Trade dep’t insists on perks for job-generating activities

As such, the agency’s draft of the 2009 Investment Priorities Plan (IPP) — an annual list of projects that are entitled to incentives — will include ventures that retain workers or provide retraining. The draft will be presented to the public for comments on March 2.

Elmer C. Hernandez, managing head of the Trade department’s Board of Investments (BoI), earlier said the draft lists incentives for troubled firms that retain or retool workers, companies that assist retrenched workers in putting up their own businesses, and micro-, small-, and medium-scale enterprises.

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