Senators back emergency power for BBM to cut taxes
The President cannot unilaterally suspend the imposition of mandatory excise taxes unless Congress passes a law.
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Daily TribuneTopic
The President cannot unilaterally suspend the imposition of mandatory excise taxes unless Congress passes a law.
· 2 MIN READ
President Ferdinand Marcos Jr. sought to calm fears of a fuel shortage as the war between the United States and Iran threatened to disrupt the global oil…
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Inflation may spike to as high as 4.0 percent in the coming months due to rising oil prices stemming from the Iranian conflict in the Middle East, according to…
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With many countries negatively impacted by the war in the Middle East, everyone will be holding on to or building up their own reserves.
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Today, we may be going about our daily activities without having to fear what the skies could drop upon us. Yet somehow we feel that something has already…
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The lesson, for the Philippines, is both urgent and familiar: the country’s economic fate is tied, inescapably, to the stability of a world it does not control.
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It noted, however, that lower prices of vegetables, fruits and meat, as well as peso appreciation, could partly offset these pressures.
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The Philippines does not need to be bombed to feel the effects of war. It only has to see oil prices spike.
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The global smartphone market is projected to suffer its sharpest decline on record in 2026 as shortages of memory chips and rising component costs force…
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The Bangko Sentral ng Pilipinas (BSP) projects February inflation to settle within 2.3 to 3.1 percent, within its 2 to 4 percent annual target range.
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Trump made clear the goal was the destruction of the Islamic Republic’s military and the toppling of the authorities in power since the 1979 revolution.
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The Department of Agriculture (DA) is intensifying monitoring and support for onion farmers in Occidental Mindoro as farmgate prices fluctuate between P30 and…
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Not all prices went up, however. Meat prices slipped into negative growth, while milk and egg prices eased. Sugar and corn also continued to post declines.
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Economists, government agencies, and the central bank attributed the shortfall largely to the fallout from the ongoing flood control infrastructure scandal.
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A combination of geopolitical tensions, supply expectations, inventory movements and market sentiment shaped global oil prices.
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Gasoline prices could soften next week after several straight weeks of increases, while diesel and kerosene are expected to continue climbing, industry…
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MISAMIS ORIENTAL — The Department of Trade and Industry (DTI) continues its price monitoring and consumer education programs in Northern Mindanao (NM) to…
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CATARMAN, Northern Samar – The Philippine National Police arrested five men who were illegally transporting petroleum products in two separate checkpoints…
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