Who is the president that issued EO 470 which enhanced the program of establishing the youth entrepreneurship program?

What is issued EO 470?

E.O. No. 470. MODIFYING THE NOMENCLATURE AND RATES OF IMPORT DUTY OF CERTAIN IMPORTED ARTICLES UNDER SECTION 104 OF THE TARIFF AND CUSTOMS CODE OF 1978 (PRESIDENTIAL DECREE NO.

What is eo 470?

470 July 21, 1976. MODIFYING THE RATE OF IMPORT DUTY ON CERTAIN IMPORTED ARTICLES AS PROVIDED UNDER REPUBLIC ACT NO. 1937, OTHERWISE KNOWN AS THE TARIFF AND CUSTOMS CODE OF THE PHILIPPINES, AS AMENDED.

What are the current problems of Filipino entrepreneurs?

Among the current problems that Filipino entrepreneurs encounter today are the inadequate access to technology, financing capital, marketing advice and logistical problems in setting up and maintaining their competitiveness in their community.

What are the top three issues that impede Philippine entrepreneurs to succeed or even start their own enterprise?

8 Things that Hinder the Success of Filipino Entrepreneurs

  • Red-tape. …
  • Poor public utility services. …
  • Lack of financial support. …
  • Lack of marketing skills. …
  • Ineffective management. …
  • 6 Inability to innovate. …
  • 7 Lack of customer care. …
  • Lack of self-growth.

Who approved the implementation of youth entrepreneurship program?

2212 and House Bill No. 5603 was finally passed by the Senate and the House of Representatives on May 27, 2015 and June 2, 2015, respectively.

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What challenges are businesses facing today?

Here are some examples of challenges that businesses face today with suggestions for how to address and handle them:

  • Maintaining quality customer relationships.
  • Meeting customer needs.
  • Preserving a good reputation.
  • Retaining employees.
  • Finding an effective brand.
  • Marketing in a saturated marketplace.

What are the economic issues facing the Filipino entrepreneur?

Terms in this set (10)

  • minimum wage. lowest wage per hour that a worker may be paid as mandated by the federal law.
  • wages. another factor that drives up a business operating expenses.
  • National Wages and Productivity Commission. …
  • tax. …
  • Percentage tax. …
  • capital gains tax. …
  • value added tax. …
  • income tax.
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