According to a release published by the Philippine Information Agency, President Ferdinand R. Marcos Jr. ordered the removal (suspension) of excise tax on liquefied petroleum gas (LPG) and kerosene on 13 April 2026. As previously reported, the President was granted the authority to temporarily suspend or reduce excise taxes on petroleum products under defined conditions by Republic Act No. 12316, which entered into force on 9 April 2026. Excise taxes may be suspended or reduced for up to th…