Transport groups: Scrap, not just suspend, fuel taxes amid price hikes

2026-03-26 - 04:00

MANILA, Philippines — President Ferdinand Marcos Jr. should have abolished the excise tax and value added tax (VAT) on fuel products, instead of suspending or reducing their taxes, amid the rising cost of fuel caused by tension in the Middle East, transport group Piston said on Thursday. Piston president Mody Floranda said this as the