The Philippine Economic Zone Authority (PEZA) has partnered with the Civil Aviation Authority of the Philippines (CAAP) for the establishment of aerotropolis ecozones and aerotropolis-linked ecozones in the country. PEZA Director General Charito Plaza and CAAP Director General Capt. Jim Sydiongco...
The Philippine Economic Zona Authority (PEZA) will temporarily shift its transactions to online while conducting mass swab testing for all its personnel and disinfection of its offices amid the rising number of COVID-19 infections in Metro Manila. (Jansen Romero / File photo / MANILA BULLETIN) In...
The Philippine Economic Zone Authority (PEZA) has conducted relief operations to regions affected by Typhoon “Odette” as part of its “bayanihan” efforts this holiday season. Photo from PEZA “Christmas doesn’t just happen in one day. Every day is an opportunity for us to help our...
Power utility giant Manila Electric Company (Meralco) has cemented a partnership with the Philippine Economic Zone Authority (PEZA) so they can work together on fast-tracking the electricity service connections of business locators in economic zones. According to Meralco, the tie-up is crucial in...
South Korean firms have invested P53.982 billion, generated $1.095 billion and provided 42,675 jobs to Filipinos in various economic zones in the country to date, according to the Philippine Economic Zone Authority (PEZA). PEZA Director General Charito “Ching” Plaza revealed this as she...
MTD Philippines, a fully owned subsidiary of Malaysia’s top engineering conglomerate MTD Capital, has announced it is investing P12 billion over the next six years in the country. Patrick Nicholas David, president and CEO of MTD Philippines Inc. and chairman of Bandar Hebat Builders Inc. (BHBI),...
To further enhance the ease of doing business especially during this time of pandemic, the Philippine Economic Zone Authority(PEZA) has launched its online payment service for its clients. PEZA Director General Charito B. Plaza signed a memorandum of agreement with MyEG Philippines Inc. CEO Ann...
Investment pledges approved by the Philippine Economic Zone Authority (PEZA) in the first half of 2021 grew 8.52 percent. PEZA Director General Charito “Ching” B. Plaza reported that total economic zone investments approved for the period of January to June 30, 2021 amounted...
Food security advocacy group Tugon Kabuhayan is pushing for the establishment of more export economic zones dedicated to fisheries and aquaculture, a move that will help boost the country’s production of processed and value-added aquaculture products for both domestic and export market. In a...
The Philippine Economic Zone Authority (PEZA) and the Armed Forces of the Philippines (AFP) have signed a memorandum of agreement (MOA) to explore the utilization of a portion of military reservation areas as economic zones. AFP Chief of Staff LTGen. Cirilito Sobejana and PEZA Director...
The Department of Finance (DOF) is reviewing the Bureau of Internal Revenue’s (BIR) regulation, technically deferring the imposition of the value-added tax (VAT) on exporters’ purchases from local suppliers and indirect/constructive export transactions. Finance Secretary Carlos G. Dominguez III...
Spooked by VAT issue At least P33-billion worth of potential investments from expanding major electronics manufacturers in the country, and a steel producer project are at risk of getting shifted to other countries following unmet expectations from the CREATE Law, particularly the imposition...
