Tag page - Bayanihan To Recover As One” Act

Only 16 of the 219 aviation industry operators, who were identified as critically impacted business owners in 2020 during the Covid-19 pandemic, got financial assistance from the P300 million allotted by the Civil Aviation Authority of the Philippines (CAAP) and received P52.8 million in “excess...

With the Bayanihan to Recover as One Act (RA 11494)  signed into law, a P10- billion fund has been allotted to  The Small Business Corporation (SBCorp), the government’s micro financing arm. SBCorp announced it will start rolling out on Monday, October 26, the P10-billion fund to ensure...

The Philippine Competition Commission (PCC) has issued rules on review of mergers and acquisitions (M&As) under Bayanihan to Recover as One Act (Bayanihan 2). The new rules took  effect  yesterday. The new rules detail the exemptions from compulsory notification and motu proprio review,...

The Duterte administration has requested for a fresh provisional advance from the Bangko Sentral ng Pilipinas (BSP) in the amount of P540 billion. Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno. (Bloomberg file photo) “The NG has requested for fresh provisional advance of P540...

The Philippine Competition Commission (PCC)  will no longer review mergers and acquisitions with transaction value of less than P50 billion following the suspension of the exercise of this function under the Bayanihan to Recover as One Act (Bayanihan 2). Instead, PCC said will issue the...