00:00From the Philippine News Agency, foreign and local businessmen were pleased with the approval of President Ferdinand R. Marquez Jr.
00:08on corporate recovery and tax incentives for enterprises and maximized opportunities for reinvigorating the economy or Create More Law.
00:17According to the European Chamber of Commerce of the Philippines, Executive Director Florian Gautain,
00:25the country's business will grow because of Create More Law.
00:28Under the said law, it will strengthen the ease of doing business in the Philippines.
00:33It clearly provides payment for value-added tax and there will be good incentives for living expenses.
00:41The IT and Business Process Association of the Philippines believes that more businesses will enter the Philippines
00:50and will be able to do more work because of the approval of Create More Law.
00:55The Philippine Chamber of Commerce and Industry also believes that the country's economy will benefit from the said law.
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