President Marcos remains not keen on suspending the value-added tax (VAT) on petroleum products, citing the "windfall" revenue it generates as a source of funding for response efforts amid the Middle East crisis. In a Palace briefing on Monday, April 13, Marcos finally elaborated on the reasoning...
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,...
President Marcos personally dispelled rumors about his health on Monday, April 13, by appearing before the media in Malacañang, where he even dared those peddling fake news about him to join him at the gym and exercise. In jest, the President even challenged them to join him in exercising to...
Noting that time is of the essence, senators on Monday, April 13, questioned why the Department of Foreign Affairs (DFA) has to seek the United States’ permission to import oil from Russia and delay the delivery of oil supply in the country. Sen. Sherwin Gatchalian, chairman of the Senate...
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...
Whether it was "early politicking" or "early campaigning," President Marcos will not pay any attention to the newly-formed political coalition 's intention, Malacañang said. "Kung anuman po ang ninanais nila sa gitna ng krisis sa Middle East, iyong maaga nilang pamumulitika, iyong maaga...
Saying that President Marcos has failed to deliver substantial relief to the people amid the impacts of the Middle East crisis on the country is a huge lie, Malacañang said. Palace Press Officer and Communications Undersecretary Claire Castro said seen or not seen, Marcos continue to work and...
President Marcos is expected to announce his decision on the fuel excise tax cut on Tuesday, April 14, as the law granting him emergency powers to either reduce or suspend excise taxes on petroleum products has already taken effect. Marcos has yet to decide on the excise tax cut despite the...
President Marcos lauded Filipinos for showing “bayanihan” or community spirit amid the ongoing oil crisis triggered by the conflict in the Middle East. In his latest vlog, the President called on the public to embody unity and compassion as the country faces rising fuel costs and economic...
A major rollback in fuel prices is set to take effect on Tuesday, April 14, offering relief to consumers amid recent volatility in global oil markets, President Marcos announced. “Simula Martes, April 14, may malaking rollback sa presyo ng langis (Starting Tuesday, April 14, there will be a big...
President Marcos and First Lady Liza Araneta-Marcos spent a quiet “date night” on Saturday evening, April 11, stepping out for dinner in what appeared to be a light moment amid persistent online rumors about the President’s health. “Took Liza out for a quiet dinner, just a bit of time away...
The House leadership wants to institutionalize a national protection system that would ensure Filipinos are not left to bear the full burden of another fuel-driven crisis similar to what is currently happening. For this purpose, House Speaker Faustino "Bojie" Dy III and Majority Leader Sandro...
