Unang Balita is the news segment of GMA Network's daily morning program, Unang Hirit. It's anchored by Arnold Clavio, Susan Enriquez, Ivan Mayrina, and Mariz Umali, and airs on GMA-7 Mondays to Fridays at 5:30 AM (PHL Time). For more videos from Unang Balita, visit http://www.gmanetwork.com/unangbalita.
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Breaking news and stories from the Philippines and abroad:
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TikTok: https://www.tiktok.com/@gmanews
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NewsTranscript
00:00Due to the high price of oil products since 2025, a transport group called PISTON should remove the excise tax and value-added tax on oil.
00:12Almost Php6,400 in gross income was lost to the drivers this January due to the so-called buoys.
00:19They also wanted to abolish the Oil Deregulation Law.
00:22The Department of Energy has yet to issue a statement on this.
00:26We also have a petition from transport groups to increase the price from Php1 to Php3 according to the Land Transportation Franchising and Regulatory Board.
00:35The LTFRB has agreed to increase the price, but it will consult with the National Economic and Development Authority, or NEDA, to find out the effect it will have on the economy.
00:46I think an increase is already needed. It's long overdue because the price of gasoline and the cost of maintenance of these motor vehicles has increased.
01:03It is imperative that we act. The only issue is how much fare hike will be given.
01:10Kapuso, don't miss the latest news and updates.
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