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+ Follow OMNIBUS INVESTMENTS ACT Tag
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 918199 [Title] => SC asked to stop perks granted to Thai food firm [Summary] =>The Supreme Court (SC) has been asked to stop the government from granting tax incentive to a Thai food company.
[DatePublished] => 2013-03-11 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1096875 [AuthorName] => Edu Punay [SectionName] => Headlines [SectionUrl] => headlines [URL] => http://imageshack.us/a/img41/1453/gen8thumb.jpg ) [1] => Array ( [ArticleID] => 202980 [Title] => BOI mulls tax perks for IPPs, other sectors [Summary] => The Board of Investments (BOI) is planning to amend its income tax holiday policy to make it more attractive to independent power producers, infrastructure builders, and service providers.
A BOI official said the investment promotion agency is looking into the possibility of extending the period within which BOI registered-firms may enjoy income tax exemptions. Under the law, BOI registered enterprises are exempt from the payment of income taxes for four years to six years.
[DatePublished] => 2003-04-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 183743 [Title] => Jawo acts to ease rule on foreign ownership [Summary] => Saying that many Filipinos allow themselves to be used as "dummies" of foreign investors anyway, Sen. Robert Jaworski, chairman of the Senate economic affairs committee, said he would move to amend the Omnibus Investments Act, especially the provision allowing foreigners to own only up to 40 percent of local businesses.
Jaworski said his proposal is aimed at attracting foreign investments to the Philippines by lifting the constitutional prohibition and allowing foreigners to own up to 100 percent of business ventures in the country.
[DatePublished] => 2002-11-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1732629 [AuthorName] => Sammy Santos [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 155518 [Title] => Government seeks to draw investments in priority areas [Summary] => The Arroyo administration is putting out the welcome mat for foreign investors.
Instead of attracting investors to place their money in priority investment areas, the Arroyo administration will instead pinpoint areas where there are no sufficient producers or manufacturers and ask investors to invest in those areas.
Trade and Industry Secretary Manuel Roxas II said that presently interested investors have to check if their line of investment is included in the Investment Priorities Plan (IPP).
[DatePublished] => 2002-03-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 96564 [Title] => Intel to transfer LatAm Pentium 4 plant to RP [Summary] => Intel, one of the worlds biggest manufacturers of semiconductor and electronic components, is transferring its Pentium 4 manufacturing facility in Latin America to its Philippine plant as the company consolidates its operations to lower costs in anticipation of a softening of the market.
As electronics companies worldwide brace themselves for the expected slowdown in the US economy and the general softening of the electronics market, Intel joined one of the many companies searching for the cheapest and most efficient locations for their manufacturing facilities.
[DatePublished] => 2001-03-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
OMNIBUS INVESTMENTS ACT
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 918199 [Title] => SC asked to stop perks granted to Thai food firm [Summary] =>The Supreme Court (SC) has been asked to stop the government from granting tax incentive to a Thai food company.
[DatePublished] => 2013-03-11 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1096875 [AuthorName] => Edu Punay [SectionName] => Headlines [SectionUrl] => headlines [URL] => http://imageshack.us/a/img41/1453/gen8thumb.jpg ) [1] => Array ( [ArticleID] => 202980 [Title] => BOI mulls tax perks for IPPs, other sectors [Summary] => The Board of Investments (BOI) is planning to amend its income tax holiday policy to make it more attractive to independent power producers, infrastructure builders, and service providers.
A BOI official said the investment promotion agency is looking into the possibility of extending the period within which BOI registered-firms may enjoy income tax exemptions. Under the law, BOI registered enterprises are exempt from the payment of income taxes for four years to six years.
[DatePublished] => 2003-04-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 183743 [Title] => Jawo acts to ease rule on foreign ownership [Summary] => Saying that many Filipinos allow themselves to be used as "dummies" of foreign investors anyway, Sen. Robert Jaworski, chairman of the Senate economic affairs committee, said he would move to amend the Omnibus Investments Act, especially the provision allowing foreigners to own only up to 40 percent of local businesses.
Jaworski said his proposal is aimed at attracting foreign investments to the Philippines by lifting the constitutional prohibition and allowing foreigners to own up to 100 percent of business ventures in the country.
[DatePublished] => 2002-11-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1732629 [AuthorName] => Sammy Santos [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 155518 [Title] => Government seeks to draw investments in priority areas [Summary] => The Arroyo administration is putting out the welcome mat for foreign investors.
Instead of attracting investors to place their money in priority investment areas, the Arroyo administration will instead pinpoint areas where there are no sufficient producers or manufacturers and ask investors to invest in those areas.
Trade and Industry Secretary Manuel Roxas II said that presently interested investors have to check if their line of investment is included in the Investment Priorities Plan (IPP).
[DatePublished] => 2002-03-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 96564 [Title] => Intel to transfer LatAm Pentium 4 plant to RP [Summary] => Intel, one of the worlds biggest manufacturers of semiconductor and electronic components, is transferring its Pentium 4 manufacturing facility in Latin America to its Philippine plant as the company consolidates its operations to lower costs in anticipation of a softening of the market.
As electronics companies worldwide brace themselves for the expected slowdown in the US economy and the general softening of the electronics market, Intel joined one of the many companies searching for the cheapest and most efficient locations for their manufacturing facilities.
[DatePublished] => 2001-03-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Edu Punay | March 11, 2013 - 12:00am
By Zinnia B. Dela Peña | April 17, 2003 - 12:00am
By Sammy Santos | November 13, 2002 - 12:00am
By Marianne V. Go | March 31, 2002 - 12:00am
By Des Ferriols | March 29, 2001 - 12:00am
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