Business groups thank Pascual, hope new DTI chief will still focus on MSMEs

Philippines News News

Business groups thank Pascual, hope new DTI chief will still focus on MSMEs
Philippines Latest News,Philippines Headlines
  • 📰 BusinessMirror
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 59%

BUSINESS groups have thrown their support for outgoing Trade and Industry Secretary Alfredo E. Pascual, lauding his efforts on micro, small and medium enterprises (MSMEs), spurring job generation in the IT-BPM industry and “removing barriers” to trade and investment, among others.

BUSINESS groups have thrown their support for outgoing Trade and Industry Secretary Alfredo E. Pascual, lauding his efforts on micro, small and medium enterprises , spurring job generation in the IT-BPM industry and “removing barriers” to trade and investment, among others.

“His strategic initiatives received strong support from European business chambers and groups, reflecting his commitment to creating a conducive environment for international trade,” the GPCCI said in a statement on Thursday. This, GPCCI noted, “further solidified the strong ties between the two countries and opened new avenues for collaboration.”

“We are thankful for the strong commitment and support of Secretary Fred Pascual to the IT-BPM industry since 2022. The industry grew substantially in jobs generated and export revenue during his term at DTI,” Madrid said in a Viber message sent to the BusinessMirror. In particular, the PRA chief said it’s “completely unlevel or unfair” that local retailers are required to pay 12-percent Value-added Tax while foreign retailers who are on E-commerce platforms or online are going to pay only 1-percent withholding tax.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BusinessMirror /  🏆 19. in PH

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

HEADLINES: Pascual quits as DTI chief | August 1, 2024HEADLINES: Pascual quits as DTI chief | August 1, 2024Good day. Here are the stories for The Manila Times for Thursday, August 1, 2024.
Read more »

Pascual resigns as DTI chiefPascual resigns as DTI chiefDefining the News
Read more »

DTI chief Pascual resigns, eyes return to private sectorDTI chief Pascual resigns, eyes return to private sectorLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »

Pascual urges successor to prioritize trade, MSMEs, investments, consumer protectionPascual urges successor to prioritize trade, MSMEs, investments, consumer protectionDefining the News
Read more »

DTI Secretary Alfredo Pascual steps downDTI Secretary Alfredo Pascual steps downSunStar Publishing Inc.
Read more »

SM Prime and DTI support MSMEs with more than 80 SM mall spaces nationwideSM Prime and DTI support MSMEs with more than 80 SM mall spaces nationwideDefining the News
Read more »



Render Time: 2025-02-13 12:44:01