00:00to create jobs for Filipinos.
00:03This is the goal of the government's roadshows
00:06to various countries to encourage investors to move to the Philippines.
00:11This is the next step in implementing rules and regulations
00:15for the Create More Law,
00:17which aims to create additional tax incentives
00:20for businesses, local or foreign companies.
00:24This includes South Korea, which could be implemented in March or April.
00:28United States, Japan, Europe, Middle East and China are also included in the target.
00:34According to Special Assistant to the President
00:36for Investment and Economic Affairs, Secretary Frederick Goh,
00:40he has learned to notice the semiconductor industry,
00:44which is the largest industry in the country.
00:47In 2024, the country recorded an investment of P1.95 trillion,
00:53which is the highest in the history of the Philippines
00:56and 33% higher than in 2023.
01:03Our responsibility is to let the investors know about Create More,
01:08how it will benefit them,
01:10how it will improve the ease of doing business,
01:12how it will reduce the cost of doing business.
01:14First thing you have to know about Create More
01:17is it is not purely an incentive program for foreign investors.
01:22It is a program to increase investments
01:27from both the domestic investors and foreign investors.
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