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Coal Resources

Malayo sa isinusulong na nilalaman ng tax reform package ang inaprubahang coal tax na unang tinututulan ng pinakamalaking coal producer sa bansa, ang DMCI Holdings.

Continue reading May humudas? Consunji napaburan sa tax reform

PARIS - About 20 companies including Unilever, EDF and Iberdrola joined an international alliance of 26 nations on Tuesday pledging to phase out coal to combat global warming.

Continue reading 20 companies join nations planning coal phaseout

Iginiit ng grupong Worldwide Fund For Nature (WWF) Philippines na hindi dapat awtomatikong ipasa sa konsumer ang magiging pasanin ng coal companies kapag naaprubahan na ang dagdag buwis na napapasailalim sa Tax Reform and Acceleration and Inclusion Act (TRAIN).

Continue reading Coal companies di dapat ipasa sa konsumer ang dagdag-buwis: WWF

MANILA, Philippines — The proposed hike in coal excise tax is threatening the country’s accelerated manufacturing growth target of over 10 percent next year, Trade Secretary Ramon Lopez warns.

Continue reading Coal tax threatens manufacturing resurgence

The Department of Trade and Industry (DTI) urged policy-makers to reconsider the proposed hike in excise tax on coal, as its impact on electricity cost may temper the manufacturing sector’s growth.

Continue reading DTI: Coal tax to affect resurgence of local manufacturing sector

MANILA, Philippines — The proposed coal tax under the Senate-approved version of the Tax Reform for Acceleration and Inclusion (TRAIN) Act is expected to send shockwaves through the power sector, worsening the already poorly situated power cost competitiveness of the country, the Philippine Chamber of Commerce and Industry (PCCI) said.

Continue reading Power sector at risk from higher coal tax

THE Philippine Chamber of Commerce & Industry (PCCI) said plans to increase the excise tax on thermal coal used by power plants threatens to derail growth, possibly upending government plans to make the economy more inclusive.

Continue reading Industry lobby says coal excise defeats gov’t inclusivity goals

RASON, North Korea―A three-meter-high metal fence topped with razor wire in a North Korean port marks the front line of the United Nations’ ban on the coal exports by Pyongyang.

Continue reading Coal piling up over UN sanctions

The Energy Department on Monday warned that a higher excise tax on coal will push up electricity rates and affect the Philippines’ global competitiveness.

Continue reading DoE: Higher coal tax to lift power rates

DAVAO CITY—Environmentalists and activists gave their thumbs-up to the Congressional refinement of a law that would impose a higher tax on the extraction and utilization of coal.

Continue reading Green activists rejoice over higher tax on coal

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