Do you agree?
Having a hard time because of higher fuel prices brought about by the Tax Reform for Acceleration and Inclusion (TRAIN) law? Don't worry, the Department of Energy (DOE) says, because it's a sacrifice for the benefit of the Philippines."We
It was inevitable
Well, we all knew it was coming. A report by CNN Philippines says that the Department of Finance (DOF) is warning consumers to expect higher fuel excise in the coming weeks. This comes off the heels of last year's drama,
Uh-oh
So it looks like next year's oil price hike might still be a go.According to a report by GMA News, the Duterte administration's economic advisers have done a 180 on its recommendation to suspend the increase of excise taxes
Thank you
Could the country's fuel price woes be coming to an end? If a new resolution filed in the Philippine Senate pushes through, they just might.Minority Floor Leader Franklin Drilon and Senators Francis Pangilinan, Bam Aquino, Risa Hontiveros, Antonio Trillanes,
Is the carmaker now in the clear?
The House Committee on Ways and Means has just announced the termination of its probe on Hyundai Asia Resources Inc. (HARI) stemming from the company's alleged violation of the Motor Vehicle Development Program (MVDP).The Korean carmaker's official
There's a provision in the TRAIN law
Apparently, the Tax Reform for Acceleration and Inclusion (TRAIN) law has a provision which would "freeze" the additional excise taxes levied on fuel products in the event crude oil hits the $80 per barrel mark.Senator Ralph Recto pointed this out in
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    TGP Rating:
    /20
    Starts at ₱