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December 1, 2022
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
December 1, 2022
The Joint Foreign Chambers of the Philippines has raised its foreign direct investments target to $128 billion by the end of 2030 as it banks on recently passed reforms that provide significant opportunities for FDI.
November 14, 2022
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
November 7, 2022
In his first policy address, Hong Kong’s chief executive revealed a plan that includes HK$60 million in subsidies through Mega Arts and Cultural Events Fund.
October 11, 2022
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
October 2, 2022
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.
July 28, 2022
CREATEPhilippines once again gathers local and international creatives to discuss the future of the Philippine creative economy via the digital conference Creative Futures 2022.
July 5, 2022
Creative Futures puts the spotlight on creative governance after the pandemic hastened the need to institutionalize protection in the creative sectors.
June 22, 2022
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…
June 21, 2022
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…