Marcoleta seeks removal of 12% VAT on electricity to cut power rates
Senator Rodante Marcoleta has filed a bill seeking to remove the 12 percent value-added tax (VAT) on electricity sales at all stages, including generation,…
· 2 min read
Daily TribuneTopic
Senator Rodante Marcoleta has filed a bill seeking to remove the 12 percent value-added tax (VAT) on electricity sales at all stages, including generation,…
· 2 min read
Electricity prices in the Wholesale Electricity Spot Market (WESM) dropped in June as supply remained stable and demand declined with the onset of the rainy…
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A growing number of rice farmers are sounding the alarm over the unsustainably low farmgate prices, warning that the situation may soon drive many of them out…
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Investment research takes a page from science in the use of building and models to understand the dynamics of an ongoing situation.
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The Philippine government is prepared to provide fuel subsidies to public utility vehicle (PUV) drivers, farmers, and fisherfolk if global crude oil prices…
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President Ferdinand Marcos Jr. said Wednesday the Israel-Iran conflict has had minimal impact on the Philippine economy, especially after both nations have…
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War has always shaped history and, while distant, the 12-day conflict between Israel and Iran has sent shockwaves that reached Philippine shores. With a…
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Garin pointed out that revenue from fuel taxes amount to around P300 billion a year —money that funds infrastructure, education and health programs.
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Senator Raffy Tulfo on Tuesday urged the Bureau of Fisheries and Aquatic Resources (BFAR) to promptly address what he described as "tedious" distribution of…
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In response to the request of the Department of Trade and Industry (DTI), canned sardine manufacturers in the country on Tuesday assured that there would be no…
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‘By planting enough belief that they would disrupt this key logistical channel, maritime costs could rise to the point that it would have a significant impact…
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The brewing conflict has ominous potential to propel crude prices to unprecedented levels.
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‘The knock-on impact of higher energy prices is that they will slow growth and cause headline inflation to rise.’
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Inflation in May eased to 1.3 percent from 1.4 percent in April, marking the lowest level in over five years as prices of housing, utilities, and fuels…
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‘The price trend from April to May showed a decline, in contrast to the same period in 2024, where prices increased.’
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Motorists may see mixed movements in petroleum prices next week, the Department of Energy's Oil Industry Management Bureau said Friday.
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The movement of fuel prices this week brings either relief or added burden to motorists, with adjustments taking effect tomorrow morning following last week's…
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Filipino motorists may see mixed price movements in petroleum products next week, which may offer some relief from this week’s round of pump price hikes.
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