by Janvic Mateo (The Philippine Star), 14 Aug 2020 MANILA, Philippines — One in every three Filipino micro-entrepreneurs started a business during the COVID-19 pandemic, a survey conducted by web-hosting company GoDaddy showed.
The Board of Investments (BOI) has removed microenterprises from the list of businesses that can qualify for tax and other perks under this year’s Investment Priorities Plan (IPP). A microenterprise is a business that has assets of under P3 million and so is the most feasible that the poor can put up.