Gov’t weighs temporary fuel excise tax cut – DOF
Finance Secretary Frederick Go said the country’s economic managers will engage with the House of Representatives on a possible temporary reduction in oil…
· 3 min read
Topic
Finance Secretary Frederick Go said the country’s economic managers will engage with the House of Representatives on a possible temporary reduction in oil…
· 3 min read

Energy Secretary Sharon Garin said the government must carefully balance the country’s finances if it decides to partially reduce fuel excise taxes amid rising…
· 1 min read

The President cannot unilaterally suspend the imposition of mandatory excise taxes unless Congress passes a law.
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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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Petron Corp. capped 2025 with a net income of P15.6 billion, soaring 84 percent from P8.5 billion in 2024.
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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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Amid continuous fuel price hikes, lawmakers on Tuesday renewed calls to scrap taxes on oil products as pump prices are projected to increase by nearly P2 per…
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Mayor Francisco “Isko Moreno” Domagoso ordered a 50 percent reduction in fuel consumption for all city government operations Monday, citing an anticipated…
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NEW DELHI (AFP) — India and Canada on Monday reached a string of agreements, including on critical mineral cooperation and a “landmark” uranium supply deal for…
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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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HAVANA (AFP) — Cuba on Saturday announced the cancellation of its iconic cigar festival, amid a major energy crisis sparked by US pressure on the cash-strapped…
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Pump prices of petroleum products are expected to rise again next week, extending the price hikes rally as global oil markets remain elevated amid geopolitical…
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Havana (AFP) — Havana’s streets were eerily quiet Monday as emergency measures kicked in to conserve Cuba’s fast-dwindling fuel stocks under economic pressure…
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The Land Transportation Franchising and Regulatory Board (LTFRB) announced that it may evaluate a possible fare increase for public utility vehicles following…
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Pump prices will rise again this morning, extending a string of fuel hikes since the start of the year and further squeezing motorists, commuters, and…
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‘Their military deployment in the region does not scare us.’
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