5 FIST corporations set up since law’s enactment in Q1

Five (5) Financial Institutions Strategic Transfer Corporations (FISTCs) have been established since the law allowing the creation of these corporate entities was enacted in February last year to enable banks…

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FIRB approves tax incentives for Mindanao-based cement company

The Fiscal Incentives Review Board (FIRB) has approved, upon the recommendation of the Board of Investments (BOI), the grant of tax incentives for a proposed P10-billion cement manufacturing project in…

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Dominguez: Inclusive financial system among CMDC legacies in Duterte presidency

Finance Secretary Carlos Dominguez III has cited the initiatives of the Capital Market Development Council (CMDC) to make the Philippine financial system “broad-based and inclusive” through digitalization and other enhanced…

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The Republic of the Philippines Launches Inaugural Sustainable Finance Framework

MANILA, Philippines, January 13, 2022 - The Republic of the Philippines ("ROP") has established its Sustainable Finance Framework (“Framework”) to support its sustainability commitments. The Framework sets out how the…

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FIRB enjoins BOI to finalize SIPP by January 2022

The Fiscal Incentives Review Board (FIRB) has enjoined the Board of Investments (BOI), an attached agency of the Department of Trade and Industry (DTI), to finalize the Strategic Investment Priority…

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TRANSCO teams up with DepEd on high-speed internet for public schools

The National Transmission Corp. (Transco) has succeeded in testing and applying emerging ICT technologies that will make use of existing power line infrastructures to help the Department of Education (DepEd)…

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