BIR fast-tracks PNOC fuel imports amid crisis
The Bureau of Internal Revenue (BIR) has expedited the emergency importation of petroleum products by PNOC Exploration Corporation (PNOC-EC), issuing a special permit through its Large Taxpayers Service (LTS) to accelerate the transaction under a declared energy emergency.
Fuel prices surge again; diesel jumps over P12, gas hikes continue
Fuel prices will increase again on Tuesday, March 31, as global oil costs remain high under the ongoing conflict in the Middle East.
OGP says Didipio mine life extended to 2037
OceanaGold (Philippines) Inc. (OGP) said its updated technical reports show that the Didipio gold and copper mine will operate until 2037.
ABS-CBN rejects anew alleged audit claims
ABS-CBN Corp., once the country’s largest broadcast network, on Monday dismissed anew claims of unresolved audit issues and firmly rejected reports that a proposed P2-billion capital infusion would be used for directors’ payouts, seeking to distance itself from a boardroom dispute within Lopez Inc., the company owned by its major shareholders.
Gov’t pushes urgent carpooling plan as fuel prices surge
The government is planning to launch a carpooling program to help reduce transportation costs and traffic congestion amid rising fuel prices caused by tensions in the Middle East.
