Page 4 - Risk Database News Today : Breaking News, Live Updates & Top Stories | Vimarsana

PEN America Releases New International Freedom To Write Index The second edition of PEN’s Freedom to Write Index sees an alarming jump in writer detentions from 238 detainees in 2019 to at least 273 in 2020, in 35 countries. Image: PEN America Top Three Offenders: China, Saudi Arabia, Turkey Writers, it’s asserted in the opening essay of PEN America’s new Freedom To Write 2020 assessment, released today (April 20), “have played an essential role during the coronavirus COVID-19 pandemic, analyzing and critiquing government responses, documenting personal experiences, and shocking us in...

Benefits for Japanese investors highlighted MANILA, PHILIPPINES - Media OutReach - 12 April 2021 - The Philippines has enacted a landmark law that cuts corporate income tax by as much as 10 percent and rationalizes fiscal incentives, thereby serving as the biggest stimulus for businesses in the country's history. On March 26, President Rodrigo R. Duterte signed Republic Act No. 11534 or the "Corporate Recovery and Tax Incentives for Enterprises Act" (CREATE) into law after a joint Philippine Congressional panel ratified it in February. With the new ...

Benefits for Japanese investors highlighted MANILA, PHILIPPINES – Media OutReach – 12 April 2021 – The Philippines has enacted a landmark law that cuts corporate income tax by as much as 10 percent and rationalizes fiscal incentives, thereby serving as the biggest stimulus for businesses in the country’s history. On March 26, President Rodrigo R. Duterte signed Republic Act No. 11534 or the “Corporate Recovery and Tax Incentives for Enterprises Act” (CREATE) into law after a joint Philippine Congressional panel ratified it in February. With the new law, ...

The Bangko Sentral ng Pilipinas (BSP) launched on Thursday a new database project that aims to improve small and medium enterprises’ (SMEs) access to finance. This project, called the Credit Risk Database, is a joint initiative of the BSP and the Japan International Cooperation Agency that promotes risk-based lending and reducing the dependence of banks on collaterals during credit evaluation. This will be achieved using statistical credit scoring models to be developed on the CRD that can determine the probability of an SME defaulting. The augmented credit access of SMEs is expected to enh...

The Bangko Sentral ng Pilipinas (BSP) on Thursday launched the Credit Risk Database (CRD) aiming to provide a statistical credit scoring of small and medium enterprises (SMEs) which can predict the probability of default in the long run.