Wednesday, May 13, 2026
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Tag: petroleum products

Vanity tax on ‘lipo’ eyed

THREE lawmakers on Monday backed a measure seeking to impose a 10- to 30-percent excise tax on cosmetic products and services such as liposuction,...

Factory output rose by 8.4% in October

Factory output surged 8.4 percent in October, the 12th consecutive month of positive growth, on higher production of petroleum products, non-electrical machineries, and transport...

46 gasoline stations found selling adulterated products

The Energy Department said Tuesday it found 46 gasoline stations selling petroleum products with high methanol blend ranging from 1 percent to 16 percent...

Govt readies fuel marking system

The government plans to implement the fuel marking system in the first quarter of 2017 to eliminate illicit trade of petroleum products, according to...

Govt studying plan to give fuel subsidy

The government is studying a plan to provide fuel subsidies to the poor to reduce the impact of higher excise tax on petroleum products,...

Specific taxes on petroleum proposed

An oil industry executive on Tuesday asked the government to impose a specific tax on petroleum products to generate up to P75 billion in...
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