Recto invites global investors to Philippines, touts CREATE MORE Act

Finance Secretary Ralph G. Recto, acting as the President's Special Envoy to the World Economic Forum, urged global investors in Davos to consider the Philippines as a hub for their business operations.

Recto highlighted the recently enacted CREATE MORE Act, which offers tailored fiscal and non-fiscal incentives to boost business growth and job creation.

The finance chief promised investors a supportive environment for their long-term growth and success in the Philippines.

The Philippine Breakfast Interaction with Investors event, attended by nearly 50 global business and government leaders, was organized to attract investment in high-impact industries.

Additionally, Recto emphasized the Philippines' growing digital economy, noting it as the fastest-growing in Southeast Asia.

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