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A major tax reform long awaited by many business groups in the country is the CREATE law, which seeks to lower taxes to the level of our ASEAN neighbors and strengthens incentives.

For many enterprises, especially our rural MSMEs, the lower corporate taxes for a wider range of businesses and the possibility of new incentives for our local industries will be a big help for businesses recover and build resilience as they continue to recover in the new normal. More business can now i vest in tools to makenthemselves more resilient.

The benefits of this growing industry go far beyond those cooking and making the truffles and the candies. This means,vthat unlike other crops, you dont need to uproot, retill, refertilize and replant, which takes away a portion of the soil every time it rains. Likewise, it is suitable in areas where other cash crops are difficult to grow, and is good for intercropping among coconuts, boosting the income of coconut farmers.DPWH Secretary Mark Villar recently announced that the constructiojnof the much awaited Panguil Bay Bridge linking Lanao del Norte to Misamis Occidental is to begin.

 

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Law Law Latest News, Law Law Headlines