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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 509679 [Title] => Rules on real estate investment trusts to be signed by yearend [Summary] =>A law that will provide the regulatory framework for real estate investment trusts (REITS) is expected to be signed by the end of the year, allowing the Philippines to take a significant step in recognizing the importance of real estate as an alternative investment instrument.
[DatePublished] => 2009-10-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
BOTH MALAYSIA AND THAILAND
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 509679 [Title] => Rules on real estate investment trusts to be signed by yearend [Summary] =>A law that will provide the regulatory framework for real estate investment trusts (REITS) is expected to be signed by the end of the year, allowing the Philippines to take a significant step in recognizing the importance of real estate as an alternative investment instrument.
[DatePublished] => 2009-10-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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By Zinnia B. Dela Peña | October 1, 2009 - 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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