THE Joint Foreign Chambers in the Philippines (JFC) on Monday welcomed the recent enactment of Republic Act (RA) 11904, or the "Philippine Creative Industries Development Act," which lapsed into law last July 28.

"RA 11904 is a much-awaited law that will spur the growth of a high-value sector already contributing over seven percent of the country's GDP (gross domestic product)," it said in a statement.

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