A labor-employer-government meeting agreed in principle to ask government to extend a loan facility to micro enterprises to pay for the mandatory 13th month pay of their employees which is estimated between P500 million to P1 billion. Employers Confederation of the Philippines (ECOP) President...
As Senate continues to debate on the Corporate Recovery and Tax Incentives for Enterprises (CREATE) bill emotionally, two big electronics companies are shutting down operations because of uncompetitive business environment, according to the Semiconductor and Electronics Industries in the...
The Department of Finance (DOF) and the Board of Investments (BOI), which is under the Department of Trade and Industry (DTI), are at loggerheads again. Finance Secretary Carlos G. Dominguez III and DTI Secretary and BOI Chairman Ramon M. Lopez both used the 46TH Philippine Business Conference to...
Trade and Industry Secretary Ramon M. Lopez is batting for the restoration of the P500 million budget for shared service facilities (SSF) program into the 2021 budget to achieve at least a P1 billion fund allocation next year for this program. Trade and Industry Secretary Ramon Lopez. (ALFRED...