Latest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
President Ferdinand Marcos Jr. on Monday said several of the investment commitments that his administration has secured are already in motion and are expected to generate hundreds of thousands of jobs.“A substantial number of investment pledges have already commenced operations, with many more at various stages of development,” Marcos said in his third State of the Nation Address .
The President also said that the rationalized incentives scheme under the CREATE Act “has also made possible the generation of investments amounting to more than one trillion pesos, and more than a hundred thousand new jobs.”In 2023, the BOI reported that it has approved P1.16 trillion worth of investment pledges—the highest ever in the agency’s history. “This promising state of affairs is now beckoning us to create more — through the passage of the CREATE MORE Act,” Marcos said.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
IBP stands firm: Asserting Philippine sovereignty in the West Philippine SeaThe Integrated Bar of the Philippines (IBP), the official organization of Philippine lawyers, is one with the Filipino people and the Philippine government in asserting our country’s sovereign rights in the West Philippine Sea.
Read more »
LGBT community gathers in QC for Pride PH 2024Latest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »
VNL: Yuki Ishikawa drops 33 as Japan completes epic comeback vs. FranceLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »
PCG: No need yet for other countries' support for resupply missionsLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »
PCG: No need yet for foreign support for resupply missionsLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »
PCG condemns China actions, but says Ayungin incident not an 'armed attack'Latest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »