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MANILA, Philippines — Reelectionist Sen. Sonny Angara has urged more than 80,000 legitimate jeepney franchise holders to claim their fuel voucher cards to avail of the government’s subsidy under the Pantawid Pasada Program (PPP). Angara made…
CEBU CITY, Philippines — Businesses face rising operating costs and lower net income due to the imposition of the additional P2 excise tax on oil products. Bob Gothong, chief executive officer of Gothong Southern group, admitted that…
With the national government confirming its plan to impose a second tranche of fuel excise taxes next month as part of its so-called Tax Reform for Acceleration and Inclusion (TRAIN), a plan to set up a fare…
Stakeholders of the agriculture sector are afraid the second round of fuel tax increases next month may not bode well for food producers since the measure will translate to higher production costs. Industry leaders who talked to…
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…
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