FIRB orders investments board to complete SIPP by end-Jan. - BusinessWorld Online

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THE FIRB has directed the Board of Investments to finalize the Strategic Investment Priority Plan this month in order to clarify which investors are eligible for perks under the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act. READ:

“Once the categories are identified, the next step is for each of the investment promotion agencies to identify the specific companies they want to invite, and then discuss with them what it would take for them to invest in the country,” Finance Secretary Carlos G. Dominguez, III said in an inter-agency meeting held last month.

“COVID-19 heavily disrupted the supply chains, causing sizable declines in world trade during its peak,” he said.

 

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