
Senators push tax relief, fuel subsidy
Under the Pantawid Pasada Program, beneficiaries receive subsidies only when the average price of Dubai crude oil for the month reaches $80 per barrel.
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Under the Pantawid Pasada Program, beneficiaries receive subsidies only when the average price of Dubai crude oil for the month reaches $80 per barrel.
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Senators on Thursday proposed several proactive measures to help the public cope with the anticipated economic impact of the escalating conflict in the Middle…
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Government offices have been ordered to tighten energy conservation measures, including setting air-conditioning thermostats to no lower than 24 degrees…
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Department of Finance (DoF)Secretary Frederick Go said the country’s economic managers will engage with the House of Representatives on a possible temporary…
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Electric cooperatives, often linked to dominant political figures, should give way to more efficient private operators with the resources to improve the…
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The Middle East (ME) crisis could trigger a domino effect, driving up not only fuel prices but also electricity rates.
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Imposing a Value-Added Tax (VAT) on system loss charges in electricity bills penalizes consumers for electricity they did not use, raising serious legal and…
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A measure was filed in the House of Representatives proposing a uniform 50 percent discount on electricity charges for households with at least one minimum…
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Since electricity users pay a so-called Feed-In Tariff (FIT) as a subsidy for renewable energy (RE) companies to make their operations viable, an energy sector…
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House Assistant Minority Leader and Gabriela Women’s Party Rep. Sarah Elago called for the urgent removal of the 12 percent value-added tax (VAT) on basic…
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Philippine stocks started the week on a positive note on Monday, 23 February, with the PSEi closing at 6,488.51, up 23.39 points, or 0.36 percent, as investors…
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Despite the positive macroeconomic signal from the central bank, overall market participation remained light, with net value turnover at P5.37 billion, still…
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The local bourse finished Thursday at a marginal rise, with the Philippine Stock Exchange Index (PSEi) up 0.19 percent to 6,407.15, as most investors took a…
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The Bangko Sentral ng Pilipinas (BSP) has reduced its key policy rate by a further 25 basis points, citing manageable headline inflation, lower-than-expected…
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The Federation of Philippine Industries (FPI) urged policymakers to take a cautious approach to tax reforms aligned with proposals from the Organisation for…
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The PSEi finished Wednesday at 6,394.77, up 0.41 percent, as bargain hunting lifted the market after three straight days of declines.
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House leaders on Wednesday expressed their intent to support and strengthen the programs of President Ferdinand R. Marcos Jr., particularly his housing, water…
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House Majority Leader Ferdinand Alexander “Sandro” Marcos has filed legislation to grant free electricity to low-consumption households by replacing the…
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