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Vietnam overtaking Philippines in semicon output

Vietnam overtaking Philippines in semicon output
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Slashing FIRB powers, boosting IPA s, eyed • Jasper Y Arcalas

PRESIDENT Ferdinand R. Marcos Jr. wants to reduce the powers of the Fiscal Incentives Review Board (FIRB) and restore the mandate of the investment promotion agencies (IPAs) to grant incentives as part of the amendments to the Corporate Recovery and Tax Incentives for Enterprises Act (CREATE), according to a senior lawmaker. Albay Rep. Joey Sarte

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