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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 98507 [Title] => Philip Morris to invest $300 M for new facility [Summary] => Philip Morris Co. Inc. said yesterday it is pushing through with its plan to invest $300 million in the country for the development of a new and expanded cigarette manufacturing facility in Southern Tagalog.
This announcement came as PMCI chairman and chief executive officer Geoffrey Bible met with Trade and Industry Secretary Manuel Roxas II who told reporters that the companys management has just approved the investment which is scheduled to be ratified formally by its board of directors.
[DatePublished] => 2000-10-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
GEOFFREY BIBLE
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 98507 [Title] => Philip Morris to invest $300 M for new facility [Summary] => Philip Morris Co. Inc. said yesterday it is pushing through with its plan to invest $300 million in the country for the development of a new and expanded cigarette manufacturing facility in Southern Tagalog.
This announcement came as PMCI chairman and chief executive officer Geoffrey Bible met with Trade and Industry Secretary Manuel Roxas II who told reporters that the companys management has just approved the investment which is scheduled to be ratified formally by its board of directors.
[DatePublished] => 2000-10-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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October 13, 2000 - 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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