SAPCO Philippines Services Corp (SAPCO PH) is a business support services firm that supports both local and foreign enterprises in establishing their business in the Philippines. Upon its formation in 2017, SAPCO has a spotless track record of aiding numerous entities with company development, business registrations, accounting team setup, and other business solutions. As we […]
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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.
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
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
