
Oil price drop ends kerosene, LPG tax relief
The Bureau of Internal Revenue said excise tax rates on kerosene and LPG automatically reverted to those prescribed under the National Internal Revenue Code,…
· 2 min read
Topic

The Bureau of Internal Revenue said excise tax rates on kerosene and LPG automatically reverted to those prescribed under the National Internal Revenue Code,…
· 2 min read

Households and businesses using liquefied petroleum gas (LPG) and kerosene will no longer enjoy a temporary tax break after the government restored excise…
· 1 min read

Slower inflation in June has strengthened the government’s case for extending the P50-per-kilo price ceiling on imported rice, with Agriculture Secretary…
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The Economy and Development Council approved a P10.07-billion Philippine Geothermal Resource Derisking Facility, a government-backed financing mechanism to…
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Inflation eased for the second consecutive month in June, declining to 6.4 percent from 6.8 percent in May, falling within the Bangko Sentral ng Pilipinas’…
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‘The industry is starting to stabilize, and I think it’s now just a matter of adjustment until we get back to pre-war price levels, but it won’t happen in a…
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The Department of Energy (DOE) said the worst of the recent oil price spike is likely over as global oil markets begin to stabilize, although motorists may…
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Headline inflation likely continued to ease in June as lower fuel prices and declining costs of key food items helped temper price pressures, although…
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The Development Budget Coordination Committee (DBCC) has significantly reduced the Philippines’ economic growth target for 2026 amid mounting risks stemming…
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KUALA LUMPUR, Malaysia (AFP) — Malaysians flocked to fruit stalls Wednesday for a slice of durian after a bumper harvest and oversupply of rejected export…
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Petrochemical companies mainly in South Korea and Japan have scaled back production capacity, sending the cost of basic goods such as plastic bags surging.
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Replacement-cost pricing lets companies re-price against a hypothetical future invoice. The rocket’s engine would have a zero inventory lag on the way up.
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Senator Christopher “Bong” Go distributed financial relief and essential goods to 500 tricycle operators and drivers in San Isidro, Davao Oriental to help ease…
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Maharlika’s fuel tank farm buys the country time while energy transition — the one that would materially reduce the country’s 97-percent crude import…
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‘There will be a rollback despite reports about the situation in the Strait of Hormuz. Even if developments occur today or tomorrow, fuel prices should remain…
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The reason was obscene in its very nature; the Marcos government found a way to profit from a war half a world away.
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MORE Power said Wholesale Electricity Spot Market prices surged to P10.30/kWh from P4.45/kWh, more than doubling during the period; the generation rate, which…
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Fuel prices are projected to decline sharply, with global oil markets shedding much of the geopolitical “war premium” that drove prices higher earlier this…
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