Philippines Suspends Excise Taxes on LPG and Kerosene to Combat Energy Crisis

According to a report by Thai Post on September 25, 2026, the Philippine government has officially suspended excise taxes on specific petroleum products, namely liquefied petroleum gas (LPG) and kerosene. This fiscal measure is intended to provide relief to consumers and businesses struggling with the effects of the current energy crisis.

For residents and expatriates living in the Philippines, this policy change is expected to lower the cost of essential household fuels, potentially easing inflationary pressures on daily living expenses. Travelers visiting the country may notice the indirect economic effects of these stabilized fuel prices, particularly in sectors reliant on energy logistics.

While the suspension aims to provide immediate financial relief, the long-term duration of this tax holiday remains to be confirmed. Authorities have not yet specified a definitive end date for the policy, nor have they detailed the full scope of the fiscal impact on the national budget. Stakeholders are advised to monitor official government announcements for updates regarding the duration of these tax exemptions and any potential adjustments to fuel pricing regulations as the energy situation evolves.