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Innovation Council approves procurement, startup reforms
Business World Philippines
|November 25, 2025
THE National Innovation Council (NIC) approved reforms aimed at modernizing government procurement and innovation projects and easing barriers for enterprises and startups.
In a statement on Monday, the Department of Economy, Planning, and Development (DEPDev) said the Council, at its ninth meeting, endorsed the New Government Procurement Act Supplemental Guidelines for the Direct Procurement for Science, Technology, and Innovation.
"The guidelines aim to streamline procurement processes for government entities engaged in research and development, science, technology, and innovation programs and projects," DEPDev said.
Esta historia es de la edición November 25, 2025 de Business World Philippines.
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