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
September 18 –
International Equal Pay Day
“Increase wages now,
more than other cost items.
For widespread, practical equality!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
September –
5 Sept – Intl Day of Charity
7 Sept – Intl Day of Clean Air for Blue Skies
8 Sept – International Literacy Day
12 Sept – United Nations Day for South-South Cooperation
15 Sept – International Day of Democracy
16 Sept – International Day for the Preservation of the Ozone Layer
17 Sept – World Patient Safety Day
18 Sept – International Equal Pay Day
21 Sept – International Day of Peace
26 Sept – International Day for the Total Elimination of Nuclear Weapons
27 Sept – World Tourism Day
28 Sept – International Day for Universal Access to Information
29 Sept – International Day of Awareness of Food Loss and Waste
30 Sept – World Maritime Day
Monthly Observances:
Health, Safety and Sanitation Month
National Clean-up Month
Civil Service Month
National Peace Consciousness Month
Social Security Month
Rule of Law Month
National Teachers’ Month (Sept 5-Oct 4)
Weekly Observances:
Sept 17 – 23:
World Clean and Green Week
Week 2: Education Week
Week 4: Medicine Week
Last Week: National Family Week
Daily Observances:
Third Saturday:
International Coastal Clean-up Day
Third Monday: World Health Day
Last Friday: National Maritime Day
Sept 8: National Literacy Day
Sept 15: Philippine Medicine Day
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