Tag: CREATE MORE Act
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Philippines Boosts ITBPM Sector with CREATE MORE Act Implementation
The recent signing of the implementing rules and regulations (IRR) for the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (CREATE MORE) Act is set to enhance the stability, cost-efficiency, and attractiveness of the Philippines as a hub for information technology and business process management (ITBPM). The IT and…
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PEZA Anticipates Surge in Investors Following CREATE MORE IRR Signing
The Philippine Economic Zone Authority (PEZA), led by Director General Tereso Panga, is poised to attract a greater number of investors to its economic zones nationwide after the recent signing of the implementing rules and regulations (IRR) for the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (CREATE MORE)…
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Philippine Stock Market Rises Post CREATE MORE Act IRR Signing, Peso Declines
In Manila, the Philippine Stock Exchange index (PSEi) saw a significant increase on Tuesday, buoyed by the recent signing of the implementing rules and regulations (IRR) for the CREATE MORE Act, aimed at corporate recovery and tax incentives. The PSEi closed at 6,094.96, marking a 1.69 percent rise, while the All Shares index also advanced…
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Philippine Government Agencies Finalize CREATE MORE Act Regulations to Boost Investment
In a significant move to enhance the country’s investment climate, key government officials, including Finance Secretary Ralph Recto and Trade Secretary Ma. Cristina Roque, have signed the implementing rules and regulations (IRR) for the CREATE MORE Act. The signing took place on February 17, 2025, and was attended by notable figures such as Senator Sherwin…
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