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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 177470 [Title] => SEC head cites need to address concerns of foreign investors [Summary] => Securities and Exchange Commission (SEC) Chairperson Lilia R. Bautista said the country must immediately address the concerns of foreign investors on the burgeoning budget deficit, the peace and order situation, and the dearth of incentives if it wants to attract and sustain both domestic and foreign investments.
Bautista said investor confidence continues to be undermined by the rising budget deficit, the huge non-performing loans of banks, weak corporate governance, instances of market misconduct and poor financial literacy.
[DatePublished] => 2002-09-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
SPECIAL PURPOSE ASSET VEHILE
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 177470 [Title] => SEC head cites need to address concerns of foreign investors [Summary] => Securities and Exchange Commission (SEC) Chairperson Lilia R. Bautista said the country must immediately address the concerns of foreign investors on the burgeoning budget deficit, the peace and order situation, and the dearth of incentives if it wants to attract and sustain both domestic and foreign investments.
Bautista said investor confidence continues to be undermined by the rising budget deficit, the huge non-performing loans of banks, weak corporate governance, instances of market misconduct and poor financial literacy.
[DatePublished] => 2002-09-26 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 | September 26, 2002 - 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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