On local purchases and indirect exports The government is bent on imposing a 12 percent VAT on local purchases of economic zone locators and their indirect constructive exports, and implement a refund system, emboldening locators’ objection and plans to seek court redress stating this additional...
The Philippine Economic Zone Economic Zone Authority (PEZA) has appealed to the Department of Finance (DOF) for a status quo on the zero value added tax rating on local purchases of economic zone locators. PEZA Director General Charito B. Plaza made this appeal to DOF Secretary Carlos G. Dominguez...
The Philippine Economic Zone Authority (PEZA) aims for a 7 percent growth in investments this year over last year, confident that the passage of the CREATE bill will encourage more companies to expand and locate in the various economic zones. PEZA Deputy Director General Tereso Panga said at the...
The Philippine Economic Zone Authority (PEZA) has teamed up with Benguet State University (BSU) and St. Louise University (SLU) as part of efforts to generate jobs for Filipinos, as well as match the labor needs of various export industries. PEZA Director General Charito Plaza with BSU President...
The Philippine Economic Zone Authority (PEZA) has made a strong pitch for Israeli companies to expand in the Philippines and help boost the country’s global value supply chain. PEZA Director General Charito B. Plaza noted at the virtual Israel Chamber of Commerce of the Philippines (ICCP) 23rd...
The Philippine Economic Zone Authority (PEZA) is forging partnerships with local and foreign banks to provide credit facilities for investors in the country’s economic zones. PEZA Director General Charito B. Plaza said at the virtual Business and Investment Climate webinar by the Semiconductor...
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,...
