News
Cut the VAT! Legarda seeks to make food, medicines cheaper
10+ hour, 22+ min ago (433+ words) Senator Loren Legarda is seeking lower prices on everyday essentials through two new Senate bills reforming the value added tax (VAT) system. The two bills aim to lower the VAT on essential goods and services while maintaining higher taxes on…...
High fuel prices may push GDP by as high as .3% - DEPDev chief
4+ day, 6+ hour ago (290+ words) Department of Economy, Planning, and Development (DEPDev) Sec. Arsenio Balisacan said that the high prices of petroleum products may push the country's gross domestic product (GDP) by as much as 0.3% this year. During Tuesday's joint briefing of the House Committees…...