
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
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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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Selling gold at peak prices strengthens the gross international reserves by converting gold into liquid assets, such as US dollars, which are more versatile…
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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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‘This escalation raises concerns about potential disruptions in global oil supply, especially if the Strait of Hormuz, a critical shipping route, becomes a…
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The United States bombing of Iran’s nuclear facilities is fueling fears of a sharper spike in global oil prices, as tensions in the Middle East threaten to…
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The brewing conflict has ominous potential to propel crude prices to unprecedented levels.
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SM Prime Holdings Inc. recorded a robust first-quarter performance at its flagship Mall of Asia (MoA) Complex in Pasay City, as visitor traffic surged by 15…
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Quezon City health officials have once again urged sexually active individuals to undergo free HIV testing to help curb the rise of infections and prevent the…
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