
Senators back emergency power for BBM to cut taxes
The President cannot unilaterally suspend the imposition of mandatory excise taxes unless Congress passes a law.
· 2 MIN READ
Topic

The President cannot unilaterally suspend the imposition of mandatory excise taxes unless Congress passes a law.
· 2 MIN READ

President Ferdinand Marcos Jr. sought to calm fears of a fuel shortage as the war between the United States and Iran threatened to disrupt the global oil…
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Petron Corp. capped 2025 with a net income of P15.6 billion, soaring 84 percent from P8.5 billion in 2024.
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Inflation may spike to as high as 4.0 percent in the coming months due to rising oil prices stemming from the Iranian conflict in the Middle East, according to…
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Years from now, the question will not be whether conditions were ideal. The question will be whether time was allowed to work on your behalf or whether it…
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Today, we may be going about our daily activities without having to fear what the skies could drop upon us. Yet somehow we feel that something has already…
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The lesson, for the Philippines, is both urgent and familiar: the country’s economic fate is tied, inescapably, to the stability of a world it does not control.
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Amid continuous fuel price hikes, lawmakers on Tuesday renewed calls to scrap taxes on oil products as pump prices are projected to increase by nearly P2 per…
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Mayor Francisco “Isko Moreno” Domagoso ordered a 50 percent reduction in fuel consumption for all city government operations Monday, citing an anticipated…
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‘The Middle East crisis is not just a distant conflict — it is an inflationary shock that could affect Philippine households and industries if tensions…
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First, the good news: Gilas Pilipinas had already qualified in the second round of the 2027 FIBA World Cup Asian Qualifiers.
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‘We’ll see by tomorrow when the markets reopen, but there could be some bargain-hunting to hedge requirements as a matter of prudence, until the dust settles.’
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The Philippines does not need to be bombed to feel the effects of war. It only has to see oil prices spike.
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Whether the new 10 percent global tariff ordered by US President Trump applies to the Philippines remains uncertain. ‘We don’t really know what will happen. We…
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The Department of Health (DoH) reiterated its stance against vaping on Saturday amid discussions at the House of Representatives last week on raising excise…
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Trump made clear the goal was the destruction of the Islamic Republic’s military and the toppling of the authorities in power since the 1979 revolution.
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If poverty alone were the cause of drug peddling, then every poor person would sell drugs.
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The Department of Agriculture (DA) is intensifying monitoring and support for onion farmers in Occidental Mindoro as farmgate prices fluctuate between P30 and…
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