House Ways and Means Chair Joey Sarte Salceda (Albay 2nd District) has asked the Bureau of Internal Revenue to look into the filings and tax payments of top rice importers, following allegations of profiteering in the domestic rice trade. “Congress cannot request tax filings. They are protected by Section 270 of the Tax Code. But […]
Read MoreWith the November rate in, it is all but certain that 2024 inflation will be within the 2-4 percent target of the government. This bodes well for both growth and for efforts to further reduce food prices next year. Looking at the month-on-month inflation rate, the prices of rice and corn are on the downtrend, […]
Read MoreHouse Ways and Means Chair Joey Sarte Salceda urged the Climate Change Commission and the Department of Finance to “keep the country’s right to affordable energy at the heart of our decarbonization efforts,” as proposals are being discussed to push high-emitting industries like the power sector and manufacturing to decarbonize. Salceda, the first Asian co-chair […]
Read MoreHouse Ways and Means Chair Joey Sarte Salceda, one of the five chairs of the Murang Pagkain Supercommittee which convened yesterday, says that the aim of the five-committee panel is to “bring rice prices as close as possible to the President’s aspiration of P20 per kilo.” “We will try to push the envelope as close […]
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