INVESTMENTS PLEDGED to the Philippine Economic Zone Authority (PEZA) reached P68.609 billion from January to July, up by 57.54% from year-ago levels, data released yesterday showed.
The growth is slower than the 58.8% rise seen in the first half of the year.
The agency will have to lure roughly twice as much of this seven-month tally in the remaining months to hit its yearend target of P206.67 billion.
PEZA officials could not be immediately reached for comment, but Public Relations Head Elmer C. San Pascual had earlier said the target — a 15% increase from 2009 levels — will be maintained as pledges usually surge later in the year.
The 296 projects that make up the amount as of July are projected to make $4.404 billion in export sales once they are operational, the data showed. This is nearly triple the forecast export sales of investment projects registered in the same period last year.
More than 55,000 jobs will be generated from the investments, a fifth more than the jobs expected from projects registered in January-July last year.
PEZA, along with other investment promotion agencies, have the task of luring P345.40 billion worth of pledges this year and a total P2.405 trillion by 2014, as targeted under the Philippine Investment Promotions Plan. — JADH
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
October –
Monthly Observances:
Industry and Commerce Safety Month
National Statistics Month
Local Government Month
Consumer Welfare Month
Cooperative Month
National Quality and Productivity Improvement Month
National Health and Wellness Tourism Month
National Indigenous Peoples Month
Weekly Observances:
Week 1: Elderly Filipino Week
Week 2: National Health Education Week
Local Government Week
National Mental Health Week
October 17-23:
National Week for Overcoming Extreme Poverty
October 18 – 24:
United Nations Week
Last Week:
Nurses’ Week
Consumers’ Protection Week
Week of the 4th Sunday:
Barrio Farmers’ Week
Daily Observances:
First Monday (Oct 4): Universal Children’s Day i
n the Philippines
Oct 5: National Teachers’ Day
Oct 10: Local Government Day
Third Thursday (Oct 14): Conflict Resolution Day
Oct 21: Tenants’ Emancipation day
Oct 24: United Nations Day
Oct 29: National Indigenous People’s Thanksgiving Day
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