00:00Mayapura Central Zone. This is the PTV. Breaking news.
00:12President Ferdinand R. Marcos, Jr. has declared that the Special Economic Zone of Tari Estate in Barangay Lourdes in Ciudad, Tarlac will become the special economic zone.
00:25According to Proclamation No. 701, more than 60,000 of the estates will be open to the public.
00:34And the commercialization of the estates in the province will increase.
00:37According to Republic Act 7916 of the Special Economic Zone of 1995,
00:45for the companies or businesses operating in the Special Economic Zone,
00:50they will receive tax and financial incentives.
00:54In addition to this, there will be a reduction in manufacturing costs,
00:58and there will be a reduction in the cost of housing, and there will be an increase in the management of the estates.
01:05Several important agreements have been signed between the Philippines and South Korea.
01:14The Philippine Coast Guard has signed a maritime cooperation agreement with the Philippines.
01:22The Philippines and South Korea have signed the Economic Innovation Partnership Program,
01:28Strategic Cooperation on Critical Raw Material Supply Chain,
01:33and the Feasibility Study of the Bataan Nuclear Power Plant.
01:38The Philippines and South Korea have signed a loan agreement with Samar Coastal Road 2,
01:44which is still a left-wing infrastructure project,
01:47so it will be used for tourism.
01:52The Anti-Red Tape Authority, or ARTA, and the National Bureau of Investigation
02:00have filed a complaint against the LTO chief, Bustos Bulacan, for applying for a driver's license.
02:11The LTO chief, Bustos Bulacan, has been arrested for an entrapment operation.
02:17His name is Carlito Dialla Calingo.
02:20His father is Michael Santos Mendoza.
02:24The Public Assistance Division of ARTA
02:27has received P7,000 for the renewal of the applicant's license.
02:37The Anti-Graft and Corrupt Practices Act, or the Ease of Doing Business Law,
02:43prohibits illegal transactions.
02:48In addition, the Memorandum of Agreement signed by ARTA and the National Bureau of Investigation
02:55prohibits the use of Ease of Doing Business Law
02:59and the use of Anti-Red Tape Law by the government.
03:04This is the latest news.
03:07For more updates, follow us on our social media platforms.
03:14This is Kekong Talasuyo, Arlo Quermotas, for Pambangsang TV, in Bayong, Philippines.
