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Philippines approves $3.6bn worth of digital infrastructure investment projects
Several players see their proposals green stamped and approved for tax benefits as South East Asia speeds up connectivity rollouts.
By João Marques Lima
Founder and Editor, The Tech Capital
2 Mins
July 31, 2023 | 12:09 AM BST
The Philippines Finance Secretary Benjamin Diokno. Source: Minister's Office
The Philippines Finance Secretary Benjamin Diokno has announced that the Fiscal Incentives Review Board (FIRB) has approved 25 projects with a total investment capital of P287.9 billion (US$5.2 billion) since the start of President Ferdinand Marcos Jr.'s administration in June 2022.
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