Published July 31, 2021, 8:30 AM
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.
AFP Chief of Staff LTGen. Cirilito Sobejana and PEZA Director General Charito B. Plaza signed the MOA Thursday, July 29.
The AFP, through its Real Estate Office under BGen. Augusto Gaite, has identified several underutilized lands by the Philippine Army, Philippine Air Force and Philippine Navy across the country for potential development into different types of ecozones such as military arsenal, export-processing, aircraft MRO and ship repair facility, agro-industrial, eco-tourism, infomation technology park, and/or green ecozone townships.
DOF moves to review VAT on local inputs of exporters mb.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mb.com.ph Daily Mail and Mail on Sunday newspapers.
Published June 30, 2021, 7:00 AM
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.
PEZA Director General Charito B. Plaza made this appeal to DOF Secretary Carlos G. Dominguez III following the issuance by the Bureau of Internal Revenue of Regulation (RR) No. 9-2021, imposing a 12 percent VAT from zero-VAT rating on ecozone locators’ local purchases.
PEZA Director General Charito B. Plaza
RR 0-2021 was issued June 9 only this year and was supposed to take effect on the 27th this month.
PEZA targets 7% investment growth in 2021 mb.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mb.com.ph Daily Mail and Mail on Sunday newspapers.
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.
PEZA Director General Charito B. Plaza noted at the virtual Israel Chamber of Commerce of the Philippines (ICCP) 23rd Ge