-
亞歷克斯・博迪獲任命為 SCANDIC FINANCE 集團副總裁
-
Алекса Боді призначено віцепрезидентом групи SCANDIC FINANCE
-
Alex Bodi appointed Vice President of SCANDIC FINANCE GROUP
-
Alex Bodi, numit vicepreședinte al grupului SCANDIC FINANCE
-
Modern Warfare 4 Composer Reveals First-Ever Dedicated Multiplayer Score
-
Elon Musk jokes about moving businesses to space after US midterms
-
West Mercia Police opens 2027 cadet applications to Worcestershire teenagers
-
Worcestershire road closures announced for Remembrance Sunday events
-
Goa plans relationship-readiness course amid concern over divorces
-
Mutual fund returns show shifting leaders across market-cap categories
-
BHEL wins Adani Power projects valued at up to ₹28,000 crore
-
IndiGo holds talks with Embraer over potential order for 100 aircraft
-
India seeks threefold increase in coal stocks to prevent summer power shortages
-
Indian companies report mixed second-quarter results on November 4
-
Indus Towers expands solar-powered network to 50,000 telecom sites
-
KKR secures Indian regulator approval for Gentari Renewables investment
-
Equitas Small Finance Bank rebounds after naming interim chief executive
-
Bharti Airtel revenue expected to grow at double-digit pace in second quarter
-
Titan quarterly profit seen rising as jewellery business drives growth
-
Indian crude-sensitive shares gain after 13% oil-price decline
-
Kuwait finance minister holds economic cooperation talks at COMCEC
-
Stocks and dollar fall as Democratic election gains reshape markets
-
Kuwait marks key events and anniversaries from national history
Manila's jeepney drivers struggle as Mideast war sends diesel cost soaring
The sun was not quite up as Eric Helera unlocked the doors of his jeepney, wiped down its two long passenger benches, and checked his brake fluid before another day ferrying Manila commuters.
The makeshift minibus named Princess is part of a smoke-belching, colourfully decorated fleet that forms the backbone of a Philippine transportation sector being hammered by surging fuel prices driven by the US-Israeli war with Iran.
Like most jeepneys, Princess runs on diesel, the cost of which has hit historic highs in the archipelago nation since the partial closure of the Strait of Hormuz.
Helera, 43, is driving shorter routes but longer days in response, routinely working 18 hours to ensure he has something left over after buying fuel and covering "the boundary", the amount he owes the jeepney's owner each day.
"The margins are really thin now because of the skyrocketing diesel prices," he told AFP while sipping instant coffee from a paper cup outside his neighbourhood grocery.
"Sometimes I earn less than 500 pesos (about $8) a day," he said of shifts that can stretch until midnight.
Before the Middle East war, he could comfortably clear the same amount by lunchtime.
"There's been a huge adjustment at home," he said of life in the two-story Manila house he shares with his wife, seven children, and two other families.
"My children … need money for school projects and stuff like that, and we don't have it now," Helera told AFP journalists who spent part of the day travelling with him.
A "full breakfast with rice" was now a luxury to be enjoyed on only top earning days, he said.
"I need 10 passengers or more for each trip. Below that, and I don't earn anything," he calculated, adding the jeepney ran at its full 16-person capacity only half a dozen times a day.
Fuel hikes he called the "most severe" he had ever seen had forced him to drop longer routes where the passenger load could not justify the cost of diesel.
On Tuesday, the price jumped again by around 16 percent, with prices up to 134.30 pesos per litre at some pumps, the highest in the country's history.
Jeepney driver unions have been demanding fare increases to help cover the burden, with one last week organising a "strike" that few drivers could afford to join.
A fare hike authorised by the country's transport regulator, meanwhile, was quashed by President Ferdinand Marcos a day after it was announced.
"I'm on the side of the jeepney drivers," salesclerk Trixie Brumuela said of potentially pricier rides.
"Fuel prices rose but fares didn't, so they're losing money," the 35-year-old told AFP outside one of Manila's ubiquitous jeepney terminals, while conceding she was struggling to make ends meet herself.
"I told myself to stop spending on anything apart from my basic needs. I resolved to stop buying other stuff," she said.
Near another terminal, college freshman Juliana Tonelete told AFP that while she sympathised with the plight of drivers, her own financial situation took priority.
"I think their reaction is valid given higher pump prices, but as a commuter, as a student with a limited budget, it's difficult," she said.
Helera said the cost of fuel had forced some fellow drivers to abandon the job entirely.
"Some went back to their home provinces, others looked for other lines of work.... I'm also considering that option, because we no longer earn anything."
He worried his own options, however, were limited.
"Maybe construction. I only went to high school."
And while a government cash handout expected on Wednesday -- the first for embattled jeepney drivers -- would be welcome, "5,000 pesos … won't carry you that far," Helera said.
"It's sad," he added, as his jeepney slowly filled with evening commuters.
"It feels as though you want to give up, but you also know you can't surrender because you have a family."
Helera noted with a sigh that he had yet to reach the "boundary" after nearly 11 hours on the road.
"It's been a slow day," he said.
"I'll need to drive into the night."
M.P.Jacobs--CPN