THIS headline earlier this week must certainly have caused many people a great deal of anxiety: “Citira to cut 700,000 PH jobs.”
The headline was in quotation marks in its original form, because it was not a statement of fact on our part, but rather the assertion of the Joint Foreign Chambers of the Philippines (JFC) as their latest counter to the Corporate Income Tax and Incentives Rationalization Act (Citira) being debated in the Senate.
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