Manila, Feb. 20 -- Signing of the implementing rules and regulations (IRR) of the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (CREATE MORE) Act is expected to provide a more stable, cost-efficient, and investor-friendly environment for the information technology and business process management (ITBPM) sector.

In a statement Thursday, the IT and Business Process Association of the Philippines (IBPAP) said the reform addresses key industry concerns by providing a long-term legal framework for work-from-home and hybrid work arrangements for registered business enterprises located in economic zones and freeports.

Special Assistant to the President for Investments and Economi...