DOF: Over 115,000 MSME workers got wage subsidy ahead of schedule

MANILA, Philippines — The government has released ahead of schedule the wage subsidies of over 115,000 workers employed by micro, small and medium enterprises (MSMEs) that temporarily closed during the lockdown imposed in Luzon and other parts of the country to contain COVID-19’s spread. “As of May 1, the Social Security System (SSS), through its […]

Company registration easier under new SEC rules

The Securities and Exchange Commission (SEC) has agreed to relax the registration requirements of domestic corporations to help ease doing business in the country. “By easing the requirements for company registration, we hope to further encourage the formation of...