News Formal

Legislator calls on gov’t to issue investment priorities plan soon - BusinessWorld Online

  • 📰 bworldph
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 68%

Business News News

Business Business Latest News,Business Business Headlines

The continued delay in issuing the Strategic Investment Priorities Plan is not allowing Congress to exercise proper oversight over the implementation of the Corporate Recovery and Tax Incentives for Enterprises law, a senior House legislator said. READ:

Ways and Means Committee Chairman and Albay Rep. Jose Ma. Clemente S. Salceda said in a statement that he hopes the SIPP is released soon to facilitate more investment in high-value fields like technology.

“I am writing the DTI and the FIRB again since I gave an internal deadline of March 2022, before Ways and Means is forced to conduct oversight hearings,” Mr. Salceda said. “We are working with the FIRB and the DTI to have a provisional SIPP issued, so that the industries we are sure we want can ,” he added.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 9. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Australian businesses commit to $38B new UK investment, Britain says - BusinessWorld OnlineLONDON — Australian businesses have committed to investing 28.5 billion pounds ($37.5 billion) in sectors such as infrastructure and clean energy in Britain, the British government said following a UK-Australia investment roundtable.
Source: bworldph - 🏆 9. / 68 Read more »