Tag: CREATE MORE

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RBETS reform cuts red tape

The Philippine Chamber of Commerce and Industry (PCCI) is throwing its weight behind a key tax reform under the CREATE MORE law, calling the Bureau of Internal Revenue’s Registered Business Enterprises Taxpayer Service (RBETS) a “critical administrative reform” for investors.

BIR fast-tracks incentives with dedicated RBE tax service

The Bureau of Internal Revenue (BIR) has launched a dedicated service for Registered Business Enterprises (RBE), a move aimed at translating the CREATE MORE Act’s incentives from policy into day-to-day practice.

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GT Capital profit falls 10% to P23.3B on economic slowdown

Slower economic growth, elevated inflation, and softer consumer demand weighed on GT Capital Holdings Inc.’s businesses, pulling consolidated net income down 10 percent to P23.3 billion in the first nine months of 2026, even as its banking and automotive units continued to generate substantial earnings.

BankCom bond sale draws P17.4B, 3.4 times oversubscribed

Strong investor demand enabled Bank of Commerce (BankCom), an affiliate of San Miguel Corp., to raise P17.4 billion from its latest bond offering, more than 3.4 times the minimum P5-billion issue size despite a challenging market environment.

BOI eyes P1T target, shifts focus to investment climate

The Board of Investments (BOI) remains confident of meeting its P1-trillion investment approvals target this year, but is shifting greater attention to the policy environment and industrial planning needed to sustain project inflows beyond its own investment pipeline.

ACEN shifts from rapid expansion to execution, profitability

ACEN is tightening its investment pipeline, preparing to surrender some renewable energy service contracts, and reshuffling its leadership as it shifts from rapid expansion to improving project returns, operating efficiency, and profitability.

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