Europe-PH News

Some foreign businessmen back suspension of fuel tax: ECCP

May 16, 2018

ABS-CBN News Online

Europe-PH News

MANILA - Some foreign investors are in favor of suspending excise taxes on fuel to assess its impact on the prices of basic goods, the head of a European trade group said on Wednesday.

A second tranche of reforms, which will rationalize incentives for corporations, will also be closely watched by businessmen, said European Chamber of Commerce in the Philippines president Guenter Taus.

This article was originally published in the ABS-CBN News Online on May 16, 2018»

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