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The Department of Finance and the Bureau of Internal Revenue ended years of suspense and imposed value-added tax on banks as provided under Revenue Regulations (RR) No. 12-2003 last March 10. RA 8424, or the National Internal Revenue Code, which...
#assignment#bank#receivables
A Japanese consultant said SMEs in the region need robust financing and adequate marketing assistance to attain sustainability in entrepreneurship.…
#international#smes#sustainability
President Gloria Macapagal-Arroyo will ask Washington for US$95 million in technical and financial assistance to boost the growth of local…
The Philippine Exporters Confederation (Philexport) will sign agreements this week with three separate entities aimed at helping develop small- and…
#bank#exporters#smes
The ADB expects the Philippine economy to grow 4 per cent this year and 4.5 per cent next year, citing…
The state-owned Development Bank of the Philippines (DBP) has set aside an initial P5 billion for its factoring facility as…
#bank#funding#receivables
Small- and medium-sized enterprises (SMEs) make up an overwhelming 99.6 per cent of all firms in the Philippines. They provide…
#bank#exporters#interest rates
The policy-making body of the Bangko Sentral ng Pilipinas is waiving the reporting requirements for banks making certain un-restructured loans…
The government has been asked by the Davao City Chamber of Commerce to increase available funds to the two existing…
Brunei is keen to invest more in the Philippines, as a means to further develop the Brunei Darussalam-Indonesia-Malaysia-Philippines East Asian…
#ADB#Asian Development Bank#bank
Malacanang is planning to grant P1 million for each town in the Philippines as part of its P30 billion lending…
#banks#risk#SME lending
The Small and Medium Business Development Foundation (Philsmed) is seeking funding from the United States Agency for International Development (USAid)…
The Department of Trade and Industry will relax the collateral requirement on microbusinesses and small and medium enterprises (SMEs) for…
#assignment#risk#smes