Stay updated with breaking news from Enterprises Act. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
A MODERN Pharma park, a new type of ecozone seen to provide access to affordable medicines and healthcare for Filipinos, is expected to be rolled out within the year in the country, according to the Philippine Economic Zone Authority (Peza). “We are in talks with three ecozone developers for their…
The Bureau of Internal Revenue (BIR) has exempted from value-added tax (VAT) several medicines for cancer, diabetes, hypertension, kidney disease, mental illness, and tuberculosis.
LOCAL economists have raised alarm bells over the Corporate Recovery and Tax Incentives for Enterprises Maximize Opportunities for Reinvigorating the Economy (Create More) bill, saying this may only allow businesses to keep their incentives longer. In a statement on Tuesday, Action for Economic Reforms (AER) said the Senate should protect…
IN a bid to stimulate economic growth and innovation, the House Committee on Ways and Means has finalized the proposed Corporate Recovery and Tax Incentives for Enterprises Act (Create More), which seeks to establish a 20-percent income tax rate for both domestic and foreign corporations under the enhanced deduction income…
MANILA is eyeing to get a “respectable” market share of the firms pivoting from China, particularly in the semiconductor industry, as part of its “catch-up plan” to reverse decline in exports amid the global economic slowdown. A statement released by the Philippine Exporters Confederation, Inc. (Philexport) on Friday quoted Frederick…