We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.
FRENCH Prime Minister Edouard Philippe is to announce on Tuesday a suspension of fuel tax increases planned for January 1 in a move to end violent “yellow vest” protests against the measure, government sources said Tuesday. The…
Palace supportive of recommendation to proceed with second round of excise tax on oil amid drop in fuel prices; Not so fast, warns Cebu Business Club Prices of fuel have gone down in eight straight weeks. Based…
Even if petroleum companies will implement an increase in the price of fuel, the Department of Trade and Industry (DTI-7) is not expecting any movement in the price of the basic commodities, especially on Noche Buena…
Some senators rejected Friday the plan of President Rodrigo Duterte’s economic managers to proceed with the second tranche of oil excise tax hike set on January 2019 as mandated under the Tax Reform for Acceleration and Inclusion…
BIZ LEADERS WELCOME PRICE ROLLBACK Transportation and logistics costs should follow after major price rollbacks on fuel and oil products, business leaders in Cebu say. The major oil price rollback implemented by companies starting yesterday (Tuesday) may…
Oil companies will implement today a much-awaited big-time rollback on the prices of petroleum products. This is the fifth straight week that oil companies have lowered prices of fuel; diesel is expected to decrease by P2.00 –…
Filipino motorists will surely rejoice this week as the prices of gasoline and diesel will be rolled back starting Tuesday. Among the oil firms that will be slashing their pump prices this week on gasoline and oil…
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…
LOCAL business leaders in Cebu welcomed the government’s pronouncement that it will be putting on hold the additional excise tax to be levied on fuel products starting January 2019. The move, according to businessmen, will not only…
OIL firms on Saturday (Oct. 13) cut pump prices of diesel by as much as 65 centavos per liter and of gasoline by 85 centavos per liter, ending a nine-week rally that raised prices by a total…
While believing that it can still be solved, House Speaker Gloria Macapagal-Arroyo has called on President Rodrigo Duterte’s economic team to “move faster” on their implementation of policies to ease up the accelerating inflation. Arroyo’s statement came…
The recent oil price hike in the country surprisingly drew many hopeful online reactions. Burt Ajamedun wrote, “This is very good development. It will encourage some to ride the jeepney. I hope there will be more price…
We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.