Tag: foreign investment
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Philippines and Cambodia Sign Double Taxation Agreement to Boost Economic Ties
In a significant move to enhance economic cooperation, President Ferdinand R. Marcos Jr. and Cambodian Prime Minister Samdech Moha Borvor Thipadei Hun Manet oversaw the signing of a double taxation agreement (DTA) on February 11, 2025, at Malacañan Palace. The agreement, part of a broader set of deals signed during Hun Manet’s visit, aims to…
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Philippines Showcases Investment Potential at Davos WEF 2025
The Philippines is poised to attract more foreign investments after its active participation in the World Economic Forum (WEF) Annual Meeting 2025 in Davos, Switzerland. Speaker Ferdinand Martin Romualdez highlighted the success of the Philippine delegation’s engagements, which he believes will lead to increased job opportunities and economic growth. Romualdez emphasized the country’s vast potential…
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Philippines Vows to Enhance Business Environment at WEF 2025
At the 2025 World Economic Forum in Davos, Switzerland, Speaker Martin Romualdez reiterated the Philippines’ dedication to creating a more investor-friendly climate. During a breakfast meeting with global business leaders, Romualdez emphasized the government’s ongoing efforts to refine legislative and regulatory frameworks to attract foreign investment and foster national development. Romualdez highlighted the CREATE MORE…
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Philippine House Passes Bill Extending Foreign Land Leases to 99 Years
In a significant move to attract foreign investment, the Philippine House of Representatives has passed a bill on its final reading, allowing foreign investors to lease private lands for up to 99 years. The vote was overwhelmingly in favor, with 175 votes for, three against, and two abstentions. The legislation, House Bill 10755, was spearheaded…
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Philippine House Passes Bill to Extend Foreign Land Leases to 99 Years
In a significant move to attract foreign investment, the Philippine House of Representatives has passed a bill on its final reading, allowing foreign investors to lease private lands for up to 99 years. The vote was overwhelmingly in favor, with 175 votes for, three against, and two abstentions. The legislation, House Bill 10755, was spearheaded…
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