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...
A nationwide mobility restriction on the unvaccinated has been strongly pushed by Presidential Adviser on Entrepreneurship Jose “Joey” Ma. Concepcion III to protect them from the highly transmissible Omicron variant and as the way forward to sustain recovery and open the economy safely....
The Department of Health (DOH) assured on Tuesday, Jan. 4 that there is no ongoing shortage of paracetamol and other drugs for flu-like symptoms. A sign has been posted at a drugstore along Taft Avenue in Manila notifying people of out-of-stock medicines due to a shortage in supply amid another...
Trade and Industry Secretary Ramon M. Lopez As much as 200,000 workers would be out of work and P200 million in economic losses as the National Capital Region returns to stricter health restrictions on rising COVID-cases in the capital. Trade and Industry Secretary Ramon M. Lopez Trade and Industry...
The Department of Trade and Industry (DTI) has apprehended and issued 50 letters of inquiry to business establishments and profiteers that took advantaged of the crisis in Typhoon Odette-affected areas in Visayas and Mindanao. DTI Secretary Ramon M. Lopez reported during President Duterte’s...
The Philippines should maximize the tax incentives being offered under the Republic Act 11534 or the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act to attract more foreign direct investments, according to a foreign business leader said. Chris Nelson, executive director, British...
