Government agencies have issued a Joint Administrative Order (JAO) providing for a “safe harbor” that will make online platforms also liable for the violations committed by their online merchants as government tighten its watch amid burgeoning e-commerce transactions in the country. JAO 2022-01...
The newly signed Amended Foreign Investments Act (FIA) has created an Inter Agency Investment Promotion Coordination Committee (IIPCC), which will establish a comprehensive marketing plan in the promotion of investments into the country as the law opens up economic sectors to 100 percent foreign...
A deescalation to Alert Level 1 in the National Capital Region and key cities and provinces would readily create 500,000 jobs, but this should ramp up to 800,000 over time or close to recovering the employment lost during the pandemic in the entire country, Trade and Industry Secretary Ramon M....
Three-term Senator and Deputy Speaker, Loren Legarda, today called for more budgetary support for livelihood programs of the government for the marginalized sectors amid this pandemic. Legarda, principal sponsor and co-author of the Micro, Small and Medium Enterprises (MSME) Law, has been...
Secretary Ramon M. Lopez Department of Trade and Industry (Photo from Mark Ches Ang) As another year unfolds, we make a list of things we want to achieve and resolutions we promise to keep — from living a healthier life to spending more time with our loved ones. Why not include a commitment to...
The domestic garment and textile industry has urged government to support companies that repurposed towards producing medical grade personal protective equipment (PPEs) , stockpiling of PPEs, and stop the importation of substandard PPEs, to help jobs recovery in the industry. Nurses in PPEs The...
The German-Philippine Chamber of Commerce and Industry (GPCCI) welcomed the enactment the Retail Trade Liberalization Act (RTLA) or Republic Act No. 11595, stating the amendments to the old law elevate the country as an attractive investment destination. 59216 The new RTLA simplifies and eases...
Lloyd Laboratories is in discussion with Livzon Mavpharm Inc., a Chinese technology partner, for its planned COVID-19 vaccine manufacturing project in the Philippines. (UNSPLASH / MANILA BULLETIN) Christopher M. Bamba, Lloyd Laboratories director business development, said they are specifically...
Government agencies kicked off the pilot implementation of the Unified Logistics Pass (ULP), which streamlined procedures that reduced bureaucratic red tape is expected to result in almost P2 billion in savings for the logistics sector. Spearheaded by the Anti-Red Tape Authority (ARTA), the pilot...
The Department of Finance (DOF) said the government will finalize within this month the Strategic Investment Priority Plan (SIPP) of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) law. In a statement, Finance Secretary Carlos G. Dominguez III said on Wednesday, Jan. 12, that the...
The government has set a limit on the purchase of flu medicines amid tightness in supply due to unprecedented surge in demand following a sharp rise in COVID cases in the National Capital Region (NCR). 58470 DOH/MB The limit is contained under Joint Memorandum Circular (JMC) No. 22-01 Series of...
The Pharmaceutical and Healthcare Association of the Philippines (PHAP) said it is closely coordinating with the government on pharmaceutical security as some areas in Metro Manila are experiencing shortage of supply of certain paracetamol brands following the surge in COVID cases. PHAP “We are...
