The Philippines is expected to become an upper middle-income country as it continues to show positive growth in 2022.
News/Advisory
The British Chamber of Commerce Philippines expressed that advancing the Philippine economy will bring more FDI into the country.
NEDA Undersecretary sees positive economic growth in the Philippines as GDP rises to 11.8% in the second quarter of 2021.
The Securities and Exchange Commission (SEC) is developing rules and regulations for digital asset offerings (DAO) and digital asset exchanges (DAX) in the Philippines.
The Philippines is seeking to improve the international and regional collaboration in its agricultural sector to establish a more sustainable food system.
The Philippine Stock Exchange (PSE) plans to remove dormant companies from its registry to prohibit infinite trading suspension as part of the agency’s efforts to improve the quality of issuers in the bourse.
The Department of Trade and Industry (DTI) announced on Monday, June 23, that they will set up a collaborative platform connecting suppliers, manufacturers, and buyers of personal protective equipment (PPE) to address the continuous demand for PPEs amid the pandemic.
The Department of Finance (DOF) and the Fiscal Incentives Review Board (FIRB) grants a long period of incentives to companies that invest in science, technology, and other sectors “critical” to the economic recovery in the Philippines.
Several business groups shared in a joint statement on Monday, May 24, that the Philippine agricultural sector should become more open to foreign trade to ensure a stable and affordable supply of goods for Filipinos.
The Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF-MEID) plans to reopen more industries in areas under modified enhanced community quarantine (MECQ).