English, asked by aalianasir3291, 7 months ago

What is the contribution of estrada administration in justice

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Answered by shaikhome
3

Explanatio

In late 1999, Estrada waged an all-out war against the separatist Moro Islamic Liberation Front in Central Mindanao, which displaced half a million people. In March 2000, the bandit group Abu Sayyaf kidnapped to Basilan 21 hostages, including 10 foreign tourists, from the Sipadan Island resort in neighbouring Sabah, Malaysia. They were freed in batches after over $20 million ransom were reportedly paid by the Libyan government. Source

Philippine Clean Air Act of 1999 (Republic Act No. 8749) – designed to protect and preserve the environment and ensure the sustainable development of its natural resources.

Incentives for Regional Headquarters of Foreign Multinationals (Republic Act No. 8756) – The measure grants a host of incentives to multinational firms establishing their regional hubs in the country. It also provides a tax- and duty-free operating environment for them, and multiple entry visas to expatriates and their families, as well as a flat income tax rate of 15%.

Retail Trade Liberalization Act (Republic Act No. 8762) – The bill dismantles 40 years of state protectionism over the country's retail trade industry and opens the sector to big foreign players. With the retail trade liberalization, well-known foreign players like France's Carrefour and Casino Group as well as the U.S.' Wal-Mart and JC Penney are already in the process of negotiating with local partners.

New General Banking Act (Republic Act No. 8791) – The measure opens up the local banking industry to foreign players after almost 50 years of having it exclusively reserved and protected for Filipino nationals. With the industry's liberalization, at least 10 foreign banks have already established their presence in the Philippines.

Electronic Commerce Act of 2000 (Republic Act No. 8792) – Outlaws computer hacking and provides opportunities for new businesses emerging from the Internet-driven New Economy.

New Securities Act (Republic Act No. 8799) – This law liberalizes the securities market by shifting policy from merit regulation to full disclosure. With its strengthened provisions against fraud, the measure is expected to pave the way for the full development of the Philippine equities and securities market.please mark as brainliest did very hard work for this, please

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