News/Events Archives

Businesses and organizations must stay up to date with the current trend as the Philippines continue to adapt to the new normal. The Bangko Sentral ng Pilipinas (BSP) is stepping up its digitalization efforts to promote the microfinance sector, as well as micro, small, and medium enterprises (MSMEs) in the country, beginning in March 2022. […]

SAPCO provides online assistance with Accounting and Legal Compliance in support of BSP’s call for digitization efforts Read More »

Last January, the government launched an updated 2022-2028 National Strategy for Financial Inclusion (NSFI), led by the Bangko Sentral ng Pilipinas (BSP). This time, a more comprehensive approach is integrated and a six-year timeframe is adopted. NSFI is focused on achieving its desired outcomes, which include increased access to finance for startups, MSMEs (Micro, Small

SAPCO intensifies commitment to delivery of services in various MSME industry and startup companies as PH’s new financial inclusion focus on these sectors Read More »

Last March 2, 2022, President Rodrigo Duterte signed Republic Act No. 11647, amending Republic Act No. 7042, generally known as the Foreign Investment Act (FIA). This gesture is made to encourage and attract international investors to establish and fully own domestic enterprises in the country for the first time. Due to its relatively stringent foreign

SAPCO offers aid to both local and foreign companies who want to operate in the Philippines in line with the amendment of Foreign Investment Act (FIA) Read More »