DOF nixes fuel excise tax suspension, proposes P200 monthly aid to poor families

Daphne Galvez 03/16/2022

MANILA, Philippines — The Department of Finance is not recommending the suspension of excise tax on fuel products despite rising prices, saying the government should instead provide P200 per month per household for one year to poor…

DOF: COVID-19 vaccine loans only P58.5 billion

Ben O. de Vera - Reporter / @bendeveraINQ 03/21/2021

MANILA, Philippines — The Department of Finance (DOF) on Sunday reiterated that multilateral loans in the pipeline to buy COVID-19 vaccines only amounted to $1.2 billion or about P58.5 billion to date, contrary to a senator’s erroneous…

4th Cebu-Mactan Bridge’s Target Completion in 2028

Morexette Marie B. Erram 06/18/2020

CEBU CITY, Philippines – Proponents of the 4th bridge that will link the islands of mainland Cebu and Mactan is targeting for it to be completed by 2028. The Japan International Cooperation Agency (JICA), the lead agency…

Palace: It’s a go for fuel tax hike

Inquirer.net 12/04/2018

Malacañang is supporting the decision of government economic managers to push through with the second round of fuel tax increases next month. Presidential spokesperson Salvador Panelo said the economic managers had their reasons for withdrawing their initial…

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