Group urges scrapping of tax holiday for mining companies
"These companies are enjoying the income tax holidays, because they know that it’s a part of the social marketing of the ?national ?g?overnment to attract more foreign investment.”
"These companies are enjoying the income tax holidays, because they know that it’s a part of the social marketing of the ?national ?g?overnment to attract more foreign investment.”
As the Department of Environment and Natural Resources ?is still ?busy evaluating the mining companies in the Philippines, pro-mining groups insisted that the Mindanao mining companies abide and do responsible mining and they are open for talks with DENR.
Jesuit priest Fr. Joel Tabora called the Philippine Mining Act of 1995 treasonous and said that it is time for the government to replace the mining policy.
Environmental Secretary Regina Lopez announced that the DENR has suspended on Thursday, August 4 the Claver Mineral Development Corporation in Claver, Surigao del Norte.
President Rodrigo Duterte is scheduled to attend the Mindanao Environmental Summit 2016 at the Ateneo de Davao University on Thursday afternoon, August 4.