Prices Of Second-Hand Commercial Vehicles Soar Amid TRAIN

Prices of second-hand commercial vehicles have risen by as much as Php150,000, a result of the Tax Reform for Acceleration and Inclusion Act (TRAIN). This was revealed by top buy-and-sell website OLX based on second-hand commercial vehicles ad postings on the portal, from January 2017 to April 2018. Speculations on the TRAIN Law fuelled the…