Philippine President Marcos Jr. Signs Law for Fuel Excise Tax Suspension, Delays Implementation
The Philippine government has declared a state of national energy emergency, and President Ferdinand Marcos Jr. has officially signed into law a bill authorizing him to suspend or reduce excise taxes on petroleum products, though he has indicated he will not use these powers immediately.
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Marcos promises 'flow of oil' as Philippines declares energy emergency
The President says the country will procure one million barrels of oil to add to the current stock.
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Read full article →Philippines declares Emergency as energy supplies run short
The Philippines declared a national energy emergency as the conflict in the Middle East threatens fuel supplies and the country’s economy.
Read full article →Marcos signs law allowing him to suspend or reduce fuel excise tax
President Ferdinand Marcos Jr. signs the law a day after declaring a state of national energy emergency in the country
By Rappler.com
Read full article →PNP: 415 gas stations shut for hoarding, overpricing
The Philippine National Police said 415 gas stations across the country had been closed down as of Wednesday for defying government warnings against hoarding, overpricing and other unfair business practices amid the oil price surge triggered by the Middle East conflict. The PNP said most the closures were recorded in the Cordillera Administrative Region (78
By NewsPublish
Read full article →Marcos signs law allowing excise tax freeze, but won't use powers yet
President Marcos set to sign law allowing suspension of fuel excise tax amid rising prices.
By Jean Mangaluz
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