SENATE President Francis G. Escudero said President Ferdinand R. Marcos, Jr. is due to sign the bill that will amend the Corporate Recovery and Tax Incentives for Enterprises (CREATE) in less than three weeks.
“The President is due to sign it on Nov. 11, barring any typhoons and calamities,” Mr. Escudero said at the 13th Arangkada Philippines Forum in Pasay City on Thursday.
The measure “seeks to encourage more investors to actually come into the Philippines by providing a level, more predictable, and sustainable playing field, (thereby generating) jobs here in the Philippines,” he added.
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