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Joint Foreign Chambers targets  $128-B FDIs in PH 10 years

The Joint Foreign Chambers (JFC), which is composed of seven foreign business groups in the Philippines, has revised its foreign direct investments target to $128 billion for the period 2021-2030 more than double its original $50 billion target on the country's upbeat economic outlook. During a pr
United States New Zealand The Philippines Lars Wittig Bradley Norman Ferdinand Marcos
Source: mb.com.ph

Foreign digital service tax bill finally hurdles House

The House of Representatives has overwhelmingly approved on third and final reading House Bill (HB) No.4122, which aims to impose a 12 percent value-added tax (VAT) on foreign digital service providers (DSP), such as Netflix and Spotify. (Ellson Quismorio/ MANILA BULLETIN) The measure's pass
Davao City Joey Salceda Isidro Ungab National Internal Revenue Code Association Of Southeast Asian Nations Creative Industries Development Fund
Source: mb.com.ph

IPOPHL says PH's decline in innovation ranking 'most alarming' – Manila Bulletin

The Intellectual Property Office of the Philippines (IPOPHL) has described the country’s decline by eight notches in the latest Global Innovation Index (GII) “most alarming” and called for urgent measures to ensure sustained growth in innovation. From 51st place in 2021, the Philippines slipp
Property Office Of The Philippines Creative Industries Development Human Capital Research Technology Support Office World Intellectual Property Organization National Innovation Council
Source: mb.com.ph

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NIC needs to accelerate innovation effort

Efforts to boost innovation in the country by the National Innovation Council need to be accelerated as the Philippines recently dropped eight spots in a global innovation ranking, according to the chief of the Intellectual Property Office of the Philippines.
Property Office Of The Philippines Creative Industries Development National Innovation Council World Intellectual Property Organization Intellectual Property Office Rowel Barba

Gatchalian urges Duterte to back WFH option for state, private sector workers

Batting for wider adoption of the work-from-home (WFH) option, Senator Sherwin Gatchalian prodded employers Wednesday to seriously consider such arrangement sure to “save fuel and transport costs” for both employers and their workers amid surging fuel prices. In a news statement, Gatchalian suggested the Duterte government should also encourage more government…
Creative Industries Development Creative Industries Development Act

Duterte to sign bill on PHL creative industries development

The which covers both creative goods and services, is now up for the signature of the President, according to the Department of Trade and Industry (DTI).  At the 2022 Manufacturing Summit on Tuesday, Trade Secretary Ramon M. Lopez said that the Creative Industries Development Act is only a signature away…
United States Ramonm Lopez Creative Industries Development Council Philippine Statistics Authority Creative Industries Development Philippine Creative Industries Satellite

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