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March 11, 2024

House passes CREATE MORE bill on 2nd reading

The House of Representatives on Monday approved on second reading a measure proposing amendments to the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act to enhance the Philippines’ tax incentives.

During the plenary session, the ch…

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FDI net inflows up 30% in December 2023

Foreign direct investments (FDI) net inflow went up by 29.9 percent in December last year.

Data released by the Bangko Sentral ng Pilipinas (BSP) on Monday showed that FDI net inflows during the month amounted to USD826 million from

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