot ng pagtaas at pabago-bagong presyo ng langis sa pandaigdigang merkado.

Ang direktiba ay nakasaad sa Memorandum Circular (MC) 114 na nilagdaan ni Executive Secretary Ralph Recto, na nag-uutos sa mga tanggapan ng gobyerno na pabilisin ang pagpapatupad ng Government Energy Management Program at magpatupad ng mga hakbang upang mabawasan ang konsumo sa kuryente at gasolina.

Ayon sa circular, ang matinding pagbabago sa global energy markets dulot ng krisis sa Gulf region ay nagresulta sa pagtaas ng presyo ng fuel, na maaaring magkaroon ng negatibong epekto sa pambansang ekonomiya.

“There is an urgent need to adopt strict energy conservation measures to further reduce the energy footprint of government operations and optimize the use of public resources,” ayon sa nakasaad sa kautusan.

Sa ilalim ng MC 114, lahat ng ahensya at instrumentalidad ng pambansang pamahalaan, kabilang ang mga government-owned or controlled corporations (GOCCs), ay inaatasang ipatupad ang mga energy-saving protocols sa kanilang mga tanggapan.

Kabilang sa mga hakbang ang pagpapanatili ng thermostat setting na 24 degrees Celsius sa mga air-conditioned na lugar, pag-activate ng sleep settings sa mga office equipment, at pagpatay ng mga hindi kailangang ilaw at electronic devices tuwing lunch break at matapos ang oras ng trabaho.

Inaatasan din ang mga ahensya ng gobyerno na magsagawa ng virtual meetings kung maaari, limitahan ang mga official travel sa mga mahahalaga at kinakailangang gawain lamang, at palakasin ang fleet-efficiency measures upang mabawasan ang konsumo ng gasolina.

Kasama rin sa mga ipinag-uutos na hakbang ang pagbawas sa paggamit ng elevator at ang pagpapatupad ng iba pang praktikal na energy conservation measures sa loob ng mga gusali ng pamahalaan.

Upang higit pang mabawasan ang konsumo ng enerhiya sa mga gusali at paggamit ng fuel sa transportasyon, pinapayagan din ang mga ahensya na magpatupad ng apat na araw na onsite work arrangement sa pamamagitan ng compressed workweek o isang nakatakdang araw ng work-from-home, alinsunod sa mga patakaran ng Civil Service Commission.

Nagsimula ang pagpapatupad ng four-day onsite work arrangement noong Marso 9 at mananatili itong ipatutupad hanggang sa ito ay alisin o bawiin ng Pangulo.

Binigyang-diin ng Malacañang na ang mga hakbang sa pagtitipid ng enerhiya ay dapat isagawa nang hindi naaantala ang pagbibigay ng serbisyo publiko.

“All agencies and instrumentalities of the National Government, including GOCCs, shall implement the foregoing Energy Conservation Protocols in a manner that ensures the continuous, efficient and uninterrupted delivery of government services,” ayon pa sa memorandum circular.

Ang nasabing direktiba ay bahagi ng mga hakbang ng pamahalaan upang mabawasan ang posibleng epekto ng pagtaas ng presyo ng langis sa ekonomiya ng bansa, lalo na’t malaking bahagi ng suplay ng langis ng Pilipinas ay inaangkat mula sa ibang bansa.

Samantala, tiniyak ng pamahalaan na patuloy nitong mino-monitor ang sitwasyon sa Middle East habang naghahanda ng mga contingency measures upang maprotektahan ang ekonomiya at matiyak ang sapat na suplay ng enerhiya sa bansa.