The Philippine government, through the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Law, is giving generous fiscal incentives for investments in new technologies.
The Securities and Exchange Commission (SEC) and Bangko Sentral ng Pilipinas have set a cap on the interest rates and other fees charged by lending and financial companies, together with their...
Several individuals and the business sector are appealing to the government to deescalate the National Capital Region (NCR) to Alert Level 1 to support economic recovery.
Presidential Adviser for Entrepreneurship Joey Concepcion...
At its meeting on monetary policy today, the Monetary Board decided to maintain the interest rate on the BSP’s overnight reverse repurchase facility at 2.0 percent. The interest rates on the...
The Bangko Sentral ng Pilipinas (BSP) commended the Philippine Congress for the passage of the Financial Consumer Protection Act (FCPA) and the amendments to the Philippine Deposit Insurance Corporation (PDIC) charter.
“The...
Private companies in the United States slashed 301,000 jobs in January, indicating a disrupted recovery in the labor market amid Omicron surge, payroll data company Automatic Data Processing (ADP) reported Wednesday (Feb. 2).