00:00More business news. A big business organization has welcomed the clearer investment rules and
00:05improved fiscal benefits under the Corporate Recovery and Tax Incentives for Enterprises
00:10to maximize opportunities for reinvigorating the economy or Create More Act. According to
00:16Management Association of the Philippines President Rene Almendraz, the Create More Act
00:20will boost the country's global competitiveness by enhancing ease of doing business, fostering
00:25a supportive environment for investors, and attracting diverse job-generating investments
00:30for Filipinos. Almendraz also expressed gratitude to President Ferdinand R. Marx Jr. for enacting a
00:36law that reflects his administration's strong commitment to empowering the business sector
00:41and creating a supportive environment for businesses to thrive and contribute to the economy.
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