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...
Senatorial aspirant and Sorsogon Governor Francis “Chiz” Escudero on Sunday urged the Senate to carefully review the terms stipulated under the Regional Comprehensive Economic Partnership (RCEP) agreement before concurring in the ratification of the trade pact. The RCEP, which covers the...
Students from the University of Asia and the Pacific (UA&P) emerged as one of the four winning teams of the Citi Asia Pacific Treasury and Trade Solutions (TTS) regional case tilt for university students. (Photo from Citi TTS) UA&P Industrial Economic students Ethan Gabriel Lee, Josh Cody...
The inter-agency Fiscal Incentives Review Board (FIRB) has approved the grant of tax incentives to a P10-billion cement manufacturing project of San Miguel Equity Investments, Inc., the Department of Finance (DOF) announced. In a statement, the DOF said on Monday, Jan. 17, that the FIRB, upon the...
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 country's trade deficit widened to a new record high in November last year as Philippine purchases of goods from abroad accelerated following the further reopening of the economy from quarantine restrictions. The Philippine Statistics Authority (PSA) reported on Tuesday, Jan. 11, 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...
