Business

PEZA mulls perks for local SMEs in manufacturing

MANILA -- The Philippine Economic Zone Authority (PEZA) is crafting a new policy to boost local small and medium enterprises (SMEs) in the manufacturing sector, its top official told the Philippine...

Megaworld township sees 250K jobs for Kapampangans

CLARK FREEPORT — Megaworld’s Capital township in Pampanga is set to generate around 250,000 direct and indirect jobs in business process outsourcing (BPO), transport, retail, food, and construction sectors for Kapampangans. Eugene Em...

IFC urges PH to pass measures to hike access to MSMEs

MANILA -- The World Bank's corporate arm, the International Finance Corp. (IFC), has urged the Philippines to prioritize the passage of legislation that will increase access to finance micro, small and...

5 industries push for single ID system

MANILA -- Five industries are pushing for various regulations, including implementing single business identification (ID) system, in a bid to make it easier to do business in the country. These are chemicals, housing,...

BOI approves P1.13-B tourism projects

MANILA -- The Board of Investments (BOI) has approved three tourism projects worth PHP1.13 billion. Hotel and resort projects of Ayala Land Hotels and Resorts Corp., UC-1 Corp., and 888 Subic, Inc. got...

Estate tax tops proposed tax amnesty program: DOF

MANILA -- Any tax amnesty measure of the Duterte government, eyed for implementation in 2018, will start with estate taxes. Department of Finance (DOF) Secretary Carlos Dominguez III said he agrees with Budget...
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