முதலீடு ப்ரையாரிடீஸ் திட்டம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
BARMM OKs P398-M tourism investment for Cotabato City
philippinetimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philippinetimes.com Daily Mail and Mail on Sunday newspapers.
Senate OKs bill amending Foreign Investments Act in final reading
cnnphilippines.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnnphilippines.com Daily Mail and Mail on Sunday newspapers.
Published May 20, 2021, 12:12 AM
One fundamental factor in the sustained growth of a country is having a strong and purposive research and development (R&D) program. R&D plays an essential role in society’s advancement. It provides science-based knowledge for the development of new products, solutions and services. While it requires substantial investments and tremendous patience, the rewards are substantial. Unfortunately, R&D in the Philippines is relegated to the back burner in terms of government funding.
It is lamentable that the Philippines is among the “lowest spenders” for R&D. In 2017, the government set an initial funding of R21 billion for a program called Science for Change. It was estimated then that if R&D spending was doubled every year, the Philippines could have reached one percent of GDP, the amount prescribed by the UNESCO as the minimum investment for a country to be competitive.
Published May 3, 2021, 5:00 PM
The Department of Trade and Industry (DTI) has strongly batted for the lifting of locational investment restrictions, including business process outsourcing (BPO) operations in Metro Manila, to create more jobs, especially in the country’s capital.
Trade and Industry Secretary Ramon M. Lopez said during the TGER-NERS Job Summit on Labor Day, May 1, that DTI and the Board of Investments (BOI) support the recommendations of the business sector to the review of the Investment Priorities Plan (IPP) and to remove the geographical qualifications in availing subsidies, incentives, and programs, among others.
Trade and Industry Secretary Ramon M. Lopez (Bloomberg file photo)
SIPP to start in January 2022
mb.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mb.com.ph Daily Mail and Mail on Sunday newspapers.