The Philippine government is set to fast-track the transition toward clean energy through the development of renewable energy projects to help mitigate climate change. During..
Tag Archives: Department of Finance
House Minority leader and ACT Teachers Representative Rep. France Castro will be refiling a bill in the 19th Congress to remove value-added tax (VAT) on..
Finance Secretary Carlos Dominguez III debunked the claims that there is double taxation in the value-added tax (VAT) on power rates. The statement comes after..
The Philippines is looking forward to future initiatives that would help accelerate the first from coal to sustainable energy sources under the Association of Southeast..
With a historical price increase in oil products last Tuesday, consumers can expect a “massive” rollback next week due to a drop in global crude..
The House Committee on Energy has approved a bill amending Republic Act 8479 or the Oil Deregulation Law as local pump prices continue to rise. ..
The Department of Finance (DOF) is looking at a Php20.3 billion “war chest” that the national government could use for fuel subsidies to critical sectors,..
The Department of Finance (DOF) has turned down the idea of suspending the excise tax on fuel to aid certain sectors despite the continuous rise..
Pilipinas Shell Petroleum Corporation (PSPC) has fully settled with the Bureau of Customs its Php3.49 billion in back taxes, according to Finance Sec. Carlos Dominguez..
Pilipinas Shell Petroleum Corporation has paid Php1.7 billion or nearly half of its Php3.49 billion in back taxes to the Bureau of Customs (BOC), according..