In an interview in ANC’s Insight with April Lee-Tan yesterday evening, 23 February 2021, Chris Nelson, Executive Director & Trustee of the British Chamber highlighted the significance of the CREATE Bill in reviving the Philippine economy, as he referenced DTI Secretary Lopez’ statement that this will result in P200B of new investments and can help generate 1.4-2 million jobs.
Chris emphasized the need to liberalize the Philippine economy further to remain attractive to foreign direct investments and provide additional stimulus to support the small and medium enterprises.
The Chamber remains a strong supporter of the passing of other key economic bills such as the Retail Trade Liberalization Act, the Public Services Act, and the consistent implementation of the Anti-Red Tape Act.