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Reuters
Reuters
Business

Philippines lower house approves bill taxing single-use plastics

FILE PHOTO: People sort through plastic bottles they collected and are about to sell at a junk shop in Manila March 10, 2015. REUTERS/Romeo Ranoco/File Photo

The Philippines' lower house of Congress approved on Monday a measure that would slap taxes on single-use plastics, in step with President Ferdinand Marcos Jr's commitment to tackle ocean pollution.

A tax of 100 pesos ($1.75) would be levied on firms for every kilogram of single-used plastics that they produce or import, the bill said, and it would rise by 4% annually starting in 2026 to discourage usage and protect the environment.

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