The Philippine Economic Zone Authority (PEZA) has further streamlined processes and requirements for the Presidential Proclamation of approved economic zone development projects. Tereso O. Panga PEZA Director General Tereso O. Panga said that the PEZA Board was approved on June 23, 2023 Resolution...
The Philippine Economic Zone Authority (PEZA) is further streamlining its requirements to speed up the presidential proclamation process for ecozone developments as 27 big ticket projects worth more than P40 billion are getting ready to offer locations to investors. PEZA Director General Tereso O....
The Philippine Economic Zone Authority (PEZA) Board has greenlighted 20 new and expansion projects in May worth P14.933 billion, keeping it on track with its conservative 10 percent growth target for the year. PEZA Director General Tereso O. Panga reported that the investment pledges in May brought...
Committed investments registered with the Philippine Economic Zone Authority (PEZA) in April this year reached P20.566 billion, jumping by 162.37 percent from P7.834 billion in April 2022, and bringing total investments in the first four months to P33.094 billion, or 107.15 percent higher versus...
The Philippine Healthcare Information Management Services (HIMS) sector reported that it generated $85.9 million in closed deals and future contracts at the recent roadshows in the US, according to the Department of Trade and Industry (DTI). The domestic HIMS sector reported the results of their...
The Philippine Economic Zone Authority (PEZA) said a total of 93 British firms have registered with the agency with combined investments of P185.947 billion to date, providing jobs to 88,108 to Filipinos. PEZA Director General Tereso O. Panga also said that the British investments figure spanned...
Exporters and the Philippine Economic Zone Authority (PEZA) said the revised rules on value added tax (VAT) zero rating on the local purchases of goods and services of exporters are expected to boost investor confidence in the country. PEZA Director General Tereso O. Panga said following the release...
The President signed Proclamation No. 200 on April 14 promulgating a new IT park ecozone at Lacson Street in Banago, Bacolod City to be known as Robinsons Cyberpark Bacolod, with investment of P777.350 million. The President likewise approved Proclamation No. 402 last 19 April, designating several...
The healthcare information and management services (HIMS), the fastest growing segment in the IT-business process management (IT-BPM) industry, is eyeing a bigger pie in the $406 billion US healthcare services market to boost its growth. Philippine Economic Zone Authority (PEZA).Director General...
Tereso O. Panga, the newly appointed Director General of the Philippine Economic Zone Authority (PEZA), has outlined six priorities he committed the agency will pursue to promote more export-oriented investments in the economic zones. In his first State of the PEZA Address (SOPA) to its employees at...
The IT-Business Process Association of the Philippines (IBPAP), the umbrella group of IT and business process management firms operating in the country, has raised alarm bells on what it calls “severe talent crisis” in the country. IBPAP President Jack O. Madrid raised the “talent crisis”...
The Fiscal Incentives Review Board (FIRB) has extended until Jan. 31, 2023 the deadline for the transfer of registration of Information Technology and Business Process Management (IT-BPM) firms from the Philippine Economic Zone Authority (PEZA) to the Board of Investments (BOI). FIRB announced...
