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PBBM signs CREATE MORE Law expected to further boost PH economy
PTVPhilippines
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11/11/2024
PBBM signs CREATE MORE Law expected to further boost PH economy
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00:00
As our economy continues to grow, the number of investors and jobs in this country is expected
00:06
to increase further. President of Argentina De Marcos Jr. has signed into law the Create More
00:13
Act today. The Create More Law seeks to achieve corporate recovery and provide added tax
00:20
incentives for enterprises to maximize opportunities for reinvigorating the economy.
00:26
This law aims to attract more investors and position the Philippines as a prime investment
00:33
destination by improving tax incentives and policies for both local and foreign investments.
00:41
Create More Act is a resounding testament of our commitment to make the Philippines
00:47
the destination of choice for investment. Create More sets the stage for a business landscape
00:54
that empowers our enterprises and enhances their growth prospects. By building on the
01:00
reforms initiated through the Create Act, we have enhanced our tax regime, incentive framework,
01:08
and making it more inviting for investment, while remaining steadfast in the principles
01:15
of fiscal prudence and stability.
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