Israel’s new hard-right government said on Sunday it had dropped a year-old tax that had significantly reduced the consumption of single-use plastic plates and utensils.
JERUSALEM —
Finance Minister Bezalel Smotrich said the tax was canceled and urged customers to check that stores were lowering prices of plastic wares. His spokesman said the tax was repealed for the coming year to help lower consumer prices amid high inflation.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Singapore’s SMEC eyes ‘major role’ in NAIA O&M - BusinessWorld OnlineSMEC Philippines, Inc., a unit of Singaporean infrastructure and urban development consultancy company Surbana Jurong Group, said it is now preparing its expression of interest for the technical aspect of the operations and maintenance (O&M) of the Ninoy Aquino International Airport (NAIA).
Read more »
Consumption likely to slow amid looming recession, say experts - BusinessWorld OnlineTHE GOVERNMENT should diversify its major growth drivers to rely less on consumption as household spending is seen to slow amid a potential global recession, analysts said. READ:
Read more »
Philippines to offer VAT refund to foreign tourists by 2024 - BusinessWorld OnlineMANILA — Philippines President Ferdinand Marcos has approved a value-added tax refund programme for foreign tourists by 2024 to attract more visitors, the Presidential Communications Office (PCO) said on Sunday. The government collects a 12% VAT on goods consumed within the Southeast Asian country. The plan is to allow foreigners to get a VAT refund […]
Read more »
Cemex shares surge after P2.1-B tender offer plan - BusinessWorld OnlineINVESTORS loaded up on shares in Cemex Holdings, Philippines, Inc. after its parent company announced an offer to acquire more shares in the local unit to solidify its stake. Data from the Philippine Stock Exchange (PSE) show trading of the cement manufacturer’s shares reached 421.70 million worth P473.93 million from Jan. 23 to 27. The […]
Read more »
Rates of Treasury bills, bonds may decline on tightening bets - BusinessWorld OnlineRATES of government securities on offer this week could track secondary market yields’ broad decline ahead of the US central bank’s policy review and dovish hints from the Bangko Sentral ng Pilipinas (BSP) chief. The Bureau of the Treasury (BTr) will auction off P15 billion in Treasury bills (T-bills) on Monday, made up of P5 […]
Read more »
DA resumes search for onion production sites in Davao - BusinessWorld OnlineTHE Department of Agriculture’s (DA) Davao regional office is resuming the search for potential onion production areas following the recent spike in prices of the root crop, which is hardly grown in the southern Philippines. DA Davao Regional Director Abel James I. Monteagudo said a directive to explore possible onion farming sites nationwide dates back […]
Read more »