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Recto Leads FIRB's Historic Review of P50-B Investments
The Philippine Star
|February 16, 2025
Finance Secretary and Fiscal Incentives Review Board chair Ralph Recto led the 25th FIRB board Meeting on Feb. 12, marking the first time the board has evaluated investment projects exceeding P50 billion.
The reviewed projects include the advanced manufacturing of multi-layer ceramic capacitors for the automotive sector and the production and assembly of electric vehicles and their components for both public and private transport.
Recto said this milestone reflects growing investor confidence in the country's economic landscape.
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