ASEANEWS | Paper Edition Headlines: ECONOMICS: MANILA- Marcos Jr. vetoes bill creating SMC’s Bulacan Airport City economic zone, freeport
President Ferdinand “Bongbong” Marcos Jr takes his oath as the 17th president of the Philippines at The National Museum of Fine Arts on June 30, 2022.
MANILA, Philippines (Updated 5:12 p.m.) — On his first day in office, President Ferdinand Marcos Jr. vetoed a house bill which creates a special economic zone and freeport in conglomerate San Miguel Corp.’s (SMC) Bulacan Airport City, over the project’s fiscal risks.
The measure was earlier passed by both chambers of Congress on May 31.
READ MORE: https://aseanews.net/2022/07/03/headlines-economics-manila-marcos-jr-vetoes-bill-creating-smcs-bulacan-airport-city-economic-zone-freeport/
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Today’s paper: July 3, 2022