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Second tranche of excise taxes take effect in nearly 2,000 gas stations

Oil firms will raise fuel prices for the third straight week, with the energy department expecting another price hike next week. This comes as motorists bear the brunt of more and more gas stations implementing additional excise taxes. – Business Nightly, ANC, January 21, 2019 https://news.abs-cbn.com/video/business/01/21/19/second-tranche-of-excise-taxes-take-effect-in-nearly-2000-gas-stations

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Maling singil sa krudo? Consumer group files complaint for VAT overcharging

Laban Konsyumer Inc. (LKI) submitted its complaint with the Department of Finance (DOF) regarding the “overcharging gaps” allegedly done by oil companies in implementing the pass-on of value added taxes (VAT) as component of excise taxes in the overall fuel prices. LKI President Victorio Mario A. Dimagiba told Manila Bulletin that he already raised the […]

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Hiling ng transport group: Minimum na pasahe sa jeep ibalik sa P10 – Overpriced na VAT

Umapela ang grupong Federation of Jeepney Operators and Drivers Association of the Philippines (Fejodap) sa Land Transportation Franchising and Regulatory Board (LTFRB) na pag-aralang ibalik sa P10 ang minimum na pasahe sa mga jeep kapag tumuntong sa P40 ang presyo ng kada litro ng diesel. “Ibalik na ito sa pamamagitan ng pag-issue ng provisional fare […]

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Consumer group raps oil firms for VAT overcharging

Advocacy group Laban Konsyumer, Inc. (LKI) has formally lodged its complaint with the Department of Finance (DOF) on the “overcharging raps” allegedly committed by the oil companies relative to the pass-on of value-added taxes (VAT) as component of excise taxes in the overall pump prices. LKI President Victorio Mario A. Dimagiba disclosed to the media […]

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Branded na tinapay di kailangan ng SRP: DTI

Pagpataw ng SRP sa semento, pag-aaralan din ng DTI Iginiit ng Department of Trade and Industry (DTI) na hindi na kailangang patawan ng suggested retail price (SRP) ang branded na tinapay kasunod ng panawagan ng isang consumer group. Ayon kay Trade Undersecretary Ruth Castelo, may ibang mas murang tinapay naman daw na puwedeng bilhin ang […]

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Consumer Group Pushing Suggested Retail Prices (SRP) for Branded Bread and Cement

Laban Konsyumer Inc. and its President Atty. Victorio Mario A. Dimagiba  wrote to Atty. Ruth B. Castelo, Undersecretary of Consumer Protection Group of Department of Trade and Industry  and copied Director Domingo Tolentino of the Consumer Protection Advocacy Bureau , regarding the imposition of Suggested Retail Prices, SRP, for branded bread products and cement. In […]

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Suggested retail prices for branded bread products and cement type 1P

Dear Undersecretary Castelo, Laban Konsyumer Inc.  respectfully submits for the DTI action our proposals to include branded bread products and cement Type 1P in the Expanded Suggested Retail Prices of basic necessities and prime commodities. On branded bread products On branded bread products, we recall that the DTI announced last year that it was adding […]

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Taas-presyo sa petrolyo nagbabadya

Nakaamba ang posibilidad ng pagtaas ng presyo ng produktong petrolyo sa susunod na linggo bunsod ng paggalaw ng presyo ng langis sa pandaigdigang merkado. Mula Lunes hanggang Miyerkoles, P1.80 kada litro na ang iminahal ng imported na diesel, habang P1.20 naman ang iminahal ng imported na gasolina. Tumaas din ng P1.50 ang kada litro ng […]

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UnTV Special Report on Oil Prices

UNTV Special Report on Oil Prices https://youtu.be/mTMlfT91EbQ?t=360

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Laban Konsyumer sees inflation above 4% in 2019

MANILA — Consumer group Laban Konsyumer, Inc. (LKI) expects this year’s inflation rate to surpass the government’s 2 percent to 4 percent inflation target. In a statement Tuesday, LKI president Victorio Mario Dimagiba said the consumer price index (CPI) will likely shoot above the 4 percent ceiling, mainly because excise taxes on petroleum products will be […]