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FIRB approves P29B worth of perks for housing, cement

FIRB approves P29B worth of perks for housing, cement
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Hotel owners iffy on proposal to convert hotels into temporary hospitals

Hotel owners iffy on proposal to convert hotels into temporary hospitals By TED CORDERO, GMA News Published April 10, 2021 3:30pm The Philippine Hotel Owners Association Inc. expressed doubts that the industry can accommodate a proposal to turn some hotels into temporary hospital facilities as National Capital Region (NCR) hotel rooms, much like healthcare facilities, are fully occupied. “To convert hotels into hospitals, that’s going to be very difficult kasi maraming kailangan to support patients (because there are a lot of things needed to support patients),” Philippine Hotel Owners Association president Arthur Lopez said in an interview on state-run PTV’s Laging Handa briefing on Saturday.

Clamor for immediate passage of CREATE bill

Published January 16, 2021, 7:00 AM Multisectoral groups, comprising of 51 largest and widely-represented private sector associations, have urged for the immediate enactment of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) bill to boost market confidence, save jobs and provide instant relief to businesses’ suffering from the COVID-19 impact. “We, members of some of the largest and most widely-represented private sector groups in the country, reiterate our strongest and unequivocal support for the immediate enactment of the CREATE Bill,” stated the joint statement. Congress has been deliberating the CREATE Bill for three years already, but both Houses have a hard time reconciling their versions. 

Private sector groups reiterate call for immediate passage into law of CREATE bill

Private sector groups reiterate call for immediate passage into law of CREATE bill By TED CORDERO, GMA News Published January 15, 2021 1:10pm Fifty-one of the country’s largest private sector and business groups on Friday called anew for the immediate passage into law of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) bill. “We humbly request the Senate and the House of Representatives to move quickly and decisively to push CREATE forward and ensure its immediate enactment,” the groups said in a statement. “We join the multisectoral call for the passage of this important legislative measure with urgency. After three years of deliberation, every day of delay comes at the risk of losing more jobs and hemorrhaging more investments,” the groups added.

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