The country’s rosy economic environment failed to lure more foreign investments in the third-quarter, data from the Philippine Statistics Authority (PSA) showed. The PSA reported Tuesday, Nov. 15, that the total approved foreign investments in July to September 2022 went down by 22 percent to...
Trade and Industry Secretary Alfredo E. Pascual has convened the Inter-Agency Investment Promotion Coordination Committee (IIPCC), composed of various government investment promotion agencies (IPAs), to provide direction on investment promotion drives and ensure efforts will lead to improvement in...
A book recognizing eight Filipino inventors as part of the book series entitled "Towards Attainment of Progress through Innovation” is set to be released this month, the Department of Science and Technology (DOST-TAPI) said on Tuesday, Aug. 9. Tanaw’s book cover is illustrated by a visual...
Senator Sherwin Gatchalian has filed a measure seeking to strengthen the delivery of mental health services in basic education schools in the Philippines. Gatchalian filed Senate Bill (SB) No. 379 or the Basic Education Mental Health and Well-Being Promotion Act in hopes of immediately countering...
Department of the Interior and Local Government (DILG) Sec. Benjamin ‘Benhur’ Abalos vowed on Wednesday, July 6, to rid the department and its attached agency with rogue personnel after receiving complaints of the promotion for a fee scam at the Bureau of Fire Protection (BFP). He was reacting...
More than 9,000 personnel of the Philippine Coast Guard (PCG) were promoted to the next higher rank on Monday, July 4, the single biggest promotion in the history of the organization. More than 9,000 personnel of the Philippine Coast Guard (PCG) are promoted to the next higher rank in a ceremony...
DAVAO CITY – The city government of Davao is eyeing the establishment of agro-industrial economic zones in two areas to attract more investments here, an official of the Davao City Investment Promotions Center (DCIPC) said. During the media forum Wednesday, June 29, at Habi at Kape at the Abreeza...
The Fiscal Incentives Review Board (FIRB) has instructed all investment promotion agencies (IPAs) to submit a copy of the schedule of rates for their various services relating to the grant and administration of tax incentives. In a statement, Finance Assistant Secretary and FIRB Secretariat Head...
Approved foreign investments dropped by half in the first three-months of the year despite improving economic condition amid the prolonged pandemic, data from the Philippine Statistics Authority (PSA) revealed. Based on the PSA report, total foreign investments declined 54 percent to P8.98 billion...
The Fiscal Incentives Review Board (FIRB) is planning to set uniform charges on registered Philippine Offshore Gaming Operations (POGO) with the investment promotion agencies (IPAs). Finance Assistant Secretary and FIRB Secretariat Head Juvy Danofrata said on Thursday, April 21, that they will look...
The Department of Finance (DOF) wants investment promotion agencies (IPAs) to maximize the P58-billion budgetary support they got from the national government by luring more investments into the country. In a statement, Finance Secretary Carlos G. Dominguez III said on Monday, April 18, that...
In line with the celebration of Women's Month, the Department of Agrarian (DAR) conducted a five-day trade fair for farmers' organizations nationwide to help them promote their agricultural products. Aside from promoting farm products, DAR Support Services Office Undersecretary Emily Padilla said...
