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10-centavo levy vs oil, petroleum tankers constitutional – SC

MANILA, Philippines – The Supreme Court (SC) has declared as constitutional a provision in Republic Act 9483 compelling petroleum tanker and barge operators to pay a 10-centavo levy for each liter of oil in every delivery or transshipment they make from a storage facility to a given destination. The 10-centavo ........»»

Category: newsSource: rappler rapplerSep 12th, 2018

Gas, Diesel Prices Up, Excise Tax Only for New Stocks: DOE

Petroleum companies announced a 20-centavo-per-liter increase in gasoline and a 65-centavo hike in diesel pump prices while no movement was reported on kerosene prices. Shell, Seaoil, PTT Philippines, and Phoenix Petroleum will implement the adjusted... The post Gas, Diesel Prices Up, Excise Tax Only for New Stocks: DOE appeared first on MetroCebu News......»»

Category: newsSource:  metrocebuRelated NewsJan 2nd, 2018

CA junks move to impose 10-centavo levy per liter for oil transhipment - Inquirer.net

CA junks move to impose 10-centavo levy per liter for oil transhipment - Inquirer.net.....»»

Category: newsSource:  googlenewsRelated NewsJan 12th, 2017

CA junks move to impose 10-centavo levy for oil transhipment - Inquirer.net

CA junks move to impose 10-centavo levy for oil transhipment - Inquirer.net.....»»

Category: newsSource:  googlenewsRelated NewsJan 12th, 2017

France to introduce tax on large internet, tech firms

PARIS, France--- France will introduce its own tax on large internet and technology companies from January 1, Finance Minister Bruno Le Maire said Monday amid difficulties in finalising a new EU-wide levy. France has been pushing hard for a new so-called "GAFA tax" -- named after Google, Apple, Facebook and Amazon --- to ensure the global giants pay a fair share of taxes on their massive business operations in Europe. "The tax will be introduced whatever happens on January 1 and it will be for the whole of 2019 for an amount that we estimate at 500 million euros ($570 million)," Le Maire told a press conference in Paris. The low tax rates paid by US tech giants in Europe has...Keep on reading: France to introduce tax on large internet, tech firms.....»»

Category: newsSource:  inquirerRelated NewsDec 17th, 2018

Sri Lanka reinstates ousted prime minister, ending power struggle

COLOMBO, Sri Lanka – Sri Lanka's president on Sunday, December 16, reappointed as prime minister the same man he sacked from the job nearly two months ago , ending a messy power struggle that had paralyzed the island nation. Ranil Wickremesinghe, whose shock dismissal in late October threw Sri Lanka into constitutional crisis , was sworn in at a closed-door ........»»

Category: newsSource:  rapplerRelated NewsDec 16th, 2018

Philippine tankers land 27 golds in Dubai long course swim

The Philippine Swimming League (PSL) copped 13 more gold medals highlighted by a record-breaking performance from Micaela Jasmine Mojdeh in the girls’ 12-year division of the 2018 Hamilton Aquatics Winter Long Course Swimming Championships held at the Hamilton Aquatics Center in Dubai, UAE Sunday......»»

Category: sportsSource:  philstarRelated NewsDec 12th, 2018

Diesel down, gasoline up this week

OIL companies will adjust the prices of petroleum products this week but not as significant as the price adjustments in the previous weeks. The cost of diesel and kerosene will…READ The post Diesel down, gasoline up this week appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsDec 10th, 2018

Davao tankers reel in more gold medals at BIMP-EAGA

Swimming maintained its amazing golden run as the Philippines represented here by Mindanao and Palawan athletes made a final-day show of force at the end of the 10th Brunei-Indonesia-Malaysia-Philippines-Northern Territory-East Asian Friendship Games at the Hassanal Bolkiah National Stadium. Davao tankers reel in more gold medals at BIMP-EAGA Source link: Davao tankers reel in more gold medals at BIMP-EAGA.....»»

Category: newsSource:  manilainformerRelated NewsDec 10th, 2018

Trillanes gets 4 warrants of arrest

The National Capital Region Police Office (NCRPO) on Sunday confirmed that it had received not just one but four warrants of arrest against Sen. Antonio Trillanes IV issued by Judge Melinda Alconcel-Dayanghirang of the Davao City Regional Trial Court Branch 54 on Dec. 7. But NCRPO Director Guillermo Eleazar assured the public that his men would not arrest Trillanes even with the arrest warrant for libel charges filed by the President's son, former Davao City Vice Mayor Paolo Duterte, after the senator linked him to illegal drug smuggling. Immunity from arrest Eleazar said the NCRPO would abide by the senator's constitutional privilege that granted him immunity from arrest for of...Keep on reading: Trillanes gets 4 warrants of arrest.....»»

Category: newsSource:  inquirerRelated NewsDec 9th, 2018

Sandigan affirms coco levy assets seizure

Junking all appeals seeking a reversal or modification of the anti-graft court’s Aug. 7, 2018 ruling, the Sandiganbayan has affirmed its decision awarding P83 billion in coco levy assets to the state......»»

Category: newsSource:  philstarRelated NewsDec 9th, 2018

Sandiganbayan affirms turnover of P75B in coco levy funds to gov t

MANILA, Philippines – The Sandiganbayan junked all appeals against the turnover of at least P75 billion in coconut levy funds to the government. (READ:  Coco levy fund scam: Gold for the corrupt, crumbs for farmers ) In a resolution dated December 3 but released only on Friday, December 7, the court's 2nd Division denied the separate motions for reconsideration seeking ........»»

Category: newsSource:  rapplerRelated NewsDec 9th, 2018

8 PSL bets aim to leave mark in Dubai meet | The Manila Times Online

Eight more Philippine Swimming League (PSL) tankers will be gunning for medals in the second day of the 2018 Hamilton Aquatics Winter Long Course Swimming Championships being held at theREAD The post.....»»

Category: newsSource:  manilanewsRelated NewsDec 8th, 2018

Shell sets P4-B capex for 2019

PILIPINAS Shell Petroleum Corp. (PSPC) is setting aside P4 billion for capital expenditures next year, with its retail business cornering the biggest share of the budget, its top official said......»»

Category: newsSource:  bworldonlineRelated NewsDec 7th, 2018

Angara vows swift action on suspension or scrapping of excise tax hike on fuel

    The Senate will act swiftly once the proposed measures from the House of Representatives on the suspension or repeal of fuel excise tax hike reach the upper chamber of Congress, Senator Sonny Angara said on Thursday.   The House of Representatives on Wednesday started tackling measures on the suspension or repeal of the excise tax on fuel and petroleum products. The lower chamber also created a technical working group to discuss the proposals.   "Ako kumpiyansa ako na 'pag pinasa ng House yan, ipapasa din ng Senado 'yan. Basta ang usapin ay sa buwis, kailangan magmula yan sa Kamara de representante so once pinasa nila, I'm sure mabilis ang ak...Keep on reading: Angara vows swift action on suspension or scrapping of excise tax hike on fuel.....»»

Category: newsSource:  inquirerRelated NewsDec 6th, 2018

Trump asks OPEC not to cut production

WASHINGTON, USA – US President Donald Trump on Wednesday, December 5, urged OPEC members not to slash production at their upcoming meeting, saying global oil prices should remain low. Trump's comment came as members of the Organization of Petroleum Exporting Countries and other oil-producing nations prepared to meet Thursday and Friday, December 6-7, in Vienna to discuss lowering ........»»

Category: newsSource:  rapplerRelated NewsDec 6th, 2018

Duterte wants coconut agency board members to resign

Ahead of the enactment of the coconut levy fund bill, President Duterte wants executives of the Philippine Coconut Authority (PCA) to tender their courtesy resignations, according to Agriculture Secretary Emmanuel Piñol......»»

Category: newsSource:  philstarRelated NewsDec 5th, 2018

Phoenix Petroleum eyes P2B from share sale

PHOENIX Petroleum Philippines, Inc. is targeting to raise P2 billion from the sale of shares as part of its expansion plans. In a disclosure on Wednesday, the Dennis Uy-led oil…READ The post Phoenix Petroleum eyes P2B from share sale appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsDec 5th, 2018

Vocal Coach Tania Levy in Manila/ My Vlog/ Review – Manila Video

Vocal Coach Tania Levy in Manila/ My Vlog/ Review – Manila Video.....»»

Category: newsSource:  manilainformerRelated NewsDec 5th, 2018

Duterte’s jokes take away public attention from big issues — Hilbay

  MANILA, Philippines --- An opposition senatorial candidate on Wednesday lamented how President Rodrigo Duterte's jokes and banters diverted discussions on issues of national interest. Former Solicitor General Florin Hilbay, who is running under the banner of Opposition Koalisyon, said Duterte's statements on his supposed use of marijuana has shifted the nation's attention from the Tax Reform for Acceleration and Inclusion (TRAIN) law's second tranche on oil excise tax hike, proposed constitutional amendments, and martial law extension in Mindanao. "Imbis na isang ilog lang tayo na tumitingin sa napaka-importanteng isyu ng ekonomiya, pagpapahirap sa mamamayan dulot ng TRAIN,...Keep on reading: Duterte’s jokes take away public attention from big issues — Hilbay.....»»

Category: newsSource:  inquirerRelated NewsDec 5th, 2018

Senate not doing its job on charter change, says solon

The chair of the House constitutional amendments panel on Wednesday criticized the Senate for not doing anything to amend the 1987 Constitution......»»

Category: newsSource:  philstarRelated NewsDec 5th, 2018