THE upcoming national elections may put potential investors on a “wait-and-see” stance, Trade Secretary Peter Favila warned. “[The influx of investments] this year will depend on the outcome of the elections—who is the next president and the credibility of the polls,” he told reporters Friday night.
While investors may temporarily hold back and await the poll results, they would likely conduct preliminary work, and may finally decide on infusing investment pledges soon after the elections, the trade chief said.
He refused to give out the department’s inward investment target for 2010, even as agency has yet to release last year’s total commitments registered with the Board of Investments (BOI) and the Philippine Economic Zone Authority (PEZA).
PEZA had reported that investment pledges in ecozones last year amounted to P175.365 billion, up 13.3 percent year-on-year.
PEZA had also said it targets a 15-percent growth in investments this year.
Meanwhile, the BOI had said it would slightly miss its 2009 investments target of P288.35 billion, which is the same amount garnered in 2008.
The combined investment pledges with the two incentives-giving reached P443.23 billion in 2008. –BEN ARNOLD O. DE VERA, Manila Times
Nov 16 – International Day for Tolerance
“No more toleration of corruption!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.
Accept National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
November
Nov 2 – Intl Day to End Impunity for
Crimes Against Journalists
Nov 9 – World Science Day for Peace
and Development
Nov 16 – International Day for Tolerance
Nov 19 – World Toilet Day
Nov 20 – World Children’s Day
Nov 25 – Intl Day for the Elimination of
Violence Against Women
Monthly Observances:
Homes Safety Month
Filipino Values Month
National Rice Awareness Month
National Consciousness Month
for Punctuality and Civility
Environmental Awareness Month
National Children’s Month
Organic Agriculture Month
Weekly Observances:
Nov 19-25: Global Warming and
Climate Change Consciousness Week
Nov 23-29: National Girls’ Week
Population and Development Week
Nov 25 – Dec 12: Social Welfare Week
18-Day Campaign to End
Violence against Women
Week 2: Week 3: Drug Abuse Prevention
and Control Week
Last Week: Safety and Accident
Prevention Week
Daily Observances:
Last Saturday: Career Executive Service
Day
Nov 19: National Child Health Day
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