price

Senate version sets higher excise taxes on cars

The latest Senate version of the first comprehensive tax reform package is proposing that the excise tax on cars would have a higher rate next year from what was passed in the Lower House last May, a…

Campi: Higher excise tax on vehicles ‘sending wrong signal’ to automotive investors

Auto industry players said the Department of Finance was sending a wrong signal to investors with its plan to raise excise taxes on vehicles, even as the government maintained that higher prices would not necessarily deter purchases.…

Mitsubishi to hike prices due to peso slide

Mitsubishi Motors Philippines Corp. (MMPC) on Monday warned of an impending price increase across its catalog, which the company blamed on the deterioration of the peso’s value against the dollar. MMPC said it expected to raise prices…

Price still drives the market, says CAMPI president

Many Filipinos are familiar with the term “Black Friday,” a shopping lingo referring to the day after Thanksgiving in the United States—usually the day after the fourth Thursday of November—when most major retailers open very early and…

Driven Mom’s driving wishes

I had a dilemma as to what topic I should write about this week. There are two big events happening, one is the May 9 presidential election, and the other is Mother’s Day. I initially thought of…