The Philippine Economic Zone Authority (PEZA) is urging the government to leverage the Corporate Recovery and Tax incentives for Enterprises (CREATE) Act as a platform to stimulate domestic production and services. Know more:
THE Philippine Economic Zone Authority is urging the government to leverage the Corporate Recovery and Tax incentives for Enterprises Act as a platform to stimulate domestic production and services.
He also underscored the importance of increasing domestic output, as domestic producers far outnumber the export producers. “We can help in the administration’s efforts to graduate to an upper-middle income economy with our partnership and more importantly, with the contributions of young entrepreneurs like yourselves in shaping the market and our future,” Panga noted.
The key industries that these Chinese locator companies engage in are: basic metals, real estate activities, rubber and plastic products, fabricated metal products, warehousing and storage, electrical machinery and apparatus, radio, television and communication equipment and apparatus, software development, business process outsourcing , and paper products.
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