Cement News tagged under: tax incentive
Fiscal budget to offer incentives in Bangladesh cement industry17 June 2021, Published under Cement NewsBangladesh’s National Budget for 2021-22 (July 2021-June 2022) was presented by Minister of Finance, A H M Mustafa Kamal, in Parliament on 3 June. During his speech, the minister acknowledged that cement, iron and iron products are the critical components of infrastructural development. Therefore, if tax incentive is provided to these industries engaged in producing these items, development of physical infrastructure will be easy and cost-effective. He proposed reducing the tax rat... |
Philippines: Eagle Cement receives tax incentive26 September 2017, Published under Cement NewsEagle Cement Corp reported that two of its cement projects with a total cost of nearly PHP19bn (US$373m) have been recently approved by the Board of Investments (BOI) under the prevailing Investment Priorities Plan (IPP), which provides such business activities with fiscal and nonfiscal incentives. The projects relate to the PHP6.5bn expansion of the company’s Bulacan plant and the PHP12.5bn production facility of its wholly-owned subsidiary South Western Cement. In its disclosure to ... |
Nigeria: removal of cement tax incentive12 August 2016, Published under Cement NewsThe removal of pioneer status tax incentive for the cement industry has caused concerns for operators in the real sector, who feel the development will send the wrong signal to investors. The issue was raised by the President of Manufacturers Association of Nigeria, Dr Frank Jacobs, with the Minister of Industry, Trade and Investment, Dr Okechukwu Enelamah, at a recent stakeholders’ meeting. Dr Jacobs said, “The news of government withdrawing the pioneer status tax incentive enjoyed by th... |
Page
1
of
1
1