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  1. Oct 12, 2021 · The Republic Act 11293 or the Philippine Innovation Act is said to bolster the government’s R&D efforts. The National Economic and Development Authority had developed the implementing rules and regulations in collaboration with the Departments of Science and Technology and Trade and Industry. We do need an ecosystem approach to enhancing ...

  2. Oct 11, 2023 · Since 2020, the research and development (R&D) expenditure on the gross domestic product (GDP) of the Philippines has remained constant at 0.16 percent. This was forecast to remain the same in ...

  3. The bill proposes to lower the corporate income tax rate to 25% in 2021 (from 30%), with a 1% reduction each year beginning in 2023 and continuing through to 2027 (resulting in a 20% rate in 2027). New enterprises will be able to choose from various tax incentives (depending on their location and industry) under the CREATE bill; sunset ...

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  4. May 28, 2021 · The Philippines celebrated its first National Innovation Day on 21 April 2021. By global measures, there is much to be celebrated: the Global Innovation Index (GII) ranked the Philippines as the 50th most innovative economy in 2020 — up from 100th in 2014. Among the world’s lower-middle-income economies, the Philippines ranks 4th behind ...

  5. May 10, 2021 · STAR / File. MANILA, Philippines — The government needs to allocate a substantial portion of its national budget for research and development (R&D) as it tries to fight off the global pandemic ...

  6. Nov 22, 2021 · November 22, 2021. Resize. THERE is a record-breaking increase in human and financial resources supporting research and development (R&D) from 2015 to 2018, a study by the Department of Science and Technology (DoST), the Philippine Statistics Authority and the University of the Philippines Los Baños showed. DoST Assistant Secretary for Finance ...

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  8. Jan 12, 2022 · First was the sheer amount of money John D. Rockefeller transferred to the Foundation: $100 million in the first year plus another $82.8 million in 1919 (the equivalent of more than 5.1 billion in 2022 dollars). By the 1920s, the Rockefeller Foundation had become the largest philanthropic enterprise in the world.