AS the government braces for the economic impact of the volatile Middle East situation, President Ferdinand Marcos Jr. announced he is considering asking Congress for “special powers” to temporarily ...
THE House of Representatives on Wednesday adopted the Senate version of a bill granting President Ferdinand Marcos Jr. the ...
The suspension on excise tax on petroleum products will reduce oil prices by P6 per liter for diesel and P10 per liter for gasoline, the Department of Economy, Planning, and Development (DEPDev) said ...
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Marcos on cutting excise tax on fuel: 'We'll see, depends on trends'
MANILA, Philippines — President Ferdinand Marcos Jr. said on Wednesday that his decision to exercise emergency powers to suspend or reduce excise taxes on oil products will depend on trends in oil ...
THE House Committee on Ways and Means approved on Tuesday, March 10, 2026, a consolidated proposed measure that would allow the suspension or reduction of excis ...
The Marcos administration’s move to adopt a wait-and-see stance on the issue of excise taxes on petroleum products ...
President Ferdinand R. Marcos Jr. on Wednesday said the possible suspension of excise tax on oil products would depend on global price movements amid uncertainties stemming from tensions in the Middle ...
President Ferdinand Marcos Jr. will certify as urgent a proposed emergency measure to slash fuel excise taxes to shield Filipinos from surging global oil ...
THE IRAN war could trim 0.2-0.3% from the Philippines’ gross domestic product (GDP) growth this year, as the oil shock could drive inflation to above 4% this year, Department of Economy, Planning, and ...
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