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PEZA expecting to approve P2B in new investments

THE Philippine Economic Zone Authority (PEZA) is estimating approvals of P2 billion worth of investments at its board meeting on Friday, after its June meeting was postponed following health care risks at its offices.

PEZA seeking P100 billion in stimulus money

THE Philippine Economic Zone Authority (PEZA) is asking for P100 billion from the government’s proposed economic recovery program to help develop more public economic zones.

New ecozones to generate P6.4B in investment

A DOZEN new economic zones approved this year are expected to attract P6.4 billion worth of investment, including seven new zones proclaimed in the last month.

PEZA hoping to find jobs for displaced OFWs

THE Philippine Economic Zone Authority (PEZA) said it hopes to provide jobs for repatriated Filipino workers at ecozones in the countryside while tapping more domestic suppliers to minimize disruptions in the supply chain for imported materials.

PEZA calls for status quo on incentives in CREATE bill

THE Philippine Economic Zone Authority (PEZA) said it wants to retain the “status quo” on incentives for export-oriented companies, posing another potential delay to the bill reducing corporate income tax and rationalizing incentives.

PEZA approves P13.1B in new investments amid lockdown

THE Philippine Economic Zone Authority (PEZA) said it approved P13.1 billion worth of committed investments for the months of April and May, which are expected to generate nearly 20,000 new jobs.

PEZA firms donate P110 million as response to pandemic

COMPANIES at ecozones registered with the Philippine Economic Zone Authority (PEZA) have donated over P110 million worth of food, medical, personal protective equipment (PPE), and monetary donations to medical institutions and frontliners addressing the coronavirus disease 2019 (COVID-19) pandemic.

PEZA allows deferred rent, utilities for public ecozones

THE Philippine Economic Zone Authority (PEZA) said it is deferring the collection of rent, utilities, and processing fees in its public economic zones to cushion the impact of the enhanced community quarantine (ECQ) on locators.

PEZA firms can choose to shut down due to COVID-19 disruptions

THE PHILIPPINE Economic Zone Authority (PEZA) said its registered companies can choose to stop operations amid the enhanced community quarantine in Luzon.

PEZA considering ITH extensions for disaster-affected locators

THE Philippine Economic Zone Authority (PEZA) may push back the expiration date for income tax holiday (ITH) incentives enjoyed by locators in areas affected by the Taal Volcano eruption.

Burnt manufacturing plant not an ecozone firm, PEZA clarifies

THE PHILIPPINE Economic Zone Authority (PEZA) clarified on Friday that the manufacturing plant that burned down early December is not a PEZA-registered firm nor is it located within the Cavite Economic Zone (CEZ).

Here’s the lowdown on the Innovative Startup Act

Republic Act No. 1137, previously signed by President Duterte on April 26, has finally been released to the media, aiming to “strengthen, promote, and...

50,000 prospective BPO jobs gone with moratorium on new ecozones —...

THE business process outsourcing (BPO) industry is seeing 50,000 job opportunities going up in smoke thanks to the government’s moratorium on opening new ecozones in Metro Manila.

Delay in PEZA approvals hampers BPO sector expansion

EXPANSION of the business process outsourcing (BPO) sector next year may be hampered by the continued delay of the Philippine Economic Zone Authority (PEZA) in approving applications, according to Colliers International Philippines.

Japanese firm defers P40-B expansion project — PEZA

THE Philippine Economic Zone Authority (PEZA) said one of its Japan-based locators recently deferred an expansion project worth about P40 billion due to the uncertainties over the Tax Reform for Attracting Better and High-quality Opportunities (TRABAHO) bill.

PEZA, DoF question expanded powers for Bataan freeport

THE Philippine Economic Zone Authority (PEZA) and the Department of Finance (DoF) on Monday expressed reservations about Senate and House bills seeking to expand the powers and function of the Authority of the Freeport Area of Bataan (AFAB).

Green energy, tourism, and agro-industry ideal for Iloilo ecozones — PEZA...

ILOILO CITY — Green energy, tourism, and agro-industry have been put forward as the ideal sectors for special economic zones in Iloilo considering available...

PEZA cheers revived underwater park plan

By Janina C. Lim THE PHILIPPINE Economic Zone Authority (PEZA) has welcomed the revived plan to construct an underwater theme park in Palawan, a project...

Approved investment pledges surge by 53% in first quarter

Approved investment pledges in the first quarter of 2018 surged by more than half from a year ago, according to the Department of Trade...

PEZA fails to meet investment growth goal

THE Philippine Economic Zone Authority (PEZA) failed to meet its investment target for 2017 due to expansion delays. The PEZA reported on Friday that it...

Senate retains VAT privileges of PEZA locators, mass housing

THE Senate has voted down a proposed tax reform amendment by Sen. Panfilo M. Lacson seeking to limit zero-Value Added Tax (VAT) entitlements to...

PCCI, gov’t to help expedite ecozone application process

THE Philippine Chamber of Commerce and Industry (PCCI), the Philippine Economic Zone Authority (PEZA), Department of Trade and Industry (DTI) and the Office of...

PEZA says LuLu eyes warehouse in Pampanga

MIDDLE EASTERN retail giant LuLu Group is looking to establish a logistics warehouse inside the Pampanga economic zone, according to a top Philippine Economic...

PEZA’s Plaza claims P313.42-B in investments during term

THE Philippine Economic Zone Authority (PEZA) said its Director-General, Charito B. Plaza, has accounted for P313.42 billion worth of investment since taking office on...

Delays in PEZA approvals weigh on office market

By Krista A.M. Montealegre, National Correspondent DELAYS in the approval of incentives to business process outsourcing (BPO) firms and the limited number of cities that allow...

PEZA opens business center in Davao, eyes office space in other...

THE PHILIPPINE Economic Zone Authority (PEZA) opened its Davao Business and Investment Center last week to serve existing and potential investors in Region 11,...

Approved PEZA investment pledges nearly double

THE Philippine Economic Zone Authority (PEZA), which contributes about a third of the country’s total committed investments, registered what it called an “unprecedented performance”...