The Philippine Economic Zone Authority (PEZA) is eyeing the possible influx of investors from the Kingdom of Saudi Arabia (KSA) once the Philippines subdues the coronavirus disease (COVID-19) pandemic. (Photo from PEZA) “At present, there are only meager Saudi Arabian enterprises registered or...
Dubai Port (DP World) is the latest investor from the Middle East to have joined the growing number of firms from the region that have been attracted to the Philippines . Philippine Economic Zone Authority (PEZA) Director General Charito B. Plaza announced the Dubai Port investment at the recent...
The Philippine Economic Zone Authority (PEZA) has tapped American firms, the agency’s third last largest foreign investor by nationality, in the promotion of investment opportunities in the country’s various economic zones. PEZA Director-General Charito B. Plaza advanced her push for...
The Philippine Economic Zone Authority (PEZA) has launched its "Balikatan Sagip Negosyo Program" in efforts to bring registered business enterprises on the pathway to recovery amid the coronavirus disease (COVID-19) pandemic. PEZA Director General Charito Plaza (Photo from PEZA) PEZA Director...
Economic zone locators and support providers have raised concerns on the continuity of their incentives as government agencies start to craft the implementing rules and regulations (IRR) of the Corporate Recovery and Tax Incentives for Enterprises (CREATE ) Law. An insider from one of...
The Philippine Economic Zone Authority (PEZA) is pushing for the inclusion of economic frontline workers among the A4 priority group in the government's mass vaccination program against the coronavirus disease (COVID-19). (Mark Balmores/ File Photo/ MANILA BULLETIN) “PEZA-registered companies,...
Despite the continuing movement restrictions, economic zones still operate at higher capacity and continued to employ over a million workers across the country. Philippine Economic Zone Authority (PEZA) Director General Charito B. Plaza said that during the modified enhanced community...
The Department of Trade and Industry (DTI) has strongly batted for the lifting of locational investment restrictions, including business process outsourcing (BPO) operations in Metro Manila, to create more jobs, especially in the country’s capital. Trade and Industry Secretary Ramon M. Lopez said...
Existing registered business enterprises (RBEs) in the Philippine Economic Zone Authority (PEZA) or other investment promotion agencies (IPAs) might find the new CREATE Law as ‘bad faith’ on the part of the government. This was raised by PEZA Deputy Director General Tereso Panga following the...
The Philippine Economic Zone Authority (PEZA) Board has approved P13.19 billion worth of new investment commitments, which are expected to generate 2,447 employment once fully operational. PEZA Director General Charito Plaza said the investment pledges represent the combined cost of 33...
Philippine Economic Zone Authority (PEZA) Director General Charito Plaza said the planned defense economic zone complex would be implemented under the term of the newly appointed Commanding General of the Philippine Army (CGPA) Lt. Gen Jose C. Faustino Jr. Plaza said following the visit of...
The Philippine Economic Zone Authority (PEZA) is currently investigating two PEZA-registered enterprises engaged in manufacturing cigarettes for 100 percent export, which were allegedly found to be deficient in compliance with Bureau of Internal Revenue (BIR) requirements for...
