FIRMS have pledged roughly two-thirds more investments to the Philippine Economic Zone Authority (PEZA) as of end-May versus year-ago levels, data released yesterday showed.
Planned investments in economic zones amounted to P46.349 billion in the first five months, up 67.8% from the same period last year but slower than the 111% increase recorded as of April.
The five-month investment figure is expected to produce $2.106 billion worth of exports, up 84.15% from yearago levels. It is also expected to generate 30,113 jobs or 11.71% more than January to May last year.
By yearend, the PEZA is hoping both employment and export levels will grow by at least 10% from 2009. Investment pledges are also targeted to grow by 15% to P201.670 billion.
The five-month figure so far accounts for roughly a fifth of the total target. — J. A. D. Hermosa
May –
Anti-Graft and Corruption Awareness Month
“Corruption drains the nation
and victimizes workers who build the nation.
Accountability now!”
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
May 1 – Labor Day
May 2 – World Freedom Day
May 12 – World Communication Day
May 15 – International Day of Families
May 16 – International Day of Living
Together in Peace
May 21 – World Day for Cultural Diversity
for Dialogue and Development
Monthly Observances:
The Month of the Ocean
Anti-Graft and Corruption Awareness Month
Volunteerism Month
Weekly Observances:
Week 2: Safe Motherhood Week
Daily Observances:
May 1: Labor Day
May 7: Health Worker’s Day
May 31: National Fisherfolks Day
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