Presidential Adviser for Entrepreneurship and Go Negosyo founder Joey Concepcion has urged the next administration of President-elect Ferdinand “Bongbong” Marcos to continue the support for micro, small and medium enterprises (MSMEs).
Category: Business
2 major global banks hike GDP forecast for PH
Two major global banks — HSBC and Standard Chartered Bank- have hiked their 2022 growth forecast for the Philippine economy following the higher-than-expected expansion in the first quarter, which is also the reason for the projected hikes in the central bank rates.
Gov’t provides generous perks for new tech investments
Under and through the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Law, the Philippine government now provides generous fiscal incentives for investments in new technologies.
PH GDP seen to remain strong despite Omicron factor
Philippine economic growth is projected to remain robust this year despite the hit from the Omicron variant in January given the strong job creation in December 2021 and the expected rise in infrastructure spending.
CHED’s UniFAST scores nearly 100% fund utilization for FY 2020
The Unified Student Financial Assistance System for Tertiary Education (UniFAST), an attached agency of the Commission on Higher Education (CHED), posted a 99.67% overall budget utilization rate (BUR) of its Fiscal Year 2020 allotment for the programs under Republic Act 10931 or Universal Access to Quality Tertiary Education Act.
PH to continue reforms despite leadership change: DTI
Department of Trade and Industry (DTI) Secretary Ramon Lopez has assured American businesses that the agency will continue reforms that will facilitate the growth of businesses and investments here.
