[OPINION] BPO sector at risk

22 September, 2017 at 16:37

A series of events during the past months is nibbling at our once-unshakeable optimism for the country’s business process outsourcing industry.

Investment pledges climbed 89.4% in first 7...

30 August, 2017 at 18:00

The Philippine Economic Zone Authority (Peza) on Tuesday reported an increase of investment pledges by 89.4 percent in the first seven months of the year, driven by aggressive ecozone development.

Revenue loss due to tax perks down...

28 July, 2017 at 13:00

Activities related to the country’s top dollar earners—business process outsourcing and electronics—cornered the bulk of tax incentives given away by the government in 2015 totaling P104.4 billion, latest Department of Finance data showed.

Foreign Investment pledges imperilled

4 July, 2017 at 10:20

Foreign investment pledges secured by the country are on the verge of being pulled out as delays on the proclamation of new economic zones have resulted in applications piling up in the Office of the President (OP).

5-mo BPO investments down 35%

30 June, 2017 at 14:56

Amid fears of political uncertainty under the Duterte administration, new IT-BPM investments registered under the Philippine Economic Zone Authority (Peza) have fallen by more than a third in the first five months of the year, showing “alarming” signs…

Investment priorities seek to make growth inclusive

19 January, 2017 at 10:59

Incentives will be granted to new ventures that will help spread the benefits of the country’s fast economic growth to the countryside, according to the current administration’s draft first Investment Priorities Plan (IPP) shown to reporters yesterday.

Ecozone investments drop 26% in 2016

10 January, 2017 at 14:13

Investment pledges approved by the Philippine Economic Zone Authority (PEZA) dropped by over a quarter last year on uncertainties brought about by the elections and controversial pronouncements of President Duterte and US president-elect Donald Trump.

Foreign investment pledges plunge 45%

22 December, 2016 at 12:00

Foreign investment pledges approved by the country’s seven investment promotion agencies (IPAs) fell 45 percent in the third quarter this year, the Philippine Statistics Authority (PSA) reported yesterday.

Mindanao hubs get subsidized power rate

5 December, 2016 at 12:00

The Department of Energy is expected to provide a subsidized electricity rate of P2.75 per kilowatt-hour to the locators in existing and future economic zones in Mindanao to encourage investors to set up shop on the country’s second biggest island.

Economic zone authority eyes ‘special wage package’

23 November, 2016 at 16:42

The Philippine Economic Zone Authority (PEZA) hopes to offer cheaper wages to investors in areas under its jurisdiction, offsetting lower pay with housing and education benefits…

PHL defense indl zones eye global arms...

22 November, 2016 at 14:09

The Duterte administration will jump-start its program to modernize the Philippine Armed Forces by developing defense industrial complexes through the Philippine Economic Zone Authority (Peza).

DTI eyes separate incentives scheme for locators...

18 October, 2016 at 12:00

The Department of Trade and Industry (DTI) said it is still open to the idea of setting up ecozones for domestic-oriented companies, but it could insist on providing a different incentives package for locators in these ecozones.

Business Sector Calls for a Policy Framework...

13 October, 2016 at 16:57

A joint group of business leaders and economists today called on government to carefully review the proposal of the Department of Agrarian Reform to prohibit the conversion of agricultural lands to non-agricultural purposes…

Moratorium on land conversion to derail economy...

7 October, 2016 at 13:35

Various local and foreign business groups yesterday bonded together to reject the proposed two-year moratorium on land conversion into non-agricultural purposes…

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