MANILA, Philippines – The government has launched new incentive packages for Taiwanese investors, including tax breaks in an attempt to attract more investors especially in the Clark and Subic Freeport zones.
The Manila Economic and Cultural Office (MECO) said the country is looking at attracting more Taiwanese firms to invest in the country as the two nations entered into several major trade and investment agreements.
In a report, MECO said the 16th RP-Taiwan Joint Economic Conference (JEC) was a success. During the meeting, MECO said the government was able to promote further the Clark-Subic economic corridor.
MECO said the new investment incentives package will meet the evolving requirements of Taiwan ’s high-technology companies. Possible investment prospects were information and communication technology, aquaculture, agriculture and the renewable energy sector.
“The package includes unprecedented incentives for Taiwanese companies, and presented various development opportunities within the Clark and Subic Bay economic corridor,” MECO managing director and resident representative Antonio Basilio said.
“The package is designed to completely compete with current offerings by the Vietnam government to Taiwanese players. This set of incentives, never before offered to any foreign locator in the Clark-Subic economic corridor, is also designed to fill existing gaps in the Philippines’ electronics and ICT value chain,” Basilio explained further.
Basilio said the plenary session and seminar proper focused on a number of investment opportunities including high-yield tourism, investing in the Philippine economic corridor, the RP-Taiwan ICT industry collaborative ventures, sectoral investment opportunities, and renewable energy.
Meanwhile, Subic Bay Metropolitan Authority (SBMA) administrator Armand Arreza presented the Master Plan of Development in the Subic Bay Free Port while Benigno Ricafort, president of Clark Development Corp. (CDC) delved on the Master Plan of Development in the Clark freeport.- Ma. Elisa P. Osorio, Philippine Star
September 18 –
International Equal Pay Day
“Increase wages now,
more than other cost items.
For widespread, practical equality!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
September –
5 Sept – Intl Day of Charity
7 Sept – Intl Day of Clean Air for Blue Skies
8 Sept – International Literacy Day
12 Sept – United Nations Day for South-South Cooperation
15 Sept – International Day of Democracy
16 Sept – International Day for the Preservation of the Ozone Layer
17 Sept – World Patient Safety Day
18 Sept – International Equal Pay Day
21 Sept – International Day of Peace
26 Sept – International Day for the Total Elimination of Nuclear Weapons
27 Sept – World Tourism Day
28 Sept – International Day for Universal Access to Information
29 Sept – International Day of Awareness of Food Loss and Waste
30 Sept – World Maritime Day
Monthly Observances:
Health, Safety and Sanitation Month
National Clean-up Month
Civil Service Month
National Peace Consciousness Month
Social Security Month
Rule of Law Month
National Teachers’ Month (Sept 5-Oct 4)
Weekly Observances:
Sept 17 – 23:
World Clean and Green Week
Week 2: Education Week
Week 4: Medicine Week
Last Week: National Family Week
Daily Observances:
Third Saturday:
International Coastal Clean-up Day
Third Monday: World Health Day
Last Friday: National Maritime Day
Sept 8: National Literacy Day
Sept 15: Philippine Medicine Day
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.
