Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
PEZA investment approvals plunge 44% in H1
The Philippine Star
|July 15, 2024
Investment pledges approved by the Philippine Economic Zone Authority (PEZA) in the first semester fell by 44 percent to P45.48 billion from P80.59 billion the same period a year ago.
In a statement, the PEZA said the approved investments in the first half are for 120 projects, which are projected to create 25,259 jobs and exports amounting to $1.61 billion.
The approved projects cover various sectors such as manufacturing, information technology-business process management (IT-BPM), ecozone development, facilities development and logistics.
In terms of location, the majority or 100 of the approved projects are in Luzon, while 14 are in Visayas and six are in Mindanao.
This story is from the July 15, 2024 edition of The Philippine Star.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The Philippine Star
The Philippine Star
Outbreak?
I was a non-statistic in the non-outbreak of influenzaillness that’s spreading across the country.
2 mins
October 28, 2025
The Philippine Star
KOREAN ACTOR BANG SUNG HOON WANTS TO WORK WITH KAPUSOSTARS
BANG SUNG HOON IS THE BEST AMONG THE KOREAN ACTORS I've interviewed.
2 mins
October 28, 2025
The Philippine Star
Ex-DPWH
From Page 1
3 mins
October 28, 2025
The Philippine Star
BBM accepts Santiago’s resignation as NBI chief
Magno named OIC director
2 mins
October 28, 2025
The Philippine Star
'Life of a Showgirl' may just be Taylor Swift's best work yet
I did not have high hopes for an album that Taylor Swift would release this year.
2 mins
October 28, 2025
The Philippine Star
Reclamation, not flood control
Apart from substandard and nonexistent flood control projects, of which some of the ghost projects are even funded year after year, another dimension in this continually growing scandal has emerged.
1 mins
October 28, 2025
The Philippine Star
The corrupt are terrorists; AMLC seize their assets now
At the Oct. 22, 2025 Senate committee hearing to grant extraordinary powers to the Independent Commission for Infrastructure, a debate ensued between former Senate president Frank Drilon and former Chief Justice Reynato Puno over the grant of such powers.
4 mins
October 28, 2025
The Philippine Star
Anchored
No one loves the valueadded tax (VAT).
3 mins
October 28, 2025
The Philippine Star
TWO LIVES, RARE ILLNESSES, AND THE SHARED COURAGE TO KEEP GOING
There are moments in life when we look at someone we admire and think: “They’re invincible.”
4 mins
October 28, 2025
The Philippine Star
Preloved book industry flipping through market volatilities
Alex Grace has been saving up for a foreign book she saw at a local bargain book store in Manila in March.
4 mins
October 28, 2025
Listen
Translate
Change font size