The question was raised during the hearing where House Resolution No. 653 by Deputy Speaker and Las Piñas Rep. Camille Villar was discussed.
During the meeting where attended by officials from the Department of Trade and Industry , National Commission for Culture and the Arts , FDCP, and other concerned agencies, De Venecia raised a concern about the competitiveness of the Philippines. De Venecia lamented that the lack of incentive competitiveness has led to the loss of potential projects.
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