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Subic sees more investment incentives under CREATE Act

Investor companies located in this free port zone are expected to benefit from more tax perks as the government seeks to rationalize taxes and attract more investments under Republic Act No. 11534, or the Corporate Recovery and Tax Incentives for Enterprises Act......»»

Category: financeSource: philstar philstarMay 16th, 2024

Rep. Cindi Chan thanks PBBM for sining Tatak Pinoy Act

LAPU-LAPU CITY, Cebu— Lapu-Lapu City lone district Representative Cindi King-Chan expressed her gratitude to President Ferdinand “Bongbong” Marcos for signing into law Republic Act No. 11981, also known as the “Tatak Pinoy Act,” which she co-authored. The Tatak Pinoy Act encourages local industries by incentivizing them to create more sophisticated products. Chan hopes that through.....»»

Category: newsSource:  inquirerRelated NewsFeb 27th, 2024

PSC may cash incentives agad para kina Eumir Marcial, 14 pang Olympian

MAKAKATANGGAP agad ng cash incentives ang 15 Olympic-bound athletes mula sa PSC. The post PSC may cash incentives agad para kina Eumir Marcial, 14 pang Olympian first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsJun 4th, 2024

‘No tax breaks for eco-zone work-from-home firms’

Work-from-home setups of business enterprises in economic zones should no longer get tax incentives under the Corporate Recovery and Tax Incentives for Enterprises Act as the public health emergency status for COVID-19 has already been lifted, Justice Secretary Jesus Crispin Remulla clarified in a legal opinion......»»

Category: newsSource:  philstarRelated NewsJan 23rd, 2024

Japan firm starts P2.3 billion Subic expansion

Japanese company Sanyo Denki Philippines, Inc. has started its P2.3-billion expansion project at the Subic Techno Park......»»

Category: financeSource:  philstarRelated NewsApr 3rd, 2024

Sanyo Denki opens P2.3-B expansion project in Subic

Sanyo Denki opens P2.3-B expansion project in Subic.....»»

Category: newsSource:  sunstarRelated NewsApr 2nd, 2024

‘Serenade of the Seas’ arrival restarts Subic cruise tourism program

The arrival here of GTS Serenade of the Seas, a 12-decker cruise liner operated by Royal Caribbean International, is expected to resurrect Subic’s cruise tourism program, which had gained momentum before being halted by the COVID-19 pandemic three years ago......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

Triathletes of all levels gear up for My Daily Collagen race in Subic

Triathlon rookies, race veterans, and seasoned triathletes alike are heading to Subic Bay for the weekend with the My Daily Collagen Triathlon happening Sunday......»»

Category: sportsSource:  philstarRelated NewsMar 4th, 2024

New Subic ‘royalty fee’ will make goods costlier

A newcomer is imposing 55- or 65-percent “royalty” on long-time locators at Subic Bay Freeport. This will push up prices of grains, fertilizers and other imports in Luzon’s second busiest harbor......»»

Category: newsSource:  philstarRelated NewsFeb 23rd, 2024

Subic road rage driver suspended

The Land Transportation Office has suspended the driver of a sport utility vehicle tagged in a road rage incident at the Subic Bay Freeport in Bataan, LTO chief Vigor Mendoza II said yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 19th, 2024

Bahrain princess planning to invest in Subic Bay

The princess of Bahrain is considering putting investments in the Subic Bay Freeport after a brief visit to the facility recently......»»

Category: newsSource:  philstarRelated NewsJan 18th, 2024

Businessman sworn in as new SBMA chief

A businessman with interests in the Subic Bay Freeport Zone has been sworn in as new administrator of the Subic Bay Metropolitan Authority......»»

Category: newsSource:  philstarRelated NewsJan 14th, 2024

US tanker transfers fuel to Subic storage facility

US-registered tanker is currently in the country to transfer fuel from a military base in Pearl Harbor, Hawaii to a commercial storage facility in Subic Bay, according to the US embassy in Manila......»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024

Trabaho Para sa Bayan Act Implementing Rules Now Inked

The Inter-Agency Council Trabaho Para sa Bayan Act (TPB-IAC) officially signed the implementing rules and regulations (IRR) on March 12, 2024, at the NEDA Central Office in Mandaluyong. The Trabaho Para sa Bayan Plan Act or Republic Act 11962 implementing rules was signed by was signed by National Economic and Development Authority (NEDA) Secretary Arsenio […].....»»

Category: newsSource:  metrocebuRelated NewsMar 15th, 2024

Greenwich Inspires Filipinos to Create More Authentic Meaningful Connections, Launches ‘Sarap to Feel G’ Campaign

Greenwich, one of the country’s leading homegrown pizza and pasta makers, is embarking on a massive campaign this year to inspire millions of Filipinos to create more genuine, meaningful connections with each other. The campaign is anchored on having more experiences inspired by authenticity and real “feel-good” togetherness made possible by incredible, great-tasting food. This […].....»»

Category: newsSource:  metrocebuRelated NewsMar 26th, 2024

Valenzuela’s graduating students get cash incentives

Graduating students in public and elementary and senior high schools in Valenzuela City have started receiving P25 million in educational incentives from the local government......»»

Category: newsSource:  philstarRelated NewsMay 19th, 2024

Sanitary program achievers awarded P1-M incentives

Sanitary program achievers awarded P1-M incentives.....»»

Category: newsSource:  sunstarRelated NewsApr 24th, 2024

Firms told to adopt flexi work schedule amid high heat; Senator lobbies for incentives

Firms told to adopt flexi work schedule amid high heat; Senator lobbies for incentives.....»»

Category: newsSource:  sunstarRelated NewsApr 13th, 2024

E-vehicle group sees tariff break as ‘game changer’

The Electric Vehicle Association of the Philippines is batting for the inclusion of e-motorcycles in the grant of tax incentives under Executive Order 12 that is already due for mandatory review......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

Foreign investment pledges more than double

Foreign investment pledges approved by investment promotion agencies surged by more than 127 percent to P394.45 billion in the fourth quarter of 2023 from P173.61 billion a year ago amid the country’s strong economic performance, according to the Philippine Statistics Authority......»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2024

Clark aerospace hub to create more jobs

Clark aerospace hub to create more jobs.....»»

Category: newsSource:  sunstarRelated NewsMay 29th, 2024