MANILA (AFX-ASIA) – Listed oil refiner Petron Corp will receive tax breaks from the government for the 5.5-billion peso modernisation of its refinery in the province of Bataan, the Board of Investment (BoI) said. (US$1=55 peso). The BoI said it has approved the grant of fiscal and non-fiscal incentives for Petron’s refinery upgrade, and at…
PHILIPPINES: Petron Corp receives tax perks for 5.5-billion peso refinery upgrade
Posted on November 17, 2003 by EnergyAsia