The passage of the Creative Industries Development Act will help the Philippines become the top creative economy in Southeast Asia by 2030, the American Chamber of Commerce of the Philippines (AmCham Philippines) said.
In a statement on Monday, AmCham welcomed the progress being made in Congress towards enactment of the Creative Industries Development Act, which it said is a "much-awaited law that will spur growth of a sector already contributing over 7 percent of GDP (gross domestic product) in the country."
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