Saturday, May 2, 2026
Today's Print

Tag: CREATE MORE Act

Philippine competition body clears Lima Land, House of Investments Tarlac joint venture

The Philippine Competition Commission (PCC) said Friday it approved a proposed joint venture between Lima Land Inc. and House of Investments Inc. in Tarlac,...

Philippines pitches reform-driven agenda as ASEAN chair

The Philippines is leveraging its role as ASEAN chair to pitch a reform-driven agenda focused on execution and regional connectivity, Finance Secretary Frederick Go...

DOF chief pitches incentives to Fil‑Chi business leaders

Department of Finance Secretary Frederick Go urged hundreds of Filipino-Chinese business leaders to increase their investments in the Philippines during a seminar hosted by...

BIR clarifies VAT rules for registered firms under CREATE MORE Act

The Department of Finance (DOF) and the Bureau of Internal Revenue (BIR) issued new regulations to clarify value-added tax rules on local sales for...

PH rises as data center regional hub

The Philippines has established a competitive advantage to support growth in hyperscale data centers and other energy-intensive sectors in Southeast Asia, according to a...

DOE to enhance hydrogen incentives

The Department of Energy is proposing amendments to its 2024 hydrogen circular to integrate enhanced incentives under the CREATE MORE Act and streamline the...

PEZA, Meralco team up to boost power reliability in economic zones

The Philippine Economic Zone Authority (PEZA) and Meralco have signed a strategic partnership to strengthen power reliability across the ecozones. The memorandum of understanding (MOU)...

BOI grants perks to P400-m energy efficiency project

The Board of Investments (BOI) has approved the registration of the P400 million complex energy efficiency project of Philippine DCS Development Corporation’s (PDDC), making...

Gov’t approves P50.7-billion Samsung expansion project

The government has approved the P50.7-billion expansion project by Samsung Electro-Mechanics Philippines Corp. (SEMPHIL), making it the first company to secure presidential incentives under...

Philippine semiconductor exports face US tariff threat

The Philippines’ vital semiconductor export sector is expected to see flat-to-moderate growth this year and next, with risks weighed down by a shift in...

Philippines vows to protect Japanese investments, says Recto

The Philippines has pledged to protect Japanese investments, Finance Secretary Ralph Recto said, citing the strong reception from Japanese investors at a recent economic...

DTI ramps up support for exporters as higher US tariffs take effect

The Department of Trade and Industry (DTI) said Thursday it is ramping up support programs to connect exporters with buyers, simplify customs procedures and...

BIR tax collection rose 14% to P1.55 trillion, topped first-half target

MANILA, Philippines—The Bureau of Internal Revenue (BIR) said Friday it surpassed its collection targets for both June and the first half of 2025. BIR Commissioner...

Taj Hotels plans to build luxury property in Manila

Indian hospitality giant Taj Hotels is eyeing Manila for its first luxury property in the Philippines, a move welcomed by the Department of Tourism...
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