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BusinessWorld E-paper

October 16, 2023

THE PHILIPPINE Economic Zone Authority (PEZA) has approved P131.76 billion worth of investments as of the first week of October, putting the investment promotion agency (IA) on track to meet its P154-billion full-year target.

At the same time, PEZA Director-General Tereso O. Panga said the agency will continue to push for amendments to the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act to attract more foreign and local investments, particularly in the information technology (IT) sector.

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