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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 378834 [Title] => Are we still ranked as the country with the lowest cost of living in the world? [Summary] => In 2005, the Philippines ranked as the country with the "lowest cost of living" in the world. This means that living in the Philippines is cheap and thus, it becomes a haven for foreigners to live here. Compared to living in America, Europe or Japan where housing, transportation, labor and commodities are so expensive, the Philippines is the very opposite. In fact, have you ever wondered why we have an influx of Koreans in this country? Well, as of 2006 Seoul, Korea ranks the third highest country that has very high cost of living. It has even bypassed Japan. [DatePublished] => 2007-01-08 00:00:00 [ColumnID] => 133536 [Focus] => 0 [AuthorID] => 1804832 [AuthorName] => Sara Soliven De Guzman [SectionName] => Opinion [SectionUrl] => opinion [URL] => ) ) )
BACK OFFICE PROCESSES
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 378834 [Title] => Are we still ranked as the country with the lowest cost of living in the world? [Summary] => In 2005, the Philippines ranked as the country with the "lowest cost of living" in the world. This means that living in the Philippines is cheap and thus, it becomes a haven for foreigners to live here. Compared to living in America, Europe or Japan where housing, transportation, labor and commodities are so expensive, the Philippines is the very opposite. In fact, have you ever wondered why we have an influx of Koreans in this country? Well, as of 2006 Seoul, Korea ranks the third highest country that has very high cost of living. It has even bypassed Japan. [DatePublished] => 2007-01-08 00:00:00 [ColumnID] => 133536 [Focus] => 0 [AuthorID] => 1804832 [AuthorName] => Sara Soliven De Guzman [SectionName] => Opinion [SectionUrl] => opinion [URL] => ) ) )
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By AS A MATTER OF FACT | By Sara Soliven De Guzman | January 8, 2007 - 12:00am
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President Ferdinand Marcos Jr. on Monday signed a new law that streamlines tax incentives for businesses in the Philippines, including the taxation of companies in special economic zones.
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During the conference, Finance Secretary Ralph Recto emphasized the importance of a business environment that supports consistent progress.
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