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Senate President Chiz Escudero sees the entry or more investments into the country and the retention of existing investors with the passage of the amendments to Republic Act 11534 or the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act. A priority measure of President Ferdinand Marcos Jr., the bill dubbed CREATE to Maximize Opportunities […]
AnaKalusugan Party-list is pushing for a measure to boost the capital markets and raise the investment competitiveness in the country. AnaKalusugan Party-list Rep. Ray T. Reyes on Tuesday defended a bill which seeks to reduce taxes for stock transactions and create equality in the tax treatment of debt and stock securities. According to the lawmaker, […]
Speaker Martin Romualdez assured American businesses of the solid commitment of Congress to support the initiatives and programs of President Ferdinand Marcos, Jr. to make the Philippines a more investor-friendly place.“The 19th Congress, in partnership with President Ferdinand Marcos, Jr., is committed to creating an environment that fosters economic growth and attracts investments,” Romualdez said […]
The Department of Energy (DOE) has met with other Cabinet members to iron out the country’s regulatory framework in the energy sector, DOE Secretary Raphael Lotilla said. Lotilla said he had a virtual meeting with Justice Secretary Jesus Crispin Remulla, Solicitor General Menardo Guevarra, and Chief Presidential Legal Counsel Juan Ponce Enrile on Monday as […]
Trade Secretary Ramon Lopez lauded the Senate version of the Corporate Income Tax Incentives and Rationalization Act (CITIRA) sponsored by Senator Pia Cayetano. The new bill not only balances the concerns of many stakeholders, offering a longer transition period for high performing investments (e.g. 100% exportation or employing over 10,000 people), but also removes the […]