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For those interested in learning more about the Philippine business environment and economic profile, our blog area contains articles on finance, foreign investments, industry updates, entrepreneurship, and other business subjects.

For local and international businesses that wishing to set up operations in the Philippines, our articles give vital insights on best practices in conducting business in the Philippines.

This section aims to keep you informed and up to date with the latest of developments in the business landscape so that you can better prepare and stay ahead in your business endeavors.

Latest National News

The latest of BIR & SEC related articles and headlines that are of significance to the business world are presented at your convinience and regularly updated.

This section provides insights and analysis on the economy, industry performance and regulation, business deals, corporate earnings, and economic markets.

18 Aug, 2022

The Philippines’ 2022 Strategic Investment Priority Plan

The Philippines extended and expanded the tax incentives for a wide range of industries under the 2022 Strategic Investment Priority Plan (SIPP). The selected industries are those the government deems to be critical to the country’s development such as artificial intelligence, and high technical manufacturing.

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20 Aug, 2022

Large taxpayers cool on shift to e-receipts – BIR

The Bureau of Internal Revenue (BIR) sees a low response to a program which requires large corporations, e-commerce firms and exporters to shift to the digital issuance of invoices and receipts. During the first SGV Tax Symposium on Friday, Internal Revenue commissioner Lilia Guillermo said only 15 out of 100 large-scale taxpayers have responded to the pilot of the e-invoicing, e-receipting and e-sales system (EIS).

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21 Aug, 2022

Central bank introduces coin deposit machines

Introducing the automated coin deposit machine (CoDMs), the latest of the government’s stratagems to promote the re-circulation of coins and persuade Filipinos to use the low-value currency in their daily transactions. In partnership with business groups with large networks of retail establishments such as the SM, Robinsons, and Filinvest groups, the Bangko Sentral ng Pilipinas (BSP) is working on the deployment of an initial batch of 25 CoDMs in select sites across the Greater Manila Area and nearby provinces.

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Latest International News

Be updated with the latest international news and world events from Asia, Europe, the Middle East, and more overseas

This section will provide accurate and consistent information on policies and recommendations on issues concerning the securities market for it will garner confidence and assurance for people to continue doing business with no worries.

11 Aug, 2022

Establishing a Representative Office in Thailand

A representative office is the ideal business entity for foreign investors who are exploring the Thai market. The RO can be 100 percent foreign-owned and can provide up to two work permits for foreign employees.
The entity is not allowed to earn income while operating in Thailand and thus is not subject to corporate income tax. The RO’s activities are restricted to market research, finding new partnerships, and other forms of information gathering.

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29 July,2022

International Accounting Standards Board sets out its 2022–2026 priorities

The IFRS Foundation's International Accounting Standards Board (IASB) has today published its Third Agenda Consultation Feedback Statement and Snapshot outlining its priorities for the next five years. The Feedback Statement explains the reasons for the IASB’s decisions and shows how the IASB responded to the extensive feedback from its diverse stakeholders.
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09 Aug, 2022

2023 Foreign Investment Opportunities in The Philippines

Following where China has been spending and investing its Belt & Road Initiative capital can provide FDI clues and reveal new opportunities in recipient countries. As infrastructure builds start to yield productive user cashflows and the need for subsequent support services arises, case studies for investment potential become apparent.

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