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Excise tax on single-use plastics to yield P34 billion

The move to slap excise taxes on single-use plastics is seen generating P34 billion for the government and curbing the increasing mismanagement that contributes to overall pollution......»»

Category: financeSource:  philstarRelated NewsMar 25th, 2024

BIR eyes P325 billion from excise taxes

The Bureau of Internal Revenue targets to collect higher excise taxes of up to P325 billion this year as the government moves to improve the regulatory environment and address the still rampant illicit trade......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

Excise tax collection declines to P292 billion

Lower consumption of ‘sin’ products as prices of essential goods increased last year resulted in the drop of excise tax collections by the government, further exacerbated by the still rampant illicit trade......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

Bangsamoro dangles coal, oil investments

The Department of Energy is bidding out four pre-determined areas or coal and petroleum exploration in the Bangsamoro Autonomous Region in Muslim Mindanao (B.....»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

Envi group raises concern over Aboitiz coal expansion in Cebu

Envi group raises concern over Aboitiz coal expansion in Cebu.....»»

Category: newsSource:  sunstarRelated NewsFeb 9th, 2024

Biz Leaders Welcome Coal-Fired Power Plant Expansion in Toledo City to Prevent Outages

Business stakeholders in Cebu welcomed the expansion project of a coal-fired power plant in Toledo City as a way to prevent outages that happened in Aklan early this year. They said that concerns about the environment will be “outweighed” by the economic benefits that will come with more power supply considering the dwindling reserves in […].....»»

Category: newsSource:  metrocebuRelated NewsJan 29th, 2024

Early retirement of coal plants to significantly cut CO2 emissions

The early retirement of coal supply agreements in the Philippines is expected to significantly reduce carbon dioxide emissions, aligning the country with the objectives of the Paris Agreement......»»

Category: financeSource:  philstarRelated NewsJan 18th, 2024

‘Vapedemic’ killing tobacco industry’

The proliferation of illegal, disposable vapes is reportedly killing the local tobacco industry as it reduces demand for tobacco-based products, leaving farmers with a shrinking market base......»»

Category: financeSource:  philstarRelated NewsApr 14th, 2024

‘Sayang ang lahi’: Pia Wurtzbach shares struggles as half-Pinay, why no baby yet with Jeremy Jauncey

For Miss Universe 2015 Pia Wurtzbach, being half-Filipino and half-German was not all sunshine and roses......»»

Category: entertainmentSource:  philstarRelated NewsApr 2nd, 2024

Yellow Cab launches Half Moon Pizza

Yellow Cab Pizza Co. introduces Half Moon Pizza, a “just-for-you” size ideal for solo diners and available in Pepperoni and Hawaiian flavors for only P159.00. This budget-friendly alternative is designed for solo diners on a tight budget and is perfect for budget-conscious individuals or someone looking for a lighter meal.  Yellow Cab’s Half Moon Pizzas.....»»

Category: newsSource:  inquirerRelated NewsMar 15th, 2024

Bill pushing P100 daily wage hike gets Senate nod on 2nd reading

MANILA, Philippines — The Senate on Wednesday approved on second reading a bill pushing for a P100-daily minimum wage hike for private sector workers.  Senate Bill No. 2534 under Committee Report No. 190 was unanimously approved during Wednesday’s plenary session. Senate President Juan Miguel Zubiri said that once the wage hike bill gets the final.....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

House of Representatives ratifies bicam report on P3.002-T national budget for 2016

MANILA, Dec. 17 (PNA) — The House of Representatives assured there will be no reenactment of this year’s national budget by ratifying Wednesday night the bicameral conference committee report on House Bill........»»

Category: newsSource:  philippinestodaRelated NewsApr 13th, 2024

Approved without thinking: P26.7-B ‘mysterious ayuda’

Another last-minute insertion in the 2024 national budget has been bared. The P26.7 billion was slipped in by the bicameral conference committee. Senators and representatives then ratified the bicam report. They are all thus answerable to the people for that hanky-panky......»»

Category: newsSource:  philstarRelated NewsFeb 20th, 2024

Senate to prioritize LEDAC bills, not Cha-cha

The Senate would rather prioritize bills listed in the Legislative-Executive Development Advisory Council than rush the passage of the proposed measure to amend the 1987 Constitution – at least based on the chamber’s agenda and schedule for the last week of session.....»»

Category: newsSource:  philstarRelated NewsMar 18th, 2024

Senate pushes VAT on Netflix, HBO

The Senate has started discussions on a proposed measure to impose value-added tax (VAT) on foreign streaming platforms like Netflix and HBO Gold operating in the country......»»

Category: newsSource:  philstarRelated NewsFeb 7th, 2024

Senate reworks vetoed Bulacan ecozone bill

A Senate panel tackled yesterday a proposed measure that would “cure and address” the proposal to create the Bulacan Airport City Special Economic Zone vetoed by President Marcos on his first full day in office......»»

Category: newsSource:  philstarRelated NewsFeb 1st, 2024

Senate creates TWG on anti-financial scams bill

The Senate has created a technical working group) to fine-tune the provisions of the proposed Anti-Financial Account Scamming Act which seeks to protect the transacting public from digital fraud......»»

Category: newsSource:  philstarRelated NewsJan 17th, 2024

Recto bats for tax, tariff relief for hybrids

Finance Secretary Ralph Recto is in favor of granting reduced excise tax and preferential tariff to hybrid vehicles......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

DOF limits tax-exempt status for pickup trucks

The Department of Finance is pushing for only one kind of pickup truck to remain tax-exempt as it insists on the removal of special excise treatment on all other types......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

Resolution condemning China sea aggression filed at Senate

With Chinese aggression at sea intensifying, Senate Majority Leader Joel Villanueva has filed a resolution expressing the Senate’s outrage and condemning the continued “illegal and dangerous actions” of the China Coast Guard and maritime militia in Philippine waters......»»

Category: newsSource:  philstarRelated NewsApr 1st, 2024