Aquino Rejects Claim Fuel Tax Relief Benefits Only Wealthy Households
Senator Paolo Benigno “Bam” Aquino pushes back against assertions that eliminating excise taxes and value-added tax (VAT) on fuel products primarily benefits…
Category Business & Finance
ERC Reviews Power Plant Outages Following Visayas Electricity Shortages
The Energy Regulatory Commission (ERC) has launched an investigation into the outage allowances of power generation plants following persistent supply deficits in…
House Bill Proposed to Hike Taxes on Luxury Cars and Yachts, Drop Perfume Duty
A new legislative measure aims to reshape the taxation of high-value goods in the Philippines by raising excise taxes on luxury vehicles…
DOE, DOTr Discuss Potential Expansion of Fuel Subsidy
The Department of Energy (DOE) is maintaining close coordination with the Department of Transportation (DOTr) to explore the potential expansion or increase…
ADB Trims Philippine Growth Outlook for 2027 to 5.1% Amid Inflation and Middle East Tensions
The Asian Development Bank (ADB) downgraded its Philippine economic growth projections on Wednesday, pointing to persistent elevated inflation and extended instability from…