By Rey Arquiza
The Philippine Star
The government has granted incentives to the shipping industry to promote its development, ensure its continued viability and to encourage investments in domestic shipping.
The incentives are spelled out in Republic Act 9295, entitled "An Act Promoting the Development of Philippine Domestic Shipping, Shipbuilding, Ship Repair, Ordaining Reforms in Government Policies Towards Shipping in the Philippines and for Other Purposes"
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