‘Pass-through fee removal to result in faster delivery’ - News Summed Up

‘Pass-through fee removal to result in faster delivery’


‘Pass-through fee removal to result in faster delivery’Executive Order 41 prohibits local government units from collecting pass-through fees on national roads and suspends the collection of any form of fees for all types of vehicles transporting goods. MANILA, Philippines — The suspension of pass-through fees will not only bring down logistics costs but also ensure faster delivery of products, according to the Department of Trade and Industry. Executive Order 41 prohibits local government units from collecting pass-through fees on national roads and suspends the collection of any form of fees for all types of vehicles transporting goods. In a news forum over the weekend, Trade Undersecretary Kim Lokin said EO 41 addresses the ease of doing business. This comes after President Marcos issued a rice price cap, which prompted them to issue a P15,000 subsidy to rice retailers who will be affected by the price cut, along with the sari-sari store owners.


Source: Philippine Star October 02, 2023 19:03 UTC



Loading...
Loading...
  

Loading...