The Crisis Persists, But So Do We: King Properties on Navigating the Energy Emergency
Even within the walls of King Properties, the Philippine Energy Crisis is being felt. For over a month, following the US and Israeli airstrikes, Filipinos have grappled with weekly—if not daily—multi-sectoral price increases, the most visible being the cost of fuel.
The Philippines relies on the gulf for 98% of its oil. Following the Strait of Hormuz closure, Energy Secretary Sharon Garin declared that the country “had about 45 days of fuel supply left” as of late March [1].
In the same week, on March 24, 2026, the Philippines declared a State of National Energy Emergency under Executive Order No. 110, s. 2026 [2]. The Philippines is the first country in the world to declare an energy emergency in relation to the Strait’s closure [1].
As is often the case, the Global South—in particular, the ordinary Filipino—continues to bear the brunt of the catastrophes half a world away. The Philippines, already rife with socioeconomic issues, continues to struggle with inflation. Although the Strait has since reopened, fuel prices remain elevated and continue to spare no sector, with the prices of meat and vegetables having skyrocketed, local airlines having suspended routes, and even shopping malls having shortened hours.
The crisis persists, but so do we. At King Properties, we are currently undertaking measures and exploring solutions to ensure that no KP Family member is left behind. These include:
- Continued transportation initiatives. Amid the fuel crisis, King Properties recognizes the role carpooling plays in energy-saving measures. As such, its shuttle services will remain unchanged for the time being.
- Energy conservation. King Properties has previously taken a proactive stance on energy-saving initiatives, such as its venture into building solar-powered communities in some of its existing horizontal projects, namely: Danarra North and Danarra South. In its own flagship structure, 1Nito Tower, King Properties spearheads energy conservation by encouraging members to switch off appliances when not in use.
King Properties has always cared about its people and will continue to do so as we navigate crisis after crisis. We believe that no KP family member should have to endure hardships alone—most especially the ones who make this house a home.
References
[1] BBC News. (2026, March 24). Philippines declares state of national energy emergency as fuel prices soar. https://www.bbc.com/news/articles/c3ex8ez3717o
[2] Official Gazette of the Republic of the Philippines. (2026, March 24). Executive Order No. 110, s. 2026: Declaring a State of National Energy Emergency and Authorizing the Unified Package for Livelihoods, Industry, Food, and Transport (UPLIFT). https://www.officialgazette.gov.ph/downloads/2026/03mar/20260324-EO-110-FRM.pdf
