International Container Terminal Services, Inc. (ICTSI)

Comprehensive Income Tax and Incentive Rationalization Act (CITIRA)

Amid CITIRA issues, exporters readying exit plans...

23 August, 2019 at 09:07

Japanese firm Cebu Mitsumi Inc. has dropped its plan to expand operations in the Philippines, opting instead to invest in Cambodia, due to concerns on the proposed changes in the incentives regime being pushed under the second package of the government’s tax reform program, the Philippine Economic Zone Authority (PEZA) said.




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