An official of the Department of Trade and Industry (DTI) said on Tuesday, Oct. 17, that President Marcos is keen to maximize the potentials and benefits of his administration’s green lanes for strategic investments to pave the way for more local and foreign investments to the country. President...
The Department of Finance (DOF) has reported that the implementation of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Law has spurred investment worth over P720 billion. Under the CREATE law, the government has provided tax incentives to major projects amounting to a total...
The House Committee on Ways and Means has begun to review the Corporate Recovery and Tax Incentives for Enterprises Act (CREATE) and other related tax laws. Senior Deputy Speaker Gloria Macapagal-Arroyo (left, standing) This, after the panel chaired by Albay 2nd district Rep. Joey Salceda took up...
The Department of Public Works and Highways (DPWH) reported Monday, Dec. 26, that the widening of the Arterial Bypass Road in Bulacan that links the North Luzon Expressway (NLEX) and the Philippine-Japan friendship Road (Daang Maharlika) is going on swiftly and will likely be finished next year....
Consolidated core net income of Manila Electric Company (Meralco) inched up by 15-percent in the first half this year to P13.1 billion from P11.399 billion in the same period last year, primarily due to six percent increase in energy sales, the main profit driver of the power utility giant. The...
Senator Imee Marcos said she doesn’t take it personally when President Ferdinand “Bongbong” Marcos Jr. decided to veto the bill that would have established the Bulacan Airport City Special Economic Zone and Freeport. “Trabaho lang, walang personalan at walang kapatiran (It’s just work,...
The Department of the Interior and Local Government (DILG) and the Cebu provincial government settled into forming guidelines before making the wearing of face mask optional in the province. DILG logo DILG Secretary Eduardo Año said Friday, June 24, that they are waiting for the implementing rules...
To expedite the country’s economic recovery from a two-year Covid-19 pandemic, senatorial candidate Sorsogon Governor Francis “Chiz” Escudero said the government should consider giving micro, small and medium enterprises (MSMEs) more time to pay their taxes. Escudero, who is seeking a fresh...
The final draft of the Strategic Investment Priorities Plan (SIPP) under the Corporate Recovery and Tax Incentives for Enterprises (CREATE) law has been completed and will soon be presented to President Rodrigo Duterte, said House Ways and Means chair and Albay 2nd District Rep. Joey Salceda. Rep....
OFW FORUM Jun Concepcion Hundreds of thousands of OFWs, including those who voted for President Duterte in 2016, are likely to be very much dejected when he steps down from office at end-June this year. Why so? Because he will leave behind a certain high-profile legacies aimed at OFWs which are...
This public art program makes use of murals to inspire recovery ABSTRACT CORNER Let Compassion, Empathy and Kindness Flow by Kankan Ramos Known to be a city with a soul, Bonifacio Global City, fondly called BGC, is set to put more art in the heart of the business center. Through ArtBGC, BGC’s...
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...
