At least 30 business organizations are signing a Joint Statement of Support calling for the immediate passage of the long delayed Corporate Recovery and Tax Incentives for Enterprises (CREATE) Bill with all the critical features to boost businesses and attract more investors into the country. This...
The Philippine Stock Exchange, Inc. and the Philippine Dealing System Holdings Corporation have expressed strong support for the passage of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Bill. The CREATE Bill is another landmark bill in a series of reform measures intend...
Head coach Bill Belichick of the New England Patriots looks on during a game against the New York Jets at Gillette Stadium on January 3, 2021 in Foxborough, Massachusetts. Adam Glanzman/Getty Images/AFP New England Patriots coach Bill Belichick said Monday he would not accept the Presidential Medal...
The Philippine Chamber of Commerce and Industry, the country’s largest business organization, is calling on government to focus on economic recovery and building resilience against natural and man-made disasters measures rather than the proposed amendments on the Constitution. Known as the...
The Philippine electronics industry is projecting a 7 percent rebound in exports this year back to the 2019 level at $43.3 billion on strong demand following shortages of automotive electronics for some of the world’s car giants and the prospects of more favorable incentives provision under the...
The National Economic and Development Authority (NEDA) said the favorable trade performance last November signaled that the country is well-positioned to take advantage of the improvements in external demand. In a statement, Acting Socioeconomic Planning Secretary Karl Kendrick T. Chua said that...
Business tycoon Manuel B. Villar has emerged as the only Filipino listed in Bloomberg Billionaire Index, a daily ranking of the world’s top 500 richest people, amid the economic turmoil caused by the pandemic. Business tycoon Manuel B. Villar (FACEBOOK / FILE PHOTO / MANILA BULLETIN) Based on the...
Firms on wait-and-see mode Finance Secretary Carlos G. Dominguez III Investment and expansion plans in the country are currently treading water as they await the delayed approval of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) bill, the Duterte administration’s chief...
The Philippine Chamber of Commerce and Industry (PCCI) has strongly pushed to fast track the enactment of the Corporate Recovery and Tax Incentives Reform or CREATE bill before yearend. “After years of lobbying, we are hopeful that the measure will be enacted into law before the year ends,”...
Sen. Juan Miguel Zubiri (MANILA BULLETIN FILE PHOTO) Filipino martial arts officials have recently stood united to fight against the proposed bill in Congress seeking to ban combat sports for minors. The group was composed of 13 national sports associations that included Senator Migs Zubiri of...
Despite the expected Malacanang approval of the CREATE bill following Senate passage, the Management Association of the Philippines (MAP) said there is still so much to do to attract foreign direct investments. “We still have a lot of work moving forward. The restrictive provisions in our...
Foreign business groups target a more bullish $50 billion foreign direct investment inflows to Philippines and creation of 3 million jobs over the next ten years with new capital flows into IT-business process management, manufacturing, infrastructure, tourism and mining sectors, encouraged by the...
