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House panel preps Create More Bill for plenary debates this week

IN a bid to stimulate economic growth and innovation, the House Committee on Ways and Means has finalized the proposed Corporate Recovery and Tax Incentives for Enterprises Act (Create More), which seeks to establish a 20-percent income tax rate for both domestic and foreign corporations under the enhanced deduction income…

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U.S. Trade mission to boost PHL-U.S. Economic ties–Solon | Jovee Marie N. de la Cruz

A LEADER of the House of Representatives said on Sunday that United States President Joe Biden’s decision to send his first trade and investment mission to the Philippines in March will be a major step toward strengthening economic ties between the two countries. House Committee on Ways and Means Chairman…

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Palace confirms: Recto new DOF secretary, to take oath with Frederick Go on Friday

BATANGAS Rep. Ralph Recto is set to take his oath as new Finance secretary on Friday before President Ferdinand R. Marcos Jr., along with Special Assistant to the President for Investment and Economic Affairs Frederick Go, ending months of speculation over the DOF portfolio. The appointments, announced by Presidential Communication…

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Capital Markets Efficiency bill sent to House Plenary | Jovee Marie N. de la Cruz

IN a bid to create a more inclusive investment climate and revitalize the Philippines’s capital markets, the House Committee on Ways and Means presented House Bill (HB) 9277, or the proposed Capital Markets Efficiency Promotion Act, to the plenary for debates. Contrary to the common belief that capital markets and…

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Newly signed PPP code expected to resolve PHL's ₧23-T infrastructure investment gap

Hailing it as a “new dawn” in the relationship between the public and private sectors, House leaders on Wednesday said that the newly signed Public-Private Partnership Code of the Philippines (PPP Code) would help cover the P23 trillion infrastructure investment gap in the country. House Committee on Public Works and…

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