Ecozones

BY TYRONE JASPER C. PIAD, Manila Times, 27 Sep 2021 THE proposed Alliance for Industrial Peace and Program (AIPP) retains the Department of Labor and Employment’s (DOLE) jurisdiction over labor dispute settlement, the Philippine Economic Zone Authority (PEZA) clarified.

BY SAMUEL P. MEDENILLA, 20 Sep 2021 THE removal of the jurisdiction of the Department of Labor and Employment (DOLE) in handling labor-related cases in economic zones is considered illegal.

by Louella Desiderio (The Philippine Star), 8 Aug 2021 MANILA, Philippines — The Philippine Economic Zone Authority is pushing for the development of more ecozones in CALABARZON (Cavite-Laguna-Batangas-Rizal-Quezon) for priority industries including automotive, electronics, as well as information technology – business process management (IT-BPM).

by Elijah Felice Rosales (The Philippine Star), 26 Jun 2021 MANILA, Philippines — The Bureau of Internal Revenue (BIR) will no longer accept applications for VAT exemption from exporters for the purchase of goods and services as part of the lifting of fiscal incentives under the new tax law.

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By Mar Jay delas Alas, 9 Jun 2020 MARIVELES, Bataan, June 9 (PIA) — Some 22,000 workers at the Freeport Area of Bataan (FAB) are now back to work after locators resumed operations since the start of the General Community Quarantine (GCQ).

By Henry Empeño, Businessmirror, 5 Jun 2020 Subic Bay Freeport—Practically half of all the registered Subic Bay Freeport business locators are now operating under various manpower load and production level, after the Subic Bay Metropolitan Authority (SBMA) placed the economic zone under a less restrictive general community quarantine (GCQ) on Monday.

Read more here.

by Roy Stephen C. Canivel, Philippine Daily Inquirer, 30 May 2020 The Philippine Economic Zone Authority (Peza) has warned against experimenting on new tax breaks in the middle of the pandemic, but the Department of Trade and Industry (DTI) said the updated tax reform bill was exactly what businesses need now.

By: Maricar Cinco – Reporter, Philippine Daily Inquirer, 14 May 2020 MANILA, Philippines — About 40,000 workers are expected to report back to factories and assembly lines in Cavite province once businesses reopen after nearly two months of suspended operations due to the lockdown imposed by the national government to contain the spread of the…

From the Department of Labor and Employment Secretary Rosalinda Dimapilis-Baldoz unveiled labor laws-compliant markers in three Bataan economic zones—the Freeport Area of Bataan; PAFC Petrochemical Industrial Park; and Hermosa Industrial Park. Bataan is the first province in the country to have all its economic zones certified labor laws compliant under the new Labor Laws Compliance…

The world is awash with free-trade zones and their offshoots. Many are not worth the effort WHEN the first modern free-trade zone was established at Shannon airport in 1959, few outside Ireland paid much attention. Now everyone seems to be an admirer of “special economic zones” (SEZs) that offer a combination of tax-and-tariff incentives, streamlined…

LOCAL FIRMS will not have to comply with a minimum investment value, but will have to adhere to strict environment and labor standards to operate in economic zones being planned for non-export businesses, an official said yesterday.

CEBU CITY — The Trade department has pressed the Philippine Economic Zone Authority (PEZA) to issue guidelines for the formation of economic zones in the provinces that will also cater to non-exporters, as part of the current administration’s efforts to spur business activity outside Metro Manila, a Cabinet official told journalists here late last week.

MANILA, Philippines – In a bid to spur investments in less developed regions in the country, the national government is looking at creating an ecozones for local enterprises that will exempt locators from paying business tax.

Unemployment and poverty are related problems that must be addressed by any government. In the unique situation of the Philippine economy, these are major problems that the sitting president must give high attention to.

As so-called low-base factors, as a result of the comparatively low growth rates last year, subside, economic growth is seen to slow down from the record 7.9 percent in the first half and settle at an overall 6.2 percent gross domestic product expansion by the end of the year, the revised Asian Development Outlook (ADO)…

I knew I was going to touch some raw nerves when I raised the issue of the proliferation of Freeports in a joint meeting of the Management Association of the Philippines, Makati Business Club and the Financial Executives Association of the Philippines. Secretary Cesar Purisima had just announced his plans to raise the Government’s tax…