PH fuel marking program implementing rules issued

The Philippine government has finally released implementing guidelines for the fuel marking program designed to curb oil smuggling and plug revenue losses arising from…

With TRAIN passage, fuel marking in PH now mandatory

Marking of petroleum products, whether imported or manufactured locally in the Philippines, will now be mandatory under the recently signed Tax Reform for Acceleration…

DOF eyes P2B budget for 2018 launch of fuel marking project

The Department of Finance (DOF) is proposing a P2-billion budget in 2018 to implement the Bureau of Customs’ (BOC) fuel marking program, one of…

DOF, private sector back fuel marking initiative to counter smuggling

Various groups are supporting a Philippine government proposal to adopt a fuel marking and monitoring system to prevent oil smuggling and improve collection of…