Duterte Administration Reluctant to Provide New Fiscal Incentives for Investors

President Rodrigo Duterte’s administration is reluctant to provide new fiscal incentives for investors. Socioeconomic Planning Secretary Ernesto Pernia said it is now reviewing the system with the goal of rationalization. Instead of fiscal incentives, the administration will try to lure investors by building better road systems and sustaining the campaign for peace and order…

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