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MANILA, Philippines — Speaker Ferdinand Martin G. Romualdez vowed to propose solutions that will help solve the country’s problem with oil price hikes in a scheduled consultative meeting with big oil players on Monday. In a statement…
MANILA, Philippines — The right thing to do with the recent round of oil price increases is to suspend oil taxes, like value added tax (VAT) and the excise tax, activist group Bagong Alyansang Makabayan (Bayan) said…
MANDAUE CITY, Philippines — The Pinagkaisang Samahan ng mga Tsuper at Operator Nationwide (PISTON)-Cebu Chapter and Panaghugpong Kadamay Cebu, on Tuesday, March 8, staged a protest beside a gasoline station in Barangay Paknaan Mandaue City, to object…
To keep Filipinos healthy while raising more revenues for the government, the state-run think tank National Tax Research Center (NTRC) is pushing to slap an excise tax on junk food. “Overconsumption of junk foods causes harm to…
Higher prices of gasoline, diesel and cooking gas will greet Filipinos on the first day of 2020 as the third tranche of excise tax increases takes effect. Smokers also will have to brace for higher prices of…
CEBU CITY — Expect more protests from the transport sector in Cebu at the start of 2019. Pinagkaisang Samahan ng mga Tsuper at Operators Nationwide Cebu (Piston Cebu) chairperson Greg Perez told CDN Online that the…
The Senate committee on ways and means is set to conduct a study on the feasibility of raising excise taxes on tobacco products to fund the Universal Health Care (UHC), its chair Senator Sonny Angara said Tuesday.…
As independent and major oil companies implement another round of fuel price cuts on Sunday (Oct. 21) and Monday (Oct. 22), a transport group believed that only with the repeal of the Oil Deregulation Law and the…
President Rodrigo Duterte on Tuesday said his administration was eyeing the suspension of excise taxes on oil amid the record-high inflation in the country. “Maybe,” Duterte said when asked for his comment, adding that Finance Secretary Carlos…
As inflation rate spiked to a new nine-year high of 6.4 percent in August, Senator Bam Aquino on Wednesday called on the administration to certify as urgent Senate Bill No. 1798 or the Bawas Presyo Bill. Aquino’s…
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