PBBM signs CREATE MORE Law expected to further boost PH economy
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NewsTranscript
00:00As our economy continues to grow, the number of investors and jobs in this country is expected
00:06to increase further. President of Argentina De Marcos Jr. has signed into law the Create More
00:13Act today. The Create More Law seeks to achieve corporate recovery and provide added tax
00:20incentives for enterprises to maximize opportunities for reinvigorating the economy.
00:26This law aims to attract more investors and position the Philippines as a prime investment
00:33destination by improving tax incentives and policies for both local and foreign investments.
00:41Create More Act is a resounding testament of our commitment to make the Philippines
00:47the destination of choice for investment. Create More sets the stage for a business landscape
00:54that empowers our enterprises and enhances their growth prospects. By building on the
01:00reforms initiated through the Create Act, we have enhanced our tax regime, incentive framework,
01:08and making it more inviting for investment, while remaining steadfast in the principles
01:15of fiscal prudence and stability.