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It also helps to address the government's efforts of creating 2 million jobs per year to be able to neutralize the rate of unemployment in the country. The Philippine Congress then passed the Freeport Area of Bataan Act (Republic Act 9728), which was enacted into law on October 23, 2009.
The list includes general SEZs and the more specific free trade zones and free ports, managed either by the Philippine Economic Zone Authority or held privately. As of April 30, 2016, there were 345 operating economic zones throughout the Philippines. [1]
In early 1972, three congressmen — Roman, Roces, and Sarmiento - sponsored the bill to convert the free trade zone authority into government corporation. This would grant the power of a corporation combined with the coercive strength of the Philippine Government to move the project ahead, especially regarding the relocation of residents.
A Statement of Assets, Liabilities, and Net Worth (SALN) [1] [2] is an annual document that all de jure government workers in the Philippines, whether regular or temporary, must complete and submit attesting under oath to their total assets and liabilities, including businesses and financial interests, that make up their net worth. [3]
The Cagayan Special Economic Zone and Freeport, also known as Cagayan Freeport, is a special economic zone in Cagayan Province, northern Luzon, in the Philippines.It is envisioned to be a self-sustaining industrial, commercial, financial, tourism, and recreational center, in order to effectively encourage and attract legitimate and productive local and foreign investments and eventually create ...
The Philippine Overseas Employment Administration (POEA; Filipino: Pangasiwaan ng Pilipinas sa Empleo sa Ibayong-dagat [2]) was an agency of the government of the Philippines responsible for opening the benefits of the overseas employment program of the Philippines. It is the main government agency assigned to monitor and supervise overseas ...
The Department of Labor and Employment (DOLE) was founded on December 8, 1933, by virtue of Act No. 4121 of the Philippine Legislature. It was renamed as the Ministry of Labor and Employment in 1978. The agency was reverted to its original name after the People Power Revolution in 1986. [4]
To be able to provide quality labor to other countries and support to Filipinos, the Philippine government provides a number of subsidized benefits such as pre-migration training on social and work conditions abroad, life insurance and pension plans, medical insurance and tuition assistance for the migrant and his or her family, and eligibility ...
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