LATEST NEWS

Senator Richard J. Gordon has underscored the importance of active economic zones in helping the Philippine economy reclaim its growth to pre-pandemic levels.

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.

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.

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.

Investment pledges approved by the Philippine Economic Zone Authority (PEZA) in the first half of 2021 grew 8.52 percent.

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. 

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.

Spooked by VAT issue

On local purchases and indirect exports

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.

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.

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.

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.

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.

DubaiPort (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.

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. 

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. 

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).