Philstar.com·3 min read·medium
PCCI backs removal of system loss charge, power VAT, but…
L
Louella Desiderio✦AI Summary
The Philippine Chamber of Commerce and Industry (PCCI) is advocating for the removal of systems loss charges and VAT on electricity to lower costs for consumers and businesses. The group emphasizes that while this is a positive step, broader energy reforms and a diversified energy mix are necessary for long-term economic competitiveness.
MANILA, Philippines - The country's largest business organization supports the removal of systems loss charges and value-added tax (VAT) on electricity, noting these would reduce power costs for households and industries.
businesseconomypolitics
✦
Get the full story
Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.
Create free accountAlready have an account? Sign in