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CREATE MORE law, magdadala ng mas maraming pamumuhunan sa Pilipinas – business groups

Ivy Padilla
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President Ferdinand R. Marcos Jr. signed the CREATE MORE Act into law this Monday, November 11. (Photo by PCO)

Pinuri ng foreign and local business groups ang pagsasabatas ng Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (CREATE MORE) law sa Pilipinas nitong Lunes, Nobyembre 11.

Binigyang-diin ng mga grupo ng negosyante na makatutulong ang nasabing batas sa paglikha ng ‘competitive business environment’ sa bansa.

“With the CREATE MORE Act in place, the Chamber is optimistic about the stronger momentum this will generate for economic progress,” saad ni European Chamber of Commerce of the Philippines (ECCP) Executive Director Florian Gottein.

“This will create a ripple effect, encouraging sustained investments, boosting job creation, and promoting a thriving business environment that supports inclusive growth,” dagdag nito.

Inilarawan naman ng IT and Business Process Association of the Philippines (IBPAP) ang CREATE MORE bilang isang ‘milestone’ sa business community ng bansa.

“This translates to increased opportunities in the IT-BPM sector in creating an attractive and competitive business environment that will bring in new investments, create new jobs, upskill our workforce, and reinforce our position in the global market,” saad ng IBPAP.

Nakikita rin ng Philippine Chamber of Commerce and Industry (PCCI) at Philippine Exporters Confederation, Inc. (PHILEXPORT) na magdadala ng benepisyo ang batas na ito para sa mga local business at export industry.

Ayon kay PCCI President Eunina Mangio, malaking bagay ito para sa higit na pagpapalakas ng mga lokal na negosyo kabilang ang micro, small and medium enterprises (MSMEs).

“These provisions significantly improve tax certainty and create a more sustainable incentive framework. Under a more favorable and predictable tax environment, businesses can better plan for long-term growth. We can likewise expect to foster more foreign direct investments to come in,” saad ni Mangio.

Para naman kay PHILEXPORT president Sergio Ortiz-Luis Jr., magbibigay ng ‘transformative benefits ang CREATE MORE sa mga local industry sa pamamagitan ng paghijayat sa mas marami pang banyagang mamumuhunan.

“Given its investor-friendly features, the new legislation has the potential to create more jobs and stimulate economic growth through enhancements in the country’s tax incentives regime, making it more competitive and attractive to both domestic and international investors,” ani Ortiz.

Nilagdaan ni Pangulong Ferdinand R. Marcos Jr. ang CREATE MORE nitong Lunes na inaasahang makatutulong upang mas dumami pa ang pamumuhunan na papasok sa bansa mula sa iba’t ibang panig ng mundo. – AL