Foreign business chambers and exporters groups have urged for the passage of other economic bills pending in Congress to complete the new Republic Act 11534, the Corporate Recovery and Tax Incentives for Enterprises Act (CREATE), which they said is one of the most important fiscal bills enacted in...
On dealing with youth mental health A child’s behavior changes due to a number of different reasons. But sometimes, it could also be a sign of mental illness. Unfortunately, mental health problems are increasing among the youth. Globally, the World Health Organization (WHO) says that 10 to 20...
Economic activities listed under the 2020 Investment Priorities Plan (IPP) will serve as the initial projects that will qualify for incentives under the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act (CREATE) Law, Trade and Industry Secretary Ramon M. Lopez said. Lopez said that...
Farmers want representation in the Coco Levy’s Trust Fund Management Committee, which is the legally mandated committee tasked to decide on the disposition of the P100-billion worth of coco levy fund and assets. In a statement, the Federation of Free Farmers (FFF) called on the Duterte...
With the promulgation last week of the implementing rules and regulations of the Financial Institutions Strategic Transfer (FIST) Act (Republic Act No. 11523), the government has delivered a solid jab into the financial muscle of banks as prime movers of business and industrial growth that has...
A ray of hope shone through the thick fog of anxiety over the latest COVID upsurge: the signing into law by President Duterte of Republic Act 11534, the Corporate Recovery and Tax Incentives for Enterprises Act (CREATE). It is regarded as a “historic economic reform” that is “one of the...
The Indian government has extended $50,000 worth of assistance to the Philippines' corn sector and has even initiated a bilateral exchange on agricultural technology with the Philippine government. Photo by Gaspar Uhas on Unsplash During the general membership meeting of the Philippine...
The government has issued the Implementing Rules and Regulations (IRR) of Republic Act No. 11523, or the Financial Institutions Strategic Transfer (FIST) Act which will regulate the sale of non-performing assets of banks. The IRR was issued by the Securities and Exchange Commission (SEC),...
The Board of Investments (BOI), the Philippines’ premier investment promotion agency, said more projects in the pipeline such as motorcycle engine assembly project, data centers and IT infrastructure network, advanced metal/plastic packaging manufacturing facility, modern textile assembly are...
Duterte clips FIRB powers, oil refinery gets perks By Bernie Cahiles-Magkilat and Chino S. Leyco Despite misgivings, the business sector lauded President Duterte for signing the Corporate Recovery and Tax Incentives for Enterprises Act (CREATE), a game-changer law that is expected to support the...
The Philippine Coconut Authority (PCA) already started the mass registration of coconut farmers to update the National Coconut Farmers Registry System (NCFRS), which, once completed, will serve as the government’s master list of beneficiaries for the P100-billion coco levy fund. Bantay...
Philippine Coconut Authority (PCA) Administrator Benjamin Madrigal assured that the farmers’ representatives that will join the reconstituted PCA Board will be selected solely by farmers without the influence of the government. In a phone interview with Business Bulletin, Madrigal assured...
