Peza says investments in first 6 months surged 71% to P120B

The Philippine Economic Zone Authority (Peza) reported an increase in new investments of more than 71 percent in the first semester of the year to P120 billion. According to Peza's data, new investments from January to June reached P120.22 billion. Although no comparative figure was given, data from the Philippine Statistics Authority showed that pledges in the first semester of 2016 reached P70.03 billion, bringing Peza's current year-to-date growth to 71.66 percent. Peza did not provide a breakdown of the latest growth figures. The government agency has not replied to requests for comment as of press time. Led by Peza Director General Charito Plaza, the agency has been reporti...Keep on reading: Peza says investments in first 6 months surged 71% to P120B

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