Tag: IRR
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PEZA Anticipates Surge in Investors Following CREATE MORE IRR Signing
The Philippine Economic Zone Authority (PEZA), led by Director General Tereso Panga, is poised to attract a greater number of investors to its economic zones nationwide after the recent signing of the implementing rules and regulations (IRR) for the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (CREATE MORE)…
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Philippine Stock Market Rises Post CREATE MORE Act IRR Signing, Peso Declines
In Manila, the Philippine Stock Exchange index (PSEi) saw a significant increase on Tuesday, buoyed by the recent signing of the implementing rules and regulations (IRR) for the CREATE MORE Act, aimed at corporate recovery and tax incentives. The PSEi closed at 6,094.96, marking a 1.69 percent rise, while the All Shares index also advanced…
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Philippines to Launch Global Investment Roadshows After CREATE MORE IRR Signing
Following the recent signing of the implementing rules and regulations (IRR) for the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (CREATE MORE), the Philippine government is set to embark on a series of international investment roadshows. Frederick Go, the Special Assistant to the President for Investment and Economic…
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New Government Procurement Act’s IRR Details Strategic Planning and Digital Procurement Guidelines
The Implementing Rules and Regulations (IRR) for Republic Act 12009, known as the New Government Procurement Act (NGPA), have been released, outlining specific strategies and digital procurement rules to enhance the efficiency and modernity of government procurement processes. The IRR, which was made public on the Official Gazette, mandates that government agencies evaluate market conditions,…
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