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 of oil prices globally and locally, arguing...
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 III. Dominguez, in a BusinessWorld report, said...
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 to Finance Sec. Carlos Dominguez III. The...
The Bureau of Customs (BOC) ordered Pilipinas Shell Petroleum Corporation (PSPC) to pay the first installment of its Php3.49 billion back taxes for its past alkylate importations on or before December 27....
The Department of Finance is looking into the possibility of getting foreign governments to buy out shareholdings in corporations that run coal-fired power plants in the Philippines. Finance Secretary Carlos G. Dominguez...
Finance Sec. Carlos Dominguez III has urged multilateral development banks (MDBs) to come up with guidelines for vetting climate adaptation projects in developing countries in order to attract private investors. Dominguez outlined...
Sen. Grace Poe, who chairs the Senate Committee on Public Services, filed a bill that would institutionalize the immediate suspension of excise tax on fuel products if the average price of Dubai...
The Philippines and Indonesia may be the first countries in Asia to remove coal from their energy mix. This comes on the back of commitments from the Asian Development Bank (ADB) to...
The Department of Energy (DOE) will be sending two men as part of the 19-man Philippine delegation to the United Nations (UN) Climate Change Conference, better known as the 26th Conference of...
The Asian Development Bank (ADB) and the Philippine government, together with Indonesia and Vietnam, are considering the implementation of the energy transition mechanism (ETM) to finance the shift to cleaner energy sources....
