News - 11242020_NWS_NEC-2020_03Dec2020

The Big Shift: Digitalization as Export Recovery Response

The sudden outbreak of the COVID-19 pandemic was unprecedented in its global reach and economic, social, and health impacts. It was a shock like no other, involving simultaneous disruptions to both the supply and demand side on the back of subdued private consumption and investment.

Philexport welcomes 25% CIT proposal to help business, exports recover

26 May 2020 | The head of the country’s umbrella organization of exporters welcomes government calls to reduce the corporate income tax rate to 25 percent and swiftly pass the Corporate Income Tax and Incentives Reform Act (Citira) to provide relief to “overburdened” businesses, particularly micro, small and medium enterprises (MSMEs) in this pandemic.