The Department of Finance (DOF) sees the light at the end of the tunnel as the Senate is seen to pass the corporate recovery and tax incentives for enterprises (CREATE) bill before the Congress takes its traditional Christmas break in December. In a statement, Finance Secretary Carlos G. Dominguez...
The Philippines has identified 90 investment leads with estimated initial project cost of $24.1 billion that are expected to materialize within a year, according to Trade and Industry Secretary Ramon M. Lopez. Lopez, who is also chair of the country’s premier investment promotion and generation...
As the domestic economy continued to battle the impact of COVID-19 and the devastation from successive typhoons, Senator Imee Marcos urged the Duterte administration’s economic managers to be ‘bold, aggressive and quick’ economic stimulus response instead of the current “anemic” stimulus...
Foreign business chambers and the electronics industry have rallied behind the proposal of Senator Ralph Rector for a “grandfather” incentives system in the Corporate Recovery and Tax Incentives for Enterprises Act (CREATE) Bill to ensure that existing investors will continue to invest in the...
Prospects for the electronics sector has brighten up with Semiconductor and Electronics Industries in the Philippines Foundation Inc. (SEIPI) now projecting a 7 percent growth in 2021 and an upgraded growth projection for 2020 from negative 15 percent to only 5 percent contraction. SEIPI President...
State-run Land Bank of the Philippines (LandBank) is set to release P4.3 billion worth of loans to six local government units (LGUs) for the sole purpose of buying palay directly from farmers during this harvest season. In a statement, LandBank said yesterday that it recently made loan approvals...
The Philippine electronics industry suffered an estimated $4 billion loss as of August this year mainly due to the massive supply chain disruption during the pandemic, according to the Semiconductors and Electronics Industries in the Philippines Foundation Inc. (SEIPI). SEIPI President Dan Lachica...
The ASUS ProArt StudioBook series experience as told by the creatives of the Manila Bulletin Purpose-built technology has been the core of ASUS’ thrust in creating innovation that would suffice the real needs of consumers. Anchored on the observation that most content creators opt to use gaming...
Congress should immediately pass the two pending measures of the Duterte administration to help the pandemic-hit businesses that are mainly micro, small, and medium enterprises (MSMEs), the Department of Finance (DOF) said. Finance Assistant Secretary Antonio Joselito Lambino II said the Corporate...
The Department of Finance (DOF) assured that the government’s plan for the economy to recover from the coronavirus-induced global crisis covers an array of programs meant to help small businesses get back on their feet. In a statement, Finance Secretary Carlos G. Dominguez III said that...
