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DOF moves to review VAT on local inputs of exporters
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VAT on local inputs of exporters under review
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BusinessWorld
July 19, 2021 | 7:00 am
Special Features Writer
For years, the Philippines’ story was about growth and development. Dubbed as Asia’s next rising tiger, the country’s economic narrative had been breaking expectations with its rapid and continued expansion. Then the pandemic struck. Moving forward, the question on everyone’s minds is how to return to such a state of growth and restart the journey to recovery. According to the World Bank, agriculture could be the key.
“Modernizing the country’s agricultural sector is a very important agenda for the Philippines,” Ndiame Diop, World Bank country director for Brunei, Malaysia, Thailand, and the Philippines, said in a September 2020 report titled “
Anflo Industrial Estate: Boosting agro-industry in and beyond Mindanao
July 19, 2021 | 7:00 am
The Philippines’ agro-industry is starting to thrive at the Anflo Industrial Estate (AIE), the premier hub of its kind in the country.
Tapping what it sees as the huge opportunity to advance the country’s agro-business sector and its inception, AIE is positioned and designed to further develop the vast potential of the agro-industry of the Davao Region and Mindanao by providing a ready market for the region’s agri-produce and efficiently exported to the rest of the world.
The 63-hectare AIE, strategically located between Davao City and Tagum City, is a self-sustaining ecozone with complete facilities for manufacturing, cottage industries, warehousing, and agro-industrial operations.
Tax perks of favored companies cost gov t P482B foregone revenues in 2019
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