Tag page - IRR

The finance and trade departments signed the implementing rules and regulations (IRR) of the corporate recovery and tax Incentives for enterprises (CREATE) law, the government’s largest fiscal stimulus package for businesses in the country’s history. Ahead of the July 10, 2021 deadline, Finance...

The enactment of the Financial Institutions Strategic Transfer (FIST) law, which is expected to free up over P1 trillion worth of banks’ soured loans and non-performing assets and assist 600,000 micro, small and medium enterprises (MSMEs), will ensure the stability of the local financial system...

The Securities and Exchange Commission (SEC) is seeking public comments for the draft Implementing Rules and Regulations (IRR) of Republic Act No. 11523 or the Financial Institutions Strategic Transfer (FIST) Act, a critical economic measure in the Philippines’ economic recovery. In a...

The Philippine Economic Zone Authority (PEZA) and the Philippine National Police have signed the Implementing Rules and Regulations (IRR) of the Joint Industrial Peace and Concern Office (JIPCO) to ensure industrial peace in various economic zones in the country. Director General Charito...

The Philippine E-Cigarette Industry Association (PECIA) said the proposed floor price and production cost formula in the computation of excise tax on tobacco products, heated and vapor tobacco products are largely unrealistic and too high. In a statement, PECIA, which counts around 200 active...