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Miners say taxes 'regressive,'hobble investments, growth

COMPANIES belonging to the Chamber of Mines of the Philippines (COMP) cited two studies commissioned by the Department of Environment and Natural Resources (DENR) and the Department of Finance (DOF) that revealed the country’s mining taxes are already high. The COMP used the results of these studies to flag the…
The Philippines Tax Incentives For Enterprises Department Of Environment Fiscal Affairs Department Department Of Finance International Monetary Fund

Salceda: Asean Summit could serve as venue for agreement on regional rice supply security

The Asean Summit is an opportunity for the Philippines to seek a regional agreement that the member-nations won’t impose restrictions on each other’s rice supply. House Committee on Ways and Means Chairman Joey Sarte Salceda issued the statement on Tuesday as National Statistician and Philippine Statistics Authority (PSA) Undersecretary Dennis…
Jakarta Raya South China Sea Brunei General South Korea United States Dennis Mapa

LGUs told to establish own investment 'green lanes' | Jovee Marie de la Cruz

A senior lawmaker has called on local government unit (LGU) executives to put up their own  “green lanes” meant to streamline and expedite the processing of business permits in their respective localities. Camarines Sur Rep. LRay Villafuerte issued the statement as President Ferdinand R. Marcos Jr. took another step to level…
Camarines Sur Ferdinandr Marcos Jr Lray Villafuerte Tax Incentives For Enterprises Act Public Service Act Fishery Enterprises

Pascual invites Dutch high-tech, semicon companies to set up shop in Philippines

Manila is encouraging Dutch high-tech and semiconductor firms to set up shop in the Philippines, according to the Department of Trade and Industry (DTI). In his speech during the Philippines-Netherlands Sectoral Roundtable, which focused on semiconductors, automotive, and integrated circuit (IC) design on June 30,2023, Trade Secretary Alfredo E. Pascual…
Bruxelles Capitale Daniloc Lachica Nonie Reyes Mylene Capongcol Van Endhoven Ferdinandr Marcos Jr

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Electronics firms hard-pressed to achieve $53.7 billion export target

The Semiconductor and Electronics Industries in the Philippines Foundation Inc. expressed difficulty in achieving $53.7 billion in electronics exports under the new export development roadmap, citing global economic and geopolitical issues.
Republic Of Dan Lachica Philippine Export Development Plan Philippines Foundation Inc Tax Incentives For Enterprises Act Electronics Industries

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