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Philippines
Thursday, September 19, 2024

Economy & Trade

Filipino economic managers woo Singaporean investors

Finance Secretary Ralph Recto assured Singaporean investors that the much-anticipated enactment of the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (CREATE MORE) will make doing business in the Philippines smoother. “The new amendments to the country’s fiscal incentives regime—known as CREATE MORE—are designed to attract even more Singaporean investors to lay down roots and flourish in the Philippines,” Recto said before over a...

Budget reforms key to ‘A’ credit rating

The Department of Budget and Management (DBM) said Wednesday reforming the country’s...

5 Japan firms plan to expand PH investments

The Department of Trade and Industry (DTI) said five Japanese companies with...

DOF lauds approval of P33.75-b budget, to prioritize digitalization

The Department of Finance (DOF) expressed gratitude to the House of Representatives’...

Six-month foreign trade fell to $97.9b

The country’s foreign trade declined 0.4 percent in the first half of...

Financial committee presents 4-year plan

The Public Financial Management (PFM) Committee, composed of different government agencies, on...

Filipino economic managers woo Singaporean investors

Finance Secretary Ralph Recto assured Singaporean investors that the much-anticipated enactment of the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (CREATE MORE) will make doing business in the Philippines smoother. “The new amendments to the country’s fiscal incentives regime—known as CREATE MORE—are designed to attract even more Singaporean investors to lay down roots and flourish in the Philippines,” Recto said before over a...

Budget reforms key to ‘A’ credit rating

The Department of Budget and Management (DBM) said Wednesday reforming the country’s...

5 Japan firms plan to expand PH investments

The Department of Trade and Industry (DTI) said five Japanese companies with...

DOF lauds approval of P33.75-b budget, to prioritize digitalization

The Department of Finance (DOF) expressed gratitude to the House of Representatives’...

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Investment plans cleared by the Board of Investments (BOI) for fiscal incentives surged by 82 percent to P1.35 trillion as of mid-September 2024 from...

Cash remittances climbed 3.1% to seven-month high of $3.08b in July

Cash remittances grew 3.1 percent year-on-year to $3.08 billion in July 2024, the highest in seven months, data from the Bangko Sentral ng Pilipinas...

Expert urges policy reforms amid high borrowing costs, fiscal pressures in Asia

High borrowing costs and fiscal pressures are affecting long-term financing in the Asia-Pacific region, underscoring an urgent need for policy reforms. This issue was addressed...

Analyst forecasts stronger second half for SM Investments

SM Investments Corp. is expected to benefit from a stronger second half, a traditionally better season for the retail business, according to a stock...

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