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The Health department on Tuesday reported 1,357 new coronavirus disease 2019 infections, bringing the total to 504,084. PHILIPPINE STAR/MICHAEL VARCAS
THE HOUSE Committee on Labor and Employment approved in principle the bill that will grant paid leave to workers who contracted the coronavirus disease 2019 (COVID-19) and those placed on floating status during the pandemic.
The draft committee report was approved by the panel, subject to amendments, 1-PACMAN Rep. Enrico A. Pineda said during Tuesday’s hearing.
In its last version, the draft committee report on the proposed “Paid Pandemic Leave Law,” seeks to provide a 14-day paid leave to workers who contracted COVID-19 and other emerging infectious diseases.
CALOOCAN CITY, Jan. 16 (PIA) — Makati City is again the richest local government unit in the Philippines for the third straight year after its assets reached P233.78 billion in 2019 under the administration of Mayor Abby Binay, based on the 2019 Commission on Audit (COA) reports..
Investment pledges approved by the Philippine Economic Zone Authority (PEZA) for the entire 2020 reached only P95.03 billion, 19.12 percent lower than the P117.5 billion in 2019 as Filipino investments declined, constrained by the pandemic and prolonged lockdowns. PEZA Director General Charito B
BusinessWorld
January 15, 2021 | 7:47 pm
More than 50 private sector groups are urging lawmakers to immediately enact a bill that would cut corporate income tax and streamline fiscal incentives.
Legislators are set to convene the bicameral conference committee to reconcile clashing provisions in the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act passed by the Senate in November and the House version passed a year earlier. Versions of the tax reform measure have been under deliberations over the past three years.
The 51 private sector groups represent the banking, real estate, insurance, and outsourcing sectors, along with foreign chambers representing Spain, France, and Nordic countries. The Management Association of the Philippines, Makati Business Club, university groups, and other business councils are also represented.
The Philippine Economic Zone Authority said yesterday that it ended 2020 with P95.03 billion worth of investment approvals, or a decline of 18 percent,