
VAT, oil excise tax suspension vital amid crisis – Quimbo
House Committee on Ways and Means Chairperson Miro Quimbo said that a total suspension of Value Added Tax (VAT) and excise tax on all fuel products could…
· 2 min read
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House Committee on Ways and Means Chairperson Miro Quimbo said that a total suspension of Value Added Tax (VAT) and excise tax on all fuel products could…
· 2 min read

The Maharlika Investment Corporation envisions, in the intermediate term, an expanded oil storage facility that would have the Philippine National Oil Company…
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Another round of fuel price rollbacks may be on the horizon next week, and if the current trend holds, diesel prices could ease back below the P100-per-liter…
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The Department of Energy (DOE) is planning to establish a liquefied petroleum gas (LPG) buffer while continuing to monitor the possibility of sustained fuel…
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Beyond fuel, beyond fares, there’s another cost Filipinos quietly pay every day — the time lost in inefficient systems.
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The Department of Labor and Employment has allocated P1.2 billion to assist the transport sector amid rising fuel costs, its officer-in-charge said…
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As Congress intensifies its probe into the country’s ongoing energy crisis, lawmakers were informed that recent fuel price increases were implemented…
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The peso’s current depreciation amid the effects of the ongoing Middle East conflict has not yet breached inflationary territory, according to Bangko Sentral…
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The Philippine Stock Exchange Index (PSEi) closed at 6,013.10 on Tuesday, down 0.68 percent, extending its decline as investors remained wary of the continued…
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Senator Christopher Bong Go on Monday urged the government to re-prioritize public spending and to mobilize unused funds to cushion the impact of rising fuel…
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Market pundits remain optimistic about a breakthrough in the talks, as the US and Iran continue discussions to hold another round of face-to-face negotiations…
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Filipinos were anticipating the suspension or reduction of the excise tax on gasoline and diesel to preserve their purchasing power.
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The Department of Energy (DoE) is doing San Miguel Corp.’s petroleum unit, Petron Corp., a huge favor by securing an additional crude supply from Russia, first…
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The ceasefire’s collapse is not merely possible, it is probable — unless one side blinks first.
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Senator Christopher “Bong” Go on Monday called on the government to immediately reprioritize public spending and mobilize unused and excess funds to cushion…
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Senator Loren Legarda on Monday renewed her call to suspend excise tax and value-added tax on diesel and gasoline, warning that government response…
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MISAMIS ORIENTAL — The local government of Cagayan de Oro City has declared a State of Energy Emergency, triggering the release of millions of pesos in…
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Up to P40 billion may be required by the Department of Agriculture for additional funding to sustain support programs and prevent further strain on food…
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