(Eagle News) – President Rodrigo Duterte has issued an executive order providing for the temporary increase of import duty on petroleum products, in an effort to augment the government’s resources in combating COVID-19. Under Executive Order No. 113, a “temporary additional import duty of ten percent (10%)” will be imposed on imported crude oil and refined petroleum products, on top of existing import duties. “[T]here is an urgent need to augment the Government’s resources to […]