Marcos sees VAT refund spurring foreign visitors
‘This law is more than an economic incentive; it is an invitation for the world to experience the creativity, craftsmanship, and hospitality that make our…
· 2 MIN READ
Daily TribuneTopic
‘This law is more than an economic incentive; it is an invitation for the world to experience the creativity, craftsmanship, and hospitality that make our…
· 2 MIN READ
As President Ferdinand Marcos Jr. signed the Value-Added Tax (VAT) refund mechanism for non-resident tourists on Monday, Tourism Secretary Christina Garcia…
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President Ferdinand "Bongbong" R. Marcos Jr. sees the newly enacted measure, which provides a refund of Value Added Tax (VAT) for foreign tourists, as a way to…
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The economist lauded the Philippines’ approach to taxing novel tobacco and nicotine products like heated tobacco products and nicotine pouches but underscored…
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At least P1.8 billion worth of fuel subsidy to public drivers has not yet been distributed by the Department of Transportation (DoTR) as of yearend of 2023,…
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The prices of fuel sold at the local pumps are displaying mixed movements in response to geopolitical and market factors, with both rollbacks and increases…
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The Bureau of Internal Revenue in Central Visayas (BIR-13) temporarily suspended the operations of a restaurant in Mabolo, Cebu City, and a warehouse in…
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The government has exempted more cancer, diabetes, and mental health medicines from value-added tax (VAT), days after the signing of the CREATE MORE Act.
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‘We’re excited to start another conference since we fell short in the last one and it left a bad taste so we want bounce back.’
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The potential closure of Russian oil refineries, stemming from heavy financial losses and declining production, has further tightened supply
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Fuel companies announced on Monday price hikes of P1.15 per liter for gasoline, P1.10 per liter for diesel, and P0.80 per liter for kerosene, set to take…
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It said that diesel prices will increase by P0.90 to P1.10 per liter, while gasoline will hike by P0.90 to P1.10 per liter starting Tuesday next week.
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Restaurant owners have asked the government to stop the proliferation of fake persons with disability identification cards (PWD IDs), a scam that threatens the…
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Denmark has unveiled an ambitious plan to reshape its landscape, combining efforts to combat climate change and restore natural habitats. The country aims to…
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Top Line Business Development Corp. (Top Line), a fuel retailer based in Cebu, has postponed its initial public offering (IPO), now targeting the first quarter…
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Fuel companies confirmed a price reduction of P0.85 per liter for gasoline, P0.75 per liter for diesel, and P0.90 per liter for kerosene.
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The weak performance of China’s economy also played a significant role, with investors maintaining a pessimistic outlook on the country’s oil demand.
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