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...
The Philippine Economic Zone Authority (PEZA) today announced that it has signed a memorandum of agreement (MOA) with online payment gateway provider I-PAY MYEG PH (IPMPI) as the agency automates its systems and processes for easier locator transactions at its various economic zones in the country....
The Armed Forces of the Philippines (AFP) has assured the Philippine Economic Zone Authority (PEZA) its full support to its plans and programs particularly for establishing a defense industrial ecozone in military reserves. AFP Chief of Staff Lt Gen Cirilito Sobejana said this during PEZA’s...
New committed investments approved by the Philippine Economic Zone Authority (PEZA) in January this year soared 139 percent, but there are still over 300,000 workers displaced from the continued non-operation of more than 300 locators. PEZA Director General Charito B. Plaza said in her State...
The Philippine Economic Zone Authority (PEZA) and the Philippine National Police have signed the Implementing Rules and Regulations (IRR) of the Joint Industrial Peace and Concern Office (JIPCO) to ensure industrial peace in various economic zones in the country. Director General Charito...
The Philippine Economic Zone Authority (PEZA) is investigating the alleged smuggling of cigarettes into one of its economic zones in Cavite. PEZA Director General Charito “Ching” Plaza said in a statement that on January 18, 2021, the Manila International Container Port (MICP) apprehended 2x40...
Investment pledges approved by the Philippine Economic Zone Authority (PEZA) for the entire 2020 reached only P95.03 billion, 19.12 percent lower than the P117.5 billion in 2019 as Filipino investments declined, constrained by the pandemic and prolonged lockdowns. PEZA Director General...
