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BUTUAN CITY - The Land Transportation Office in Caraga Region (LTO-13) has generated PHP115,928,411 revenues during the first three months of the year. An LTO-13 report released Thursday showed three district offices getting the highest revenue collections during the period Butuan City, Patin-ay in Agusan del Sur, and Cabadbaran City in Agusan del Norte. From January to March this year, LTO-Butuan garnered a total of PHP28,031,662 collections, topping all other LTO districts in the area. LTO-Butuan is followed by LTO-Patin-ay with a collection of PHP15,119,359 and LTO-Cabadbaran with PHP13,998,366. Another district that managed to collect double figures is LTO-Tandag, at PHP10,192,72. In a phone interview Wednesday, LTO-Butuan City district head Danielo Merson Borja attributed the increase in collections to the lowering of the coronavirus disease 2019 (Covid-19) pandemic alert level in the city and the nearby areas. "In the previous year and last year were very difficult for us
MANILA - Pampanga Rep. Juan Miguel Arroyo, House Committee on Energy chairman, on Monday said the proposed amendments to the Oil Deregulation Law will ensure fair and transparent pricing of fuel products amid the global supply crunch. In the committee report, Arroyo said a task force composed of the Department of Energy (DOE) and the Philippine Competition Commission (PCC) shall be created to investigate any unreasonable increase in the prices of petroleum products. Arroyo said this is among the strong anti-trust safeguards in the measure to ensure fair competition and prevent cartels and monopolies from dictating prices. "The amendments will prevent any unreasonable price increase, particularly over and above the indicative retail price as determined by the Oil Industry Management Bureau (OIMB) of the Department of Energy," Arroyo said. Under the bill, members of the task force will be tasked with the drafting of rules and guidelines to ensure efficiency, promptness, and eff