President Ferdinand R. Marcos Jr. has issued the executive order suspending for three months the excise taxes on liquefied petroleum gas (LPG) and kerosene that aimed at cushioning households from elevated global oil prices amid an ongoing energy emergency.
Globe Telecom Inc is poised to significantly boost the country’s global connectivity with its entry into the Candle Cable System, a major subsea network across Asia, a report by BMI said.
Department of Trade and Industry (DTI) has extended the price freeze on basic necessities and prime commodities (BNPCs) until May 10, citing easing fuel costs that continue to help stabilize consumer prices.
Tourism Secretary Dita Angara-Mathay has called for a more coordinated push across the sector to sustain tourism’s role as a driver of inclusive economic growth, emphasizing its impact on livelihoods, enterprises, and communities nationwide.