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The issuance of Executive Order (EO) No. 41 of President Ferdinand R. Marcos Jr. will be a boon to consumers, manufacturers, and truckers as it will significantly reduce the prices of consumer goods especially as the Christmas season approaches, an official of the Department of Trade and Industry (DTI) said.
The Department of Trade and Industry (DTI) urged local government units (LGUs) to religiously comply with the provisions of Executive Order (EO) No. 41, which suspends ‘pass-through’ fees of motor vehicles on national roads.
The Department of Trade and Industry said on Saturday that the issuance of Executive Order (EO) No. 41, suspending pass-through fees for vehicles transporting goods, is a welcome development for manufacturers and transporters.
The Philippines’ economic team reiterates full support and endorsement of the President’s recent decision to impose a price cap on rice while emphasizing the importance of immediately implementing a comprehensive set of measures aimed at securing long-term stability within the rice market.
TO ensure the efficient movement of goods across regions, President Ferdinand Marcos Jr. suspended the collection of the «pass-through fees» among local government units (LGUs) for any vehicles that are transporting any goods, Malacañang announced Friday.
TO ensure the efficient movement of goods across regions, President Ferdinand Marcos Jr. suspended the collection of the «pass-through fees» among local government units (LGUs) for any vehicles that are transporting any goods, Malacañang announced Friday.
MANILA, Philippines — Local government units have been ordered to stop collecting “pass-through fees” from all motor vehicles transporting goods or merchandise going through any national road and other roads not constructed and funded by the LGUs.
President Ferdinand R. Marcos Jr. has ordered the local government units (LGUs) to suspend the collection of the “pass-through fees” to ensure the efficient movement of goods across regions aligned with the government’s strategies to revitalize local industries under the Philippine Development Plan 2023-2028.