Albay 2nd district Rep. Joey Salceda believes that Congress can help the Philippines become more competitive in the global semiconductor industry.
Salceda had this to say following his participation in the Indo-Pacific Business Forum last Jan. 12. The Bicolano was the sole Filipino legislator on the VIP panel of the internationally-streamed event.
The House Committee on Ways and Means went on to enumerate the actions Philippine legislators are taking to help boost the country’s competitiveness in semiconductor manufacturing. The panel discussion was streamed to counterparts in Tokyo, Japan. “My committee is also instructing DTI to create the comprehensive list of SIPP -eligible industries under CREATE Law. We are also recommending the guidelines for the super-incentives package under CREATE,” Salceda said.“Of course, we are also trying hard to address power costs and ease of doing business,” added the economist-solon.
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