Gov’t ditches tax cuts on gas, diesel
Filipinos were anticipating the suspension or reduction of the excise tax on gasoline and diesel to preserve their purchasing power.
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Daily TribuneTopic
Filipinos were anticipating the suspension or reduction of the excise tax on gasoline and diesel to preserve their purchasing power.
· 3 min read
The peso’s current depreciation amid the effects of the ongoing Middle East conflict has not yet breached inflationary territory, according to Bangko Sentral…
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Department of Finance (DOF) Undersecretary Rolando Ligon Jr. said the proposed suspension of excise tax on fuel remains pending, awaiting approval from…
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‘Any shaving of the price will help, whether it’s small or big.’
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The Manila Police District (MPD) has suspended the enforcement of certain local ordinances under the 'Safer Cities' Initiative following concerns that the…
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Senator Imee Marcos on Sunday renewed her call for the government to suspend the value-added tax on petroleum products, citing the crippling impact of high…
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Monetary policy response to the oil price shock hinges on whether spillover effects materialize in domestic demand, where the BSP’s policy tools are most…
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A boy displayed his thoughtfulness to his sister by recently gifting her a money bouquet for finishing Grade 10.
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The oil price shock resulting from the conflict in the Middle East may trigger spillover inflationary effects in the coming months, according to the Bangko…
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Economists are weighing in on the possible suspension of fuel excise taxes, saying it could provide relief to consumers but disadvantage the government…
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Gross internal reserves dropped to $107.5 billion as of end-March, from February’s $112.7 billion record high. Still, the BSP said, ‘this level provides an…
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The Philippines’ gross international reserves (GIR) declined to $107.5 billion as of end-March 2026, reversing the record-high level posted in February,…
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Electricity, food, postharvest, transport, and logistics costs for rice all grew due to higher fuel charges. Inflation rose 4.1 percent in march from 2.4…
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March headline inflation accelerated beyond the Bangko Sentral ng Pilipinas’ (BSP) projection, which the central bank largely attributed to higher fuel prices…
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Loans extended by banks’ foreign currency deposit units (FCDUs) rose in the fourth quarter of 2025, reflecting steady demand for dollar funding from…
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The Land Transportation Office (LTO) preventively suspended the driver’s license of a transport network vehicle service (TNVS) driver caught on video verbally…
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MISAMIS ORIENTAL — The Pon Roa Canitoan Transport Cooperative (PONTRANSCO) has temporarily suspended its operations starting Monday, citing surging fuel prices…
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Senate President Pro Tempore Panfilo Lacson called Sunday for decisive and “extreme” government intervention to shield Filipinos from surging fuel prices,…
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