IMF warns fuel tax cuts favor upper-income households
‘We do not recommend to mute the signal for gasoline because high income households that can afford to pay higher gasoline prices will also benefit,’ he said,…
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Latest Daily Tribune news and analysis on fuel price update Philippines.
‘We do not recommend to mute the signal for gasoline because high income households that can afford to pay higher gasoline prices will also benefit,’ he said,…
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A 7-peso shave at the pump does not erase an 18-peso wound. It merely slows the bleeding; it does not heal the patient.
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Any suspension of excise taxes on gasoline and diesel would only benefit upper-income households, despite the waiver of such taxes on liquefied petroleum gas…
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Airlines may impose higher fuel surcharges from October 1 to 15 after the Civil Aeronautics Board raised the cap to Level 17, increasing potential costs for…
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A Commission on Audit report found that ₱709.88 million in fuel subsidies remained undistributed due to beneficiary data errors, while ₱2.85 million in…
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MANIBELA will stage a three-day transport strike from 28 to 30 September over rising fuel prices, while the LTFRB warns operators against interrupting services.
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For diesel users, the relief could be substantial, with projected P7.50 per liter rollback next week wiping out most of this week's P8.82-per-liter spike,…
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Diesel prices could fall by as much as P7.50 per liter next week, potentially wiping out most of this week’s sharp increase as global oil supply concerns ease.
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Sen. Bam Aquino is calling for the suspension of fuel excise taxes and VAT as high fuel prices continue to burden drivers, commuters, farmers, fisherfolk and…
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Victory Liner urged the government to lift the suspension of an approved fare adjustment, citing rising fuel prices, VAT, fleet modernization costs and higher…
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International diesel prices have fallen by nearly $17 per barrel over the past trading days, reversing part of the surge that had pushed domestic pump prices…
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Malacañang says fare increases should remain a last resort as the government continues fuel discounts, toll exemptions and targeted subsidies for drivers and…
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The Comelec exempted the LTFRB fuel subsidy program from the election ban on social services ahead of the 2 November Barangay and Sangguniang Kabataan…
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Comelec has exempted the LTFRB’s fuel subsidy program for public utility vehicles from the social services ban imposed ahead of the November Barangay and…
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Earlier forecasts on fuel prices have eased but remaining tight global supplies will still result to increases, from P4.50 to P5.50 per liter of gasoline…
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Authorities arrested two men and seized an estimated P2.397 million worth of diesel, fuel equipment and vehicles in Tarlac during an operation against alleged…
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