April 27, 2018, 6:58 am
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1 Philippine Peso = 0.07067 UAE Dirham
1 Philippine Peso = 2.04214 Albanian Lek
1 Philippine Peso = 0.03425 Neth Antilles Guilder
1 Philippine Peso = 0.39475 Argentine Peso
1 Philippine Peso = 0.02545 Australian Dollar
1 Philippine Peso = 0.03425 Aruba Florin
1 Philippine Peso = 0.03848 Barbados Dollar
1 Philippine Peso = 1.61997 Bangladesh Taka
1 Philippine Peso = 0.03093 Bulgarian Lev
1 Philippine Peso = 0.00725 Bahraini Dinar
1 Philippine Peso = 33.69213 Burundi Franc
1 Philippine Peso = 0.01924 Bermuda Dollar
1 Philippine Peso = 0.02511 Brunei Dollar
1 Philippine Peso = 0.13181 Bolivian Boliviano
1 Philippine Peso = 0.06731 Brazilian Real
1 Philippine Peso = 0.01924 Bahamian Dollar
1 Philippine Peso = 1.27622 Bhutan Ngultrum
1 Philippine Peso = 0.18873 Botswana Pula
1 Philippine Peso = 385.22224 Belarus Ruble
1 Philippine Peso = 0.03844 Belize Dollar
1 Philippine Peso = 0.02475 Canadian Dollar
1 Philippine Peso = 0.01901 Swiss Franc
1 Philippine Peso = 11.59746 Chilean Peso
1 Philippine Peso = 0.12188 Chinese Yuan
1 Philippine Peso = 54.13893 Colombian Peso
1 Philippine Peso = 10.81297 Costa Rica Colon
1 Philippine Peso = 0.01924 Cuban Peso
1 Philippine Peso = 1.75101 Cape Verde Escudo
1 Philippine Peso = 0.40451 Czech Koruna
1 Philippine Peso = 3.40254 Djibouti Franc
1 Philippine Peso = 0.11828 Danish Krone
1 Philippine Peso = 0.95228 Dominican Peso
1 Philippine Peso = 2.20275 Algerian Dinar
1 Philippine Peso = 0.24835 Estonian Kroon
1 Philippine Peso = 0.33981 Egyptian Pound
1 Philippine Peso = 0.52376 Ethiopian Birr
1 Philippine Peso = 0.01587 Euro
1 Philippine Peso = 0.03935 Fiji Dollar
1 Philippine Peso = 0.01378 Falkland Islands Pound
1 Philippine Peso = 0.01381 British Pound
1 Philippine Peso = 0.08579 Ghanaian Cedi
1 Philippine Peso = 0.89994 Gambian Dalasi
1 Philippine Peso = 173.19607 Guinea Franc
1 Philippine Peso = 0.14116 Guatemala Quetzal
1 Philippine Peso = 3.98422 Guyana Dollar
1 Philippine Peso = 0.15097 Hong Kong Dollar
1 Philippine Peso = 0.45338 Honduras Lempira
1 Philippine Peso = 0.11771 Croatian Kuna
1 Philippine Peso = 1.2411 Haiti Gourde
1 Philippine Peso = 4.96671 Hungarian Forint
1 Philippine Peso = 267.13488 Indonesian Rupiah
1 Philippine Peso = 0.06892 Israeli Shekel
1 Philippine Peso = 1.28763 Indian Rupee
1 Philippine Peso = 22.78237 Iraqi Dinar
1 Philippine Peso = 808.15854 Iran Rial
1 Philippine Peso = 1.95209 Iceland Krona
1 Philippine Peso = 2.37271 Jamaican Dollar
1 Philippine Peso = 0.01363 Jordanian Dinar
1 Philippine Peso = 2.10216 Japanese Yen
1 Philippine Peso = 1.92419 Kenyan Shilling
1 Philippine Peso = 1.32033 Kyrgyzstan Som
1 Philippine Peso = 77.1599 Cambodia Riel
1 Philippine Peso = 7.74909 Comoros Franc
1 Philippine Peso = 17.31768 North Korean Won
1 Philippine Peso = 20.73446 Korean Won
1 Philippine Peso = 0.00578 Kuwaiti Dinar
1 Philippine Peso = 0.01578 Cayman Islands Dollar
1 Philippine Peso = 6.31441 Kazakhstan Tenge
1 Philippine Peso = 159.45738 Lao Kip
1 Philippine Peso = 28.95901 Lebanese Pound
1 Philippine Peso = 3.03079 Sri Lanka Rupee
1 Philippine Peso = 2.52088 Liberian Dollar
1 Philippine Peso = 0.23908 Lesotho Loti
1 Philippine Peso = 0.05866 Lithuanian Lita
1 Philippine Peso = 0.01194 Latvian Lat
1 Philippine Peso = 0.02571 Libyan Dinar
1 Philippine Peso = 0.17834 Moroccan Dirham
1 Philippine Peso = 0.3172 Moldovan Leu
1 Philippine Peso = 0.97229 Macedonian Denar
1 Philippine Peso = 25.57245 Myanmar Kyat
1 Philippine Peso = 45.98807 Mongolian Tugrik
1 Philippine Peso = 0.15549 Macau Pataca
1 Philippine Peso = 6.79238 Mauritania Ougulya
1 Philippine Peso = 0.64845 Mauritius Rupee
1 Philippine Peso = 0.2996 Maldives Rufiyaa
1 Philippine Peso = 13.77275 Malawi Kwacha
1 Philippine Peso = 0.36266 Mexican Peso
1 Philippine Peso = 0.07533 Malaysian Ringgit
1 Philippine Peso = 0.239 Namibian Dollar
1 Philippine Peso = 6.90783 Nigerian Naira
1 Philippine Peso = 0.5965 Nicaragua Cordoba
1 Philippine Peso = 0.15376 Norwegian Krone
1 Philippine Peso = 2.05118 Nepalese Rupee
1 Philippine Peso = 0.02719 New Zealand Dollar
1 Philippine Peso = 0.0074 Omani Rial
1 Philippine Peso = 0.01924 Panama Balboa
1 Philippine Peso = 0.06226 Peruvian Nuevo Sol
1 Philippine Peso = 0.06253 Papua New Guinea Kina
1 Philippine Peso = 1 Philippine Peso
1 Philippine Peso = 2.22244 Pakistani Rupee
1 Philippine Peso = 0.06713 Polish Zloty
1 Philippine Peso = 106.81739 Paraguayan Guarani
1 Philippine Peso = 0.07004 Qatar Rial
1 Philippine Peso = 0.07398 Romanian New Leu
1 Philippine Peso = 1.20728 Russian Rouble
1 Philippine Peso = 16.27497 Rwanda Franc
1 Philippine Peso = 0.07215 Saudi Arabian Riyal
1 Philippine Peso = 0.15075 Solomon Islands Dollar
1 Philippine Peso = 0.25842 Seychelles Rupee
1 Philippine Peso = 0.34734 Sudanese Pound
1 Philippine Peso = 0.1666 Swedish Krona
1 Philippine Peso = 0.02553 Singapore Dollar
1 Philippine Peso = 0.01378 St Helena Pound
1 Philippine Peso = 0.42728 Slovak Koruna
1 Philippine Peso = 150.08659 Sierra Leone Leone
1 Philippine Peso = 10.83317 Somali Shilling
1 Philippine Peso = 389.09177 Sao Tome Dobra
1 Philippine Peso = 0.16837 El Salvador Colon
1 Philippine Peso = 9.90918 Syrian Pound
1 Philippine Peso = 0.23902 Swaziland Lilageni
1 Philippine Peso = 0.60785 Thai Baht
1 Philippine Peso = 0.04673 Tunisian Dinar
1 Philippine Peso = 0.04257 Tongan paʻanga
1 Philippine Peso = 0.07818 Turkish Lira
1 Philippine Peso = 0.13 Trinidad Tobago Dollar
1 Philippine Peso = 0.57066 Taiwan Dollar
1 Philippine Peso = 43.7945 Tanzanian Shilling
1 Philippine Peso = 0.50356 Ukraine Hryvnia
1 Philippine Peso = 71.29113 Ugandan Shilling
1 Philippine Peso = 0.01924 United States Dollar
1 Philippine Peso = 0.54531 Uruguayan New Peso
1 Philippine Peso = 155.05099 Uzbekistan Sum
1 Philippine Peso = 1284.77966 Venezuelan Bolivar
1 Philippine Peso = 438.02193 Vietnam Dong
1 Philippine Peso = 2.04753 Vanuatu Vatu
1 Philippine Peso = 0.04934 Samoa Tala
1 Philippine Peso = 10.40485 CFA Franc (BEAC)
1 Philippine Peso = 0.05195 East Caribbean Dollar
1 Philippine Peso = 10.40485 CFA Franc (BCEAO)
1 Philippine Peso = 1.88359 Pacific Franc
1 Philippine Peso = 4.80854 Yemen Riyal
1 Philippine Peso = 0.23908 South African Rand
1 Philippine Peso = 99.85568 Zambian Kwacha
1 Philippine Peso = 6.96363 Zimbabwe dollar

Group bats for price czar

Consumer group Laban Konsyumer Inc. proposed the appointment of a price czar who will oversee the possible impact on prices of the implementation of the Tax Reform for Acceleration and Inclusion (TRAIN).

Vic Dimagiba, LKI convenor, in a statement said the price czar should be a top-level or high ranking official from the executive branch who would oversee, coordinate and whip the baton on regulators whose industries under their mandate are affected by the TRAIN.

But Presidential Spokesman Harry Roque  dismissed as “superfluous” the call for the appointment of a price czar to monitor and ensure that there would be no unnecessary price surge since the Department of Trade and Industry is already monitoring the prices of commodities.

Energy undersecretary for his part welcomed the suggestion as it can help  government regulators in  filing charges against industries that will abuse the new tax law.

The higher excise taxes under TRAIN are levied on specific products which Dimagiba said would impact on land, sea and air fares; the prices of basic and prime goods (both agricultural and non agricultural) beverages, cigarettes, petroleum products  and automobiles; power rates as well as the cost of goods and services of taxpayers.

“There are many government agencies that are tasked by their mandate to hear and decide various petitions to pass on the taxes to the prices of the goods and services they sell. Consumers need a coordinated and systematic implementation of all these rippling impact on prices of goods and services,” Dimagiba said.

But he said not a single government agency can see the impact of the TRAIN  in the entire supply chain.

“Timing is important. Existing inventories vary industry to industry. For one sardines manufacturers have 6 to 8 months stocks. This situation is true for other industries like cigarettes, beverages, automobiles and others,” Dimagiba said.

“We appeal to the President and his economic team that a price czar be appointed to perform a specific work and mandate and lay the basis and foundation of an organized and reasonable implementation of the TRAIN Act,” he added.

But Dimagiba noted the price czar must be someone without prior conflict of interest in business. 

“The price czar shall be the shield the consumers can hope that the implementation of the TRAIN Act and its impact on prices are justified . The price czar can recommend to the President to remove regulators who will not be able to be fair and right and just in their job. The price czar should be able to direct government regulators to file charges against abusive industries,” Dimagiba said.
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