Other Briefings
Two-Year Tax Breaks Proposed for Philippines’ Startups
The Philippines have filed a bill that would grant a tax exemption for startup businesses during their first two years of establishment.
Indonesia and the Philippines Agree on Maritime Border
Indonesia and the Philippines inked an agreement last week that clearly defines the borders of the two countries’ Exclusive Economic Zones (EEZ) in the Mindanao Sea and Celebes Sea.
Praise for the U.S. – Philippines Partnership for Growth
During his visit to the Philippines last week, U.S. President Obama reaffirmed the United States’ commitment to economic cooperation with the Philippines and highlighted the ongoing role of the U.S.-Philippines Partnership for Growth for continued economic and policy support.
Philippines to Offer Tax Breaks to Global Film Production Industry
A bill has been introduced in the Philippine Senate that would grant tax incentives to foreign and local film production companies in an effort to promote the country’s film industry and create a market for “film tourism.”
Positive Economic Outlook for the Philippines as Exports and Imports See Strong Growth
The Philippines’ exports grew by 9.3 percent year-on-year to US$4.38 billion in January 2014, according to the latest figures released by the National Economic and Development Authority.
Philippines Tax Department Considers Lowering Taxes
The Philippines’ Bureau of Internal Revenue (BIR) Commissioner, Kim Henares, explained in an interview with ABS-CBN News Channel last Thursday that the BIR is considering draft proposals that will lower personal income taxes by 2015.
Thailand’s Political Crisis Makes Indonesia and the Philippines More Attractive for Foreign Investors
The protracted political crisis in Thailand has understandably unnerved foreign investors, who see no end in sight for the political stalemate. Meanwhile, Indonesia and the Philippines have become very attractive alternatives for investors considering pulling their investments out of Thailand.
Indonesia & Philippines Settle Maritime Boundaries, Look To Increase Trade
The Philippines and Indonesia are to sign a maritime boundary treaty after agreements to do so were reached at a meeting of the two countries’ Foreign Ministers in Jakarta yesterday.
Philippines Poised for Foreign Investment Sweet Spot
The Philippines is set to be the new darling of emerging Asia as its national demographics, partnered with a liberal government reform policy, is beginning to attract a new wave of foreign investors.
IMF Boosts Philippines Expected Growth to 6.3 Percent
The International Monetary Fund (IMF) has raised this year’s growth forecast for the Philippines to 6.3 percent, up from a previous estimate of 6 percent. The upgrade is based partly on a slightly more optimistic outlook of advanced economies, and partly on the on-going reconstruction work that will be required as a result of the […]
