Author Archives: gwwsrussi

Foregone gas tax revenue Among the changes within the substitute bill is the non-indexation of the gas excise tax charges to inflation after the three-yr staggered price growth is finished in 2020—a alternate in the authentic measure that’s presently adverse via the DoF. In a separate announcement, Chua said he hopes the supply on indexingContinue reading “Foregone gas tax revenue”

THE Department of Finance (DoF) said higher excise tax on sugar sweetened liquids can generate an extra P47 billion in sales inside the first 12 months of implementation. The DoF issued the statement at some point of a House Committee on Appropriations hearing on Wednesday. The panel is engaging in hearings on a alternative billContinue reading “THE Department of Finance”

Net foreign direct funding (FDI) inflows to the Philippines plunged 46 percentage in February from the preceding month and hit its lowest stage in eight months, central financial institution information showed on Wednesday. Despite a 7 percent rise from a yr-earlier, internet FDI inflows dropped to $366 million in February from $685 million in JanuaryContinue reading “Net foreign direct”

There is likewise this system of entitlement that keeps earnings and the profit motivation out of the farms, and that most effective buyers and consolidators are able to acquire many profits from income. If such were the reverse, maximum smallholder farmers and fisher folk in the Philippines would no longer be locked in perpetual poverty.Continue reading “There is likewise”