Tax on single-use plastics tagged as additional cost, review sought

OFFICIALS of two business groups are thumbing-down the plan of the Marcos government to impose a tax on single-use plastics. “I think they should look at the collection system and the reusing [first] rather than forbidding the [use of] plastic itself,” Sergio R. Ortiz-Luis Jr., president of the Philippine Exporters…

OFFICIALS of two business groups are thumbing-down the plan of the Marcos government to impose a tax on single-use plastics.

However, some of his fellow officials at Philexport, the umbrella organization of exporters in the country, are keen on supporting the proposed imposition of an excise tax on single-use plastics. For example, some housewives now carry a lot of paper when they go shopping, Ortiz-Luis said noting that some establishments charge P2 for paper bag.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BusinessMirror /  🏆 19. in PH

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

[OPINION] Marcos still fails to protect Manila Bay despite suspending reclamation'It has been almost 15 years since the Supreme Court issued a continuing mandamus to rehabilitate Manila Bay, and yet what’s happening on the ground is the complete opposite'
Read more »

Marcos recognizes modern day heroes, tearfully remembers OplePRESIDENT Ferdinand “Bongbong” Marcos Jr. recognized on Monday, August 28, 2023, the noble contributions of late Department of Migrant Workers Secretary Susan “Toots” Ople...
Read more »

Marcos pays tribute to Toots Ople: ‘One of the best people I’ve ever known’The President pays tribute to his late DMW chief, emphasizing the need to continue her work in fighting for OFW rights
Read more »

Marcos recognizes modern day heroes, tearfully remembers OplePRESIDENT Ferdinand “Bongbong” Marcos Jr. recognized on Monday, August 28, 2023, the noble contributions of late Department of Migrant Workers Secretary Susan “Toots” Ople...
Read more »

Marcos: Unleash inner hero, act genuinely for good of other people'All of us can be heroes, one way or another,' President Ferdinand Marcos Jr. said Monday as the nation marked
Read more »

History 101: Debt-driven governance undid the administration of Ferdinand Marcos Sr.WE join Senators Koko Pimentel, Risa Hontiveros, Imee Marcos and Bato de la Rosa who expressed concern over the ballooning national debt and who are questioning the PBBM administration’s excessive reliance on borrowings to cover the country’s widening fiscal deficits. The economic team of DOF Secretary Ben Diokno revealed staggering…
Read more »