
BBM scraps LPG, kerosene tax
‘If we remove the VAT on petroleum products, it will mainly benefit the oil market.’
· 3 min read
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‘If we remove the VAT on petroleum products, it will mainly benefit the oil market.’
· 3 min read

President Ferdinand Marcos Jr. is set to announce a crucial decision on fuel excise taxes within this week, a move that could bring immediate relief to…
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Rising fuel costs are forcing the government to consider a substantial increase in support for the agriculture sector, with losses projected to reach as much…
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Super Typhoon Sinlaku remains outside the Philippine Area of Responsibility (PAR) as it continues moving west-northwest, weather authorities said early Monday.
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‘The Navotas Fish Port Complex was able to manage the significantly higher volume smoothly, ensuring proper unloading and distribution across the supply chain.’
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Fuel companies currently follow a ‘replacement cost’ scheme, where retail prices reflect the expected cost of replenishing inventory based on recent global…
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‘Any shaving of the price will help, whether it’s small or big.’
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BAGUIO CITY — The winding mountain routes of Baguio and Benguet are becoming the front line of a deepening transport crisis, as drivers and operators warn that…
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BAGUIO CITY — Motorists in Baguio City saw a mix of slight fuel price decreases and continued limited availability of some products, based on the latest…
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The current crisis introduces a set of layered exposures that require immediate attention.
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Instead of a faithful pass-through of the global drop, oil companies are allowed the replacement-cost pricing regime, which Marcos had called out but did…
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House leaders have filed a bill establishing a national protection system designed to automatically shield Filipinos from the economic fallout of global oil…
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A recent rollback in fuel prices has offered little immediate relief to Filipinos whose livelihoods depend on daily fuel consumption, as jeepney drivers and…
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Ejercito also warned that the Philippines’ heavy reliance on imported fuel and coal continues to drive up costs.
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A projected diesel rollback of as much as P20.89 per liter and a gasoline cut of P4.43 per liter may greet motorists this week, Energy Secretary Sharon Garin…
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Partly cloudy to cloudy skies with isolated rainshowers or thunderstorms are expected across Metro Manila and the rest of the country over the next 24 hours,…
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CAGAYAN DE ORO CITY — Maritime Police and Customs authorities intercepted a marine tanker carrying an estimated 300,000 liters of unmarked diesel worth around…
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GENERAL SANTOS CITY — Soaring fuel prices and supply shortages are crippling General Santos City’s once-thriving fishing industry, forcing both commercial…
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