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LPG excise taxes suspended for 3 months
1+ day, 5+ hour ago (397+ words) PRESIDENT Ferdinand "Bongbong" Marcos Jr. has signed an order to temporarily suspend excise taxes on liquefied petroleum gas (LPG) and kerosene for three months to ease the impact of rising fuel costs on consumers. Under Executive Order No. 114 signed on…...
DOF, BIR issue rules on suspension of LPG, kerosene excise taxes
21+ hour, 25+ min ago (249+ words) The Department of Finance and Bureau of Internal Revenue on Friday issued implementing guidelines for the temporary suspension of excise taxes on liquefied petroleum gas (LPG) and kerosene following the issuance of Executive Order No. 114. Revenue Regulations No. 3-2026 suspends excise…...
DBCC justifies fuel excise tax adjustments
4+ day, 6+ hour ago (263+ words) The government has suspended excise taxes on kerosene and liquefied petroleum gas (LPG) to mitigate the impact of Middle East conflicts on domestic energy costs, according to a Development Budget Coordination Committee (DBCC). President Ferdinand Marcos Jr. approved the suspension…...
Oil firms back VAT cut on fuel imports to ease pump prices
3+ week, 1+ day ago (426+ words) Local oil companies have expressed support for a temporary suspension of the value-added tax (VAT) on petroleum products at the point of importation, saying it could help bring down pump prices more quickly. The proposal was raised during a hearing…...
Poe backs fuel tax relief, pushes long-term energy reforms
3+ week, 2+ day ago (399+ words) Urging a shift toward a more resilient energy system, a lawmaker said temporary measures such as suspending fuel excise taxes can help cushion the impact of rising oil prices but cannot replace deeper structural reforms. "We cannot keep firefighting the…...
PBBM signs oil excise tax law to ease price spikes
3+ week, 3+ day ago (726+ words) PRESIDENT Ferdinand Marcos Jr. yesterday signed into law a measure allowing him to temporarily suspend or reduce excise taxes on fuel to shield consumers from surging pump prices amid the ongoing tensions in the Middle East. This as an industry…...
Fuel classified as prime commodity in Price Act amendment bill
3+ week, 3+ day ago (198+ words) A bill filed at the House of Representatives proposes to amend the Price Act to include gasoline, diesel, and other petroleum products in the list of Fuel classified as prime commodity in Price Act amendment bill A bill filed at…...
Megalotto 6/45 Jackpot Soars to P37-M as Clark Resident Strikes It Rich
1+ mon, 1+ week ago (135+ words) Manila Standard Megalotto 6/45 Jackpot Soars to P37-M as Clark Resident Strikes It Rich A resident of Clark, Pampanga is now P37 million richer after winning the jackpot prize in the February 11, 2026, draw of the Megalotto 6/45 by the Philippine Charity Sweepstakes Office…...
Zamboanga Senior Citizen Claims Half of "200-M Ultra Lotto 6/58 Jackpot
1+ mon, 1+ week ago (135+ words) Manila Standard A senior citizen from Zamboanga claimed his "100 million share of the "200 million Ultra Lotto 6/58 jackpot prize, drawn on January 25, 2026, at the Philippine Charity Sweepstakes Office (PCSO). The total jackpot prize of "200 million was split equally between two bettors…...
High-speed trains to link Red Sea, Mediterranean
3+ mon, 3+ week ago (338+ words) NEW ADMINSTRATIVE CAPITAL, Egypt " Workers have started laying tracks in the desert east of Cairo for Egypt's first high-speed train, which will link the Red Sea and the Mediterranean in the latest attempt to modernize transport in the vast country....
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