Monday, December 29, 2025
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Tag: FIRB

Power subsidy eyed for Samsung’s $1-b factory

The Philippine government is close to finalizing a power subsidy package for Samsung Electro-Mechanics Philippines Corp. (SEMPHIL), paving the way for the company’s planned...

PEZA eases 50% remote work rule

The Philippine Economic Zone Authority (PEZA) is easing its 50-percent cap on remote work for firms registered in its zones, a policy shift that...

FIRB extends P20.9-b tax subsidies to gov’t agencies

The Fiscal Incentives Review Board (FIRB) said it approved P20.9 billion in tax subsidies for various government institutions to improve the accessibility and efficiency...

FIRB evaluates investments worth P50b for tax incentives

Finance Secretary Ralph Recto, chair of the Fiscal Incentives Review Board (FIRB), presided the evaluation of projects with investments exceeding P50 billion. The projects involve...

FIRB Meeting

Finance Secretary Ralph Recto (right) leads his first Fiscal Incentives Review Board (FIRB) meeting as chairperson on Feb. 12, 2025. The meeting discussed the...

FIRB still reviewing work-from-home setup for BPOs

The Fiscal Incentives Review Board chaired by Finance Secretary Benjamin Diokno said Thursday it is still studying the extension of the work-from-home arrangement for...

FIRB to have larger role under CREATE

Finance Secretary Carlos Dominguez III wants the newly-reconstituted Fiscal Incentives Review Board to meet soon and discuss the body’s expanded functions under the Corporate...
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