CEBU CITY— Former Finance Secretary Roberto De Ocampo favors the Tax Reform for Attracting Better and Higher-quality Opportunities (TRABAHO) bill, the second package under the administration’s comprehensive tax reform program (CTRP). “The thrust of the administration in…
Concentrix Philippines was recognized as 2019 Most Outstanding Employer for Large Enterprise in an awarding ceremony hosted by the Philippine Economic Zone Authority (PEZA) on May 29, 2019 in celebration of its 24th anniversary. Defense Secretary Delfin…
April 3, 2019 (Cebu, PHILIPPINES)—On March 20, property developer AppleOne Properties, Inc. (API) broke ground in the Mactan Export Zone (MEZ) 1, Lapu-Lapu City, Cebu to signal the construction of the Philippines’ first integrated complex in an export processing…
THE Philippine Economic Zone Authority (Peza) has given up on asking the Department of Finance (DOF) to spare the agency from the next tax reform plan, opting instead to go directly to President Rodrigo Duterte. Peza Director…
CEBU businessmen are encouraging the government to focus on the country’s competitiveness as Congress continues to deliberate on the second package of the Tax Reform for Acceleration and Inclusion (TRAIN) law. Antonio Chiu, Cebu Chamber of Commerce…
There should be more Philippine Economic Zone Authority (PEZA) zones in the provinces to attract more investors especially in the business process outsourcing (BPO) industry in areas like in Cebu. David Leechiu, chief executive officer of the…
The Philippine Economic Zone Authority (Peza) wants to tap Russian investments following its first time to participate in the Eastern Economic Forum in Russia last week. The move that would help “further diversify” the mix of foreign…
SPURRED by a continued increase in guest arrivals, Cebu’s premiere resort Jpark Island Resort & Waterpark broke ground for an additional building last July 4. The ceremony was led by Jpark’s Chairman & President Mr. Justin Uy…
PLAN FOR 17 NEW ECOZONES As the Capitol plans to establish new economic zones in 17 potential sites in the countryside, a local business leader is calling for the acceleration of government infrastructure programs in the province…
Presidential Assistant for the Visayas Michael Dino has laid out an extraordinary offer to Cebu City Mayor Tomas Osmeña — show me the money and I will shut up and leave. Amid the growing turmoil between the President’s…
Peza chief cites possibility of reviving 10-year proposal amid Cebu’s strong economic performance Is it time to revive plans to turn the Cebu province into one big ecozone? Brig. Gen. Charito Plaza, director general of the Philippine…
THE SM-Ayala consortium may soon start developing the 26-hectare lot in the South Road Properties (SRP) which they bought from the Cebu City government. This after the Cebu City Council passed a resolution expressing its consent to…
