Higher pickup prices loom on the horizon after President Ferdinand Marcos Jr. signed Senate Bill No. 2865, known as the ...

While the President vetoed several provisions of CMEPA, the re-imposition of the excise tax on pickup trucks was not among ...

Congress, by a 190-4 vote, approved House Bill 11360 that aims to arrest declining excise tax collections and to combat the ...

TOBACCO farmers are rallying behind a House measure aimed at curbing the rampant illicit trade of cigarettes and vapor products, which they say is crippling their livelihoods owing to the unchecked ...

High excise taxes in the Philippines are pushing adult consumers to buy cheaper, illegal cigarettes and vapes, causing smoking rates to increase, industry ...

Lower consumption of 'sin' products as prices of essential goods increased last year resulted in the drop of excise tax collections by the government, further exacerbated by the still rampant illicit ...

The 2012 Philippines Sin Tax Law raised and simplified tobacco and alcohol excise taxes, which increased government revenues and reduced smoking. The law helped the Philippines break free of its h ...

Senator Sherwin Gatchalian has denounced the rampant illicit tobacco trade in the Philippines on Monday and demanded ...

This means hybrids get 50% off applicable excise taxes, while full battery EVs get ... hailed the law’s passage, stating the Philippines is now in a position of strength to further woo hi ...

A Filipino economist said that excise tax rates on cigarettes in the Philippines should be revisited to bring them closer to the revenue-maximizing rate. Bienvenido S. Oplas Jr., president of ...