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Peza targets ₱202 billion-₱250 billion worth of investments in 2024

THE Philippine Economic Zone Authority (Peza) said it wants to achieve P202 billion to as much as P250 billion worth of investments in 2024. It described this goal as the level of investment approvals posted by the agency during the leadership of a former Peza chief who served four administrations,…

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Philippines seen as SEA's growth leader

GOOD news this Christmas season and the coming year for us Pinoys. The Asian Development Bank, in its latest outlook update, expects the Philippines to be the growth leader in Southeast Asia with a rate of 5.7percent. Overall, developing Asian economies are seen growing by 4.9 percent this year due…

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Peza eyes public ecozones in Mindanao and Palawan

THE Philippine Economic Zone Authority (Peza) said it is currently studying the setting up of public economic zones in Mindanao and Palawan as it aims to bring in big-ticket and high-value projects, particularly in the areas of car manufacturing and electric vehicles. “Yes in Palawan actually. Under study pa, this…

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Peza 11-month investment approvals up 147% to ₧141B

THE Philippine Economic Zone Authority (Peza) said it has approved P140.88 billion worth of investments from January to November 2023, a figure that’s 147 percent higher than the P57.049 billion recorded in the 11-month period in 2022. “We have sustained this growth momentum from January to November 2023, investment approvals…

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Exporter ease of doing business seen enhanced by suspension of LGU tolls

Exporter ease of doing business seen enhanced by suspension of LGU tolls
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