DBM says CARS participants will not be abandoned
ACTING Budget Secretary Rolando U. Toledo said automakers registered with the Comprehensive Automotive Resurgence Strategy (CARS) program will receive incentive funds that were thrown...
After CARS, RACE awaits resolution of funding uncertainty
THE Department of Trade and Industry (DTI) said the Revitalizing the Automotive Industry for Competitiveness Enhancement (RACE) program is next in line for a funding solution to resolve the uncertainty created by a Presidential veto that defunded two programs supporting automakers.
Guidance for Export-Oriented Enterprises on DTI certification, tax incentives
By Vianca Antoniette A. Lomibao
“Those who fail to prepare, prepare to fail.”
This principle has never been more relevant than today. Businesses that fail to adapt to new...
DTI sees export boost from UAE trade agreement
THE Department of Trade and Industry (DTI) said it is confident that exports will grow this year due to the boost provided by the...
Taiwan demand for hospitality workers projected at 6,600 jobs
TAIWAN’s hospitality industry will require about 6,600 workers in 2026, according to the Taipei Economic and Cultural Office (TECO) in the Philippines.
Emilie Xung-Chieh Shao,...
Agriculture spending refocused on reducing poverty, stabilizing supply
THE Department of Agriculture (DA) said it is recalibrating its spending with a shift away from “fragmented, input-driven” programs toward a results-based framework aimed...
VAT oversight on local sales transferred to BIR from BoC
THE Bureau of Customs (BoC) has clarified that sales to domestic market enterprises will now be treated as local transactions, shifting oversight to the...
Farm exports value addition seen key to maximizing FTAs
PROPER TRAINING in sanitary procedures for farm exports training, increased productivity, and value addition are considered crucial for maximizing the benefits of free trade for the agriculture industry, analysts said.
Preliminary waste-to-energy price proposed at P8.0167/kWh
THE Energy Regulatory Commission (ERC) has set a preliminary price of P8.0167 per kilowatt-hour (kWh) for waste-to-energy (WTE), which will serve as the ceiling...
CARS funding seen as ‘small step’ in boosting investor confidence
THE RESTORATION of funding for the Comprehensive Automotive Resurgence Strategy (CARS) program can be the starting point for restoring investor confidence, industry groups said.
Philippine...
BCDA hires SGV to update Bonifacio master plan
THE Bases Conversion and Development Authority (BCDA) said it tapped SyCip Gorres Velayo & Co. (SGV) to update the master plan for Bonifacio Global...
Governance, risk, and compliance as a strategic advantage
By Joseph Ian M. Canlas and Christiane Joymiel C. Say-Mendoza
In November, board members, senior executives, chief audit executives, compliance officers, chief risk officers, and other professionals gathered at the SGV Knowledge Institute and SGV Consulting forum, “Navigating Enterprise Resilience through the Synergy of Governance, Risk, and Compliance.” It examined how governance, risk, and compliance (GRC) is being reshaped by business realities that are faster, more volatile and less forgiving than ever.