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MANILA - Philippine Economic Zone Authority (PEZA) Director-General Charito Plaza has assured investors that their investments in the country remain safe despite the change in administration next year following the national elections. In its meeting with Malaysian investors Thursday, Plaza said she is hopeful that the next leader will be supportive of PEZA. "Let's not worry about politics. Pray that the best leader comes out in this forthcoming election," she said. Plaza recalled that despite changes in the incentives regime as the Corporate Recovery and Tax Incentives for Enterprises (CREATE) law was passed during the Duterte administration, the agency and various sectors were able to provide their inputs for the improvement of the law. Meanwhile, PEZA deputy director general Tereso Panga said the agency will be simplifying the issuance of a PEZA visa among foreign locators. "This will now remove the Department of Justice (DOJ) from the process," Panga said. Cu

Charito plazaDepartment of justiceTax incentives for enterprisesRed tape authorityPhilippine economic zone authorityEconomic zone authorityDirector general charito plazaCorporate recoveryTax incentivesTereso pangaAnti red tape authorityManila philippine economic zone authority peza director general charito plaza has assured investors that their investments in the country remain safe despite change administration next year following national elections its meeting with malaysian thursdayLaza said she is hopeful that the next leader will be supportive of peza quot let 39s not worry about politics pray best comes out in this forthcoming electionUot she said plaza recalled that despite changes in the incentives regime as corporate recovery and tax for enterprises create law was passed during duterte administrationHe agency and various sectors were able to provide their inputs for the improvement of law meanwhileEza deputy director general tereso panga said the agency will be simplifying issuance ofa peza visa among foreign locators quot this now remove department of justice doj from process