President Marcos convened the fourth meeting of the UPLIFT Committee on Tuesday, April 21, but there is no word yet on the fate of the excise tax on diesel and gasoline. Palace Press Officer and Communications Undersecretary Claire Castro said the matter was not discussed during the meeting. "Hindi...
Suspending the excise tax offers a better respite than telling oil companies to fully implement a fuel price rollback, Senator Risa Hontiveros said on Monday, April 20. Hontiveros pointed this out in response to President Ferdinand “Bongbong” Marcos, Jr.’s directive for oil companies to...
Senator Sherwin Gatchalian is pushing for suspension of excise tax on diesel, arguing that it is the "fuel for the masses." While President Marcos already suspended excise tax on liquefied petroleum gas (LPG) and kerosene, Gatchalian wanted to expand scope of such suspension on oil products to...
President Marcos has ordered the temporary suspension of excise taxes on liquefied petroleum gas (LPG) and kerosene for three months to ease the burden of rising fuel costs amid the ongoing energy crisis. The directive was issued through Executive Order No. 114, signed on April 16, following the...
Transport group Manilbela ended its three-day strike with a march to Mendiola, Manila, on Friday, April 17, renewing calls for the suspension of fuel taxes and a rollback in oil prices to ease the burden on drivers and commuters. Hundreds of jeepney drivers and operators gathered at Welcome...
Is President Marcos being fed the wrong information by his economic managers, resulting to the delay in the suspension of the excise tax on diesel and gasoline? House Legislative Energy Action Development (LEAD) Council presiding officer, Marikina City 2nd district Rep. Miro Quimbo; and Deputy...
Senator Loren Legarda called for the immediate suspension of fuel excise tax and value-added tax (VAT) on diesel and gasoline, even as she criticized the slow government response to elevated fuel prices. This follows the April 13, press conference of President Marcos, where he announced the...
Senator Imee Marcos rued her brother, President Marcos ' decision not to include diesel in the short list of petroleum products covered by excise tax suspension. "Nagtanggal nga sila ng excise tax pero hindi pa nila isinama ang diesel na siyang numero unong ginagamit ng ating mga driver,...
Liquefied petroleum gas (LPG) retailers have vowed to immediately reduce the prices of their products--which Filipino households use as cooking has--once President Marcos issues the executive order (EO) suspending the excise tax on it. REGASCO President and former Liquefied Petroleum Gas Marketers...
Why were gasoline and diesel not part of the excise tax suspension on petroleum products on Monday, April 13? President Marcos said these will be discussed during a meeting with the UPLIFT Committee on Tuesday. "That 's to be discussed tomorrow," he said when asked in a press briefing,...
Senator Loren Legarda on Monday, April 13 urged the government to consider the immediate suspension of fuel excise tax and value-added tax (VAT) on diesel and gasoline as millions of Filipinos still do not feel the government’s relief from the fuel hikes and rising prices of basic commodities. ...
President Marcos on Monday, April 13, announced the suspension of excise taxes on liquefied petroleum gas (LPG) and kerosene, as part of government efforts to cushion the impact of rising fuel prices. “Tinanggal ko na ang excise tax sa LPG at sa kerosene (I have removed the excise tax on LPG and...
