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Government

DTI: ECOZONES SECURE P66B IN INVESTMENTS FOR PH

The Department of Trade and Industry (DTI), under the Marcos administration, has successfully steered the country’s ecozone development, securing over P66 billion in new and expansion investments by May. This significant achievement, realized through the Philippine Economic Zone Authority (PEZA), underscores the Philippines’ continued rise as a competitive and future-ready investment destination in Asia. “The […]

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Politics

CAMARINES SUR FREE TRADE ZONE EYED TO CREATE JOBS

The congressional approval of a measure creating the CamSur Free Trade Zone will energize the Bicol region and help President Marcos meet his vital goal of creating a Philippine environment much more conducive to generating investments and creating quality jobs, CamSur Rep. and National Unity Party (NUP) president LRay Villafuerte has told the House ways […]

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Government

INVESTORS ARE KEY ECONOMIC PLAYERS IN PH – PASCUAL

As Board Chairman of the Philippine Economic Zone Authority (PEZA), Trade Secretary Fred Pascual praised PEZA’s top-performing economic zone developer and locator companies during the Investors’ Recognition Day recently. In its 27th year, PEZA serves as a primary government agency that handles investment promotion in the export industry and ecozone developments in the country. The Authority […]

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Politics

PEZA TO HELP REVIVE PH PRE-PANDEMIC GROWTH LEVEL

Senator Dick Gordon underscored the importance of active economic zones in helping the Philippine economy reclaim its growth to pre-pandemic levels. Gordon, the chairman of the Senate Committee on Government Corporations and Public Enterprises, told officials of the Philippine Economic Zone Authority (PEZA) that incentives for investors would do wonders for the country’s foreign direct […]

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Politics

RETAIN OLD TAX INCENTIVE UNDER TRABAHO BILL – GATCHALIAN

Senator Win Gatchalian said he is open to retaining the 5 percent gross income earned (GIE) tax incentive under the Tax Reform for Attracting Better and High-Quality Opportunities (TRABAHO) Bill, the second package of the tax reform program. On the sidelines of the Arangkada Philippines Forum 2018 in Pasay City, Gatchalian said Senate is considering […]