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Marcos Jr.'s priority is to ensure that the neoliberal policies that his predecessor President Rodrigo Duterte passed are maximized to create the most favorable environment for big businesses, including foreign capital. To become an investment destination, the administration will provide massive tax breaks to corporations through the CREATE Law and provide foreign companies more profit-making opportunities with the amended laws on public services and foreign investments. ....
The next administration can vouch on two laws that can help spur the Philippine’s economic recovery from the impact of the Covid-19 pandemic, Senate Minority Leader Franklin Drilon said on Tuesday.
Drilon cited the newly-signed law that amends the 86-year old Public Service Act or Republic A ....