Tag page - CONWEP

Twenty industry associations on Tuesday, ( July 13) issued an urgent call on government to repeal Bureau of Internal Revenue Regulation 9-2021 that implements 12 percent value added tax (VAT) on exporters’ domestic purchases and indirect exports as this further erodes the competitiveness of the...

Underutilized factory capacities After investing billions of pesos ($35M) to repurpose their manufacturing facilities into assembly lines for the production of medical-grade personal protective equipment (PPEs) needed during this pandemic, local producers are suffering from underutilized capacities...