MANILA, Philippines, 30 March 2021 – The National Government (NG) incurred a P116.0 billion budget deficit for February 2021, more than three times the P37.6 billion recorded a year ago. The...
The COVID-19 pandemic and the quarantines have claimed many lives and caused great suffering to our people, who have had to endure joblessness, loss of income, hunger, and lack of treatment...
MANILA – The National Economic and Development Authority (NEDA) thanks President Rodrigo Roa Duterte and the Congress for enacting Republic Act No. 11534, or the Corporate Recovery and Tax Incentives for...
Finance Secretary Carlos Dominguez III has lauded the timely enactment of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act, a law signed by President Duterte primarily to provide businesses,...
By Sweeden Velado-Ramirez
“Mutual trust between the public and the private sector” facilitated the private sector’s purchase of vaccines for employees, Presidential Adviser for Entrepreneurship and Go Negosyo founder Joey Concepcion said...
Regulatory reforms on Islamic Bank licensing, Shari’ah governance and taxation have been instrumental in making the Philippines an attractive site for Islamic banking, according to the Bangko Sentral ng Pilipinas (BSP).
“The...