Mandanas ruling seen to bolster LGU’s role in attracting investments to regions

  • 📰 inquirerdotnet
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 86%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

Economic planners in Davao City are bullish about implementing the Supreme Court’s Mandanas ruling that increased the national internal revenue allotments share of local government units. /PDI

She said good governance at the local level, such as the implementation of business processing and permitting and licensing systems through digital platforms and updating their investment approach to provide incentives to investors would also boost their capacity to attract investments. Lim said they could conduct more promotional and marketing activities through festivals, fairs and exhibits. “These would be opportunities for more investors to come,” she said.

Neda expects growth in investments in the Davao region this year due to the “speedy post-pandemic recovery efforts of global, national, and local economies,” according to Lim.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in LAW

Law Law Latest News, Law Law Headlines