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Marcos suspends LPG, kerosene excise taxes for 3 months
21+ hour, 48+ min ago (357+ words) MANILA, Philippines " President Ferdinand Marcos Jr. has approved a three-month suspension of excise taxes on liquefied petroleum gas (LPG) and kerosene to cushion the impact of rising fuel prices on Filipino households. "The excise taxes on LPG, except when used…...
DBCC: Suspending excise taxes won't provide relief
3+ day, 22+ hour ago (343+ words) MANILA, Philippines " The Development Budget Coordination Committee (DBCC) has determined that suspending excise taxes on gasoline and diesel would fail to provide "meaningful relief" to the public. In a statement released on Tuesday, April 14, the inter-agency body said any reduction…...
VAT vs excise: Which fuel tax cut gives more price relief?
2+ week, 4+ day ago (449+ words) MANILA, Philippines " As global oil prices surge, policymakers in the Philippines are weighing whether suspending the 12% value-added tax (VAT) on fuel may provide greater relief at the pump than cutting excise taxes. The debate comes as disruptions in the Strait…...
VAT removal, oil deregulation repeal "not off the table," says Marcos
3+ week, 1+ day ago (152+ words) Philstar. com VAT removal, oil deregulation repeal "not off the table," says Marcos Beyond the blackboard: Innovating the Philippine classroom with projection and printing technology Take your malling experience to the MAX with all the Best New Firsts in Cebu…...
Nearly 3 million riders availed of free December train rides
3+ mon, 3+ week ago (211+ words) MANILA, Philippines " Nearly three million passengers benefited from the government's free train rides during the 12-day Christmas period in December, the Department of Transportation (DOTr) said. In a statement, the DOTr said LRT-1, LRT-2, and MRT-3 served a combined 2, 841, 788 passengers…...
PNR begins restoration of Southern Tagalog rail line
8+ mon, 1+ week ago (273+ words) MANILA, Philippines " The Philippine National Railways (PNR) has started work to fully restore and upgrade its south main line, in line with President Marcos" directive to prioritize the expansion of the Bicol railway from Laguna to Quezon and the Bicol…...
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