Groups renew lobby vs rice import liberalization
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GROUPS on Tuesday renewed calls to repeal the Rice Tariffication Law passed in 2019, saying it has not brought down the retail…
Marcos files bill scrapping iodization requirement for locally-made salt
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PHILIPPINE STAR/EDD GUMBAN A BILL that will remove the iodization requirement for locally-produced salt has been filed at the Senate. “Local salt…
Solon wants to prioritize measure suspending oil excise tax
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A LAWMAKER reiterated on Tuesday the need to suspend the oil excise tax amid increasing fuel prices. Camarines Sur Rep. Luis Raymund…
House passes bill lowering retirement age for gov’t workers
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THE HOUSE of Representatives approved on Tuesday a bill seeking to lower the optional retirement age of government workers to 56 from…
Hitachi Rail, Transport dep’t sign Malolos-Tutuban rail deal
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JICA THE Department of Transportation and Hitachi Rail signed on Monday the electrical and mechanical systems and track works contract for the…
World Bank approves $600-M loan to support PHL financial sector
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REUTERS THE World Bank has approved a $600-million loan to make the Philippine financial sector more resilient against shocks and boost the…
Fisheries output rises 2.2% in 2022
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PHILSTAR FISHERIES output rose 2.2% led by the marine municipal fisheries and aquaculture segments, the Philippine Statistics Authority (PSA) said. In its…
BoC exceeds January collection target
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PHILSTAR THE Bureau of Customs (BoC) said it surpassed its collection target for January with revenue of P65.801 billion in the Jan….
Output boost seen if sugar milling starts in October
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PHILSTAR A SUGAR Regulatory Administration (SRA) board member said production could rise if the sugar milling season is moved back to its…
Luxury goods tax bill reframed as 25% tax on ‘non-essentials’
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DAY DATE 40 THE long-awaited luxury tax measure has been billed as a tax on “non-essentials” like jewelry, high-end bags and watches,…