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THE chairman of the House Committee on Ways and Means on Tuesday said the panel will hear proposals to update motor vehicle user’s charges (MVUC) rates, including provision earmarking revenues for local manufacture of PUJs, before it hears proposed taxes on salty and sugary food, when session resumes after President Ferdinand Marcos Jr.’s second State of the Nation Address.
The Metropolitan Manila Development Authority (MMDA) on Wednesday reported that motorcycles traversing EDSA continue to rise with a whopping 58.79 percent jump in May compared to the pre-pandemic period.
ECONOMIC activities such as those in the real-estate sector as well as consumer loans led to a double-digit growth in bank lending in March 2023, according to data from the Bangko Sentral ng Pilipinas (BSP).
The local dealer of Austrian motorcycle brand KTM is targeting to sell nearly 3,000 units and open new dealerships in the Philippines this year.
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