IT-BPM firms may choose to adopt WFH arrangements, but must comply with conditions in operating in ecozones to continue enjoying incentives

The Department of Finance (DOF) clarifies that Information Technology Business Process Management (IT-BPM) companies in ecozones and are registered with investment promotion agencies (IPA) are free to adopt work from…

Continue ReadingIT-BPM firms may choose to adopt WFH arrangements, but must comply with conditions in operating in ecozones to continue enjoying incentives

IPAs point to COVID-19, high costs of doing business, and foreign equity restrictions as among barriers to investments in the Philippines

In recent reports to the Fiscal Incentives Review Board (FIRB), investment promotion agencies (IPAs) identified the COVID-19 pandemic, high costs of doing business, and foreign equity restrictions in the Philippines…

Continue ReadingIPAs point to COVID-19, high costs of doing business, and foreign equity restrictions as among barriers to investments in the Philippines