Philippines

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How is the tax system being simplified to enhance the business environment?

 

In what ways can legislative reform improve the business climate in the Philippines, stimulate competition and encourage foreign investment?

 

How attractive is the Philippine health care market for domestic or international investment?

 

Taxes in the Philippines are imposed at both the national and local levels. Nationally, taxes are levied and collected pursuant to the National Internal Revenue Code, the Tariff and Customs Code, and several special laws. There are four main types of national internal revenue taxes: income, indirect, excise and documentary stamp taxes, all of...

 

As the most far-reaching reform of the Philippine education system in decades, the introduction of K-12 was highly controversial. Opposition to extending compulsory schooling by two years was triggered by concerns about whether the infrastructure could cope, whether there were enough teachers and what the impact would be on private colleges....

 

The changes taking place across the education sector are designed to better equip Filipinos for jobs that require critical thinking skills and an understanding of technology. There is also a pressing need to address the country’s skills gap, with graduates often left either unemployed or underemployed, and industries unable to find the workers...

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