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Senator Alan Peter Cayetano expressed strong support for proposed amendments to the Bases Conversion and Development Authority (BCDA) charter, emphasizing that strategic land sales could stimulate development in key economic zones. Cayetano filed Senate Bill No. 2647 earlier this year during his chairmanship of the Committee on Government Corporations and Public Enterprises, with the goal […]
Senator Joel Villanueva is pushing for a measure allowing businesses registered in investment promotion agencies to adopt a Work-from-Home (WFH) arrangement for their employees while maintaining their tax and fiscal incentives. The allowance for companies in the Information Technology- Business Process Management (IT-BPM) sector operating in ecozones to adopt a WFH arrangement covering 30% of […]
More benefits for the country’s close to 300,000 ecozone workers. This was the commitment made by Manila Mayor and Aksyon Demokratiko standard-bearer Isko Moreno Domagoso, who on Wednesday vowed to provide additional benefits for workers in the various economic and industrial zones in the country if elected president. According to data from the Department of […]
For the economy to recover from the battering it sustained due to the ongoing coronavirus disease 2019 (COVID-19) pandemic, Senator Dick Gordon proposed that rampant testing should be conducted in the country’s economic zones so they could resume operations. Gordon, chairman and CEO of the Philippine Red Cross (PRC), stressed that testing is key to getting […]
Reelectionist Senator Sonny Angara said government must continue providing tax incentives to companies in special economic zones (SEZs) if it wants to attract and retain large-scale investments that will create more job opportunities for the host population. “Aside from the quality of workforce in the country, local and foreign investors establish their businesses in our […]