Camarines Sur 5th district Rep. Migz Villafuerte has echoed the call of the House Legislative Energy Action and Development (LEAD) Council to suspend for two months the collection of value-added tax (VAT) on petroleum products. Villafuerte, chairman of the House Committee on Information and...
The House Legislative Energy Action and Development (LEAD) Council has covered a lot of ground in terms of coming up with a wide range of legislative responses to this era of elevated fuel prices. To their credit, members of the House of Representatives actively participated in the three hearings...
With three exhaustive marathon hearings under its belt, the 13-panel Legislative Energy Action and Development (LEAD) Council is now ready to move on to the next phase of its function--that is, to craft a consolidated legislative response to the fuel price crisis. But don 't call it "Bayanihan...
Angkas Chief Executive Officer (CEO) George Royeca committed in front of House of Representatives members on Wednesday, April 15 that the popular motorcycle ride-hailing company would be slashing its commission from 20 percent to 18 percent. Royeca--speaking during the third hearing of the...
The Speaker Faustino "Bojie" Dy III-led House of Representatives has committeed to pass the long-sought Motorcycle (MC) Taxi Law in the current 20th Congress. This assurance was made during the hearing of the House Legislative Energy Action Development (LEAD) Council on Wednesday, April 16, where...
Batangas 1st district Rep. Leandro Legarda Leviste reiterated his aggressive push for Congress to move ahead with legislation that called for the reduction of value-added tax (VAT) from 12 percent to 10 percent. The outspoken Leviste did so during the latest hearing of the House Legislative...
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...
The expected lifting or reduction of excise taxes on petroleum products must take effect swiftly, or right after President Marcos greenlights it via an executive order (EO). Marikina City 2nd district Rep. Miro Quimbo, presiding officer of the Legislative Energy Action Development (LEAD) Council,...
Department of Economy, Planning, and Development (DEPDev) Secretary Arsenio Balisacan’s call for an investigation on the alleged existence of an oil cartel is gaining traction in the House of Representatives. Mamamayang Liberal (ML) Party-list Rep. Leila de Lima, senior deputy minority leader;...
The House of Representatives is fast-tracking its legislative response to the problem of elevated fuel costs, with the all-encompassing measure expected to be ready once Congress resumes session on May 4. Such was the commitment of the Legislative Energy Action Development (LEAD) Council, a...
Marikina City 2nd district Rep. Miro Quimbo has expressed reservations on the proposed scrapping of value-added tax (VAT) on fuel amid the House of Representatives ' efforts to come up with a legislative response to the persisting fuel price crisis. Quimbo, an economist, is mainly worried...
House Legislative Energy Action Development (LEAD) Council presiding officer Marikina City 2nd district Rep. Miro Quimbo couldn 't help but conclude based on an economic manager 's statements that there was indeed an oil cartel operating in the country. During the first LEAD Council...
