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Tax reform packages and assistance to pandemic-affected MSMEs lead top priority bills for passage in 2021


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Metro Manila (CNN Philippines, March 3) – The last two packages of the Comprehensive Tax Reform Program (CTRP) and a measure that will aid pandemic-stricken small businesses are among the top legislative agenda of the Legislative-Executive Development Advisory Council (LEDAC) this year.
LEDAC determines and recommends to the President the top socio-economic development goals affecting national development.
Acting Socioeconomic Planning Secretary and LEDAC Secretariat Head Karl Kendrick Chua said these pending bills in Congress are important for the country s economic recovery amid the COVID-19 pandemic.
These bills are crucial in ensuring the country s economic recovery and in regaining our development trajectory that was held back by the COVID-19 pandemic. We will continue working with Congress to move the legislative agenda forward and enact these priority legislations within 2021, said Chua. ....

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Businessmen bare wish list for 2021


Businessmen bare wish list for 2021
Louella Desiderio
MANILA, Philippines The availability of COVID-19 vaccines and the passage of legislative measures to help the country recover from the pandemic and attract more investments form part of the business sector’s wish list for this year.
Philippine Chamber of Commerce and Industry (PCCI) president Benedicto Yujuico said the group wants “the COVID vaccine to arrive in the country and the inoculation of the general population to start in the fourth quarter or earlier.”
For his part, Management Association of the Philippines (MAP) president Francis Lim said the government should immediately acquire the vaccines and inoculate as many people as possible. ....

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