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Exporters want BIR to repeal new VAT rule
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Companies warn of job cuts, losing billions in local trade as BIR slaps 12% VAT on export deals
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Published May 5, 2021, 3:20 PM
Opposition Senator Francis “Kiko” Pangilinan on Wednesday reiterated his proposal to use local PPEs (personal protective equipment) and other coronavirus disease (C0VID-19) -related needs for the country’s overall economic recovery.
“Pagkakataon ang krisis. Crisis is opportunity. Makaka-recover tayo economically, magkakaroon ng trabaho ang marami kung gagamitin natin ang gawa ng sarili nating mga kababayan (We can recover economically, there will be jobs for many workers if we use locally-made products),” Pangilinan said in reaction to reports that 3,500 workers of local PPE manufacturers have been laid off due to lack of demand.
Pangilinan is the author of Senate Bill 1759, or the Pandemic Protection Act.
Pangilinan to govt: Buy Pinoy-made PPEs, save local jobs, grow economy
SENATOR Francis Kiko Pangilinan reiterates his proposal to use local PPEs (personal protective equipment) and other Covid-related needs for the country s overall economic recovery. Pagkakataon ang krisis. Crisis is opportunity. Makaka-recover tayo economically, magkakaroon ng trabaho ang marami kung gagamitin natin ang gawa ng sarili nating mga kababayan, Pangilinan said in reaction to news that 3,500 workers of local PPE manufacturers have been laid off due to lack of demand. May pangangailangan para sa PPEs at kayang tugunan ng lokal na industriya. Sinabi na natin yan noong una pa, na gamitin natin ang sariling atin para makabangon ulit ang ating ekonomiya, said the author of Senate Bill 1759 or the Pandemic Protection Act.