{"id":52428,"date":"2022-08-08T13:13:58","date_gmt":"2022-08-08T05:13:58","guid":{"rendered":"https:\/\/news.outsourceaccelerator.com\/?p=52428"},"modified":"2022-08-08T13:13:58","modified_gmt":"2022-08-08T05:13:58","slug":"drama-free-peza-key-for-sustained-investments","status":"publish","type":"post","link":"https:\/\/news.outsourceaccelerator.com\/drama-free-peza-key-for-sustained-investments\/","title":{"rendered":"\u2018Drama-free\u2019 PEZA key for sustained investments"},"content":{"rendered":"

A \u201cdrama-free\u201d Philippine Economic Zone Authority (PEZA) will be the key to sustained foreign investments in economic zones in the country, according to House Committee on Ways and Means Chairman Joey Sarte Salceda.<\/span><\/p>\n

In an interview, Salceda said that the ongoing leadership dispute in the agency might make investors think that \u201cour investment regime is overly politicized and therefore risky.\u201d<\/span><\/p>\n

\u201cMy point is, drama-free is key. I am optimistic about a PEZA that is a partner of the Committee on Ways and Means in getting our exports up and in fighting smuggling in ecozones\u2026,\u201d he stated.<\/span><\/p>\n

The \u201cdispute\u201d Salceda is referring to is the competing claims to the PEZA leadership between Duterte appointee Charito Plaza and the current Officer-in-Charge Deputy Director General Tereso Panga.<\/span><\/p>\n

In a statement, Trade Undersecretary Herminio Bagro III said that the PEZA Director-General position was \u201clegally deemed vacant as of June 30 noontime\u201d following the issuance of Memorandum Circular (MC) No. 1 by Executive Secretary Victor D. Rodriguez.<\/span><\/p>\n

However, Plaza is disputing that a subsequent Palace circular extends her PEZA post until December 31, 2022.<\/span><\/p>\n

To solve this dilemma, Salceda is urging President Ferdinand Marcos Jr. to appoint a new Director-General as soon as possible as only he can \u201cdecisively end the confusion.\u201d<\/span><\/p>\n

Read more here.<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A \u201cdrama-free\u201d Philippine Economic Zone Authority (PEZA) will be the key to sustained foreign investments in economic zones in the […]<\/p>\n","protected":false},"author":7,"featured_media":52429,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[200],"tags":[],"yoast_head":"\n\u2018Drama-free\u2019 PEZA key for sustained investments - Outsource Accelerator<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/news.outsourceaccelerator.com\/drama-free-peza-key-for-sustained-investments\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u2018Drama-free\u2019 PEZA key for sustained investments - Outsource Accelerator\" \/>\n<meta property=\"og:description\" content=\"A \u201cdrama-free\u201d Philippine Economic Zone Authority (PEZA) will be the key to sustained foreign investments in economic zones in the […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/news.outsourceaccelerator.com\/drama-free-peza-key-for-sustained-investments\/\" \/>\n<meta property=\"og:site_name\" content=\"Outsource Accelerator\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/outsourceaccelerator\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-08-08T05:13:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news.outsourceaccelerator.com\/wp-content\/uploads\/2022\/08\/\u2018Drama-free-PEZA-key-for-sustained-investments.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Outsource Accelerator\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@outsourceaccel\" \/>\n<meta name=\"twitter:site\" content=\"@outsourceaccel\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Outsource Accelerator\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/news.outsourceaccelerator.com\/drama-free-peza-key-for-sustained-investments\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/news.outsourceaccelerator.com\/drama-free-peza-key-for-sustained-investments\/\"},\"author\":{\"name\":\"Outsource Accelerator\",\"@id\":\"https:\/\/news.outsourceaccelerator.com\/#\/schema\/person\/8b75ec193590c50fe884d94951389c3d\"},\"headline\":\"\u2018Drama-free\u2019 PEZA key for sustained investments\",\"datePublished\":\"2022-08-08T05:13:58+00:00\",\"dateModified\":\"2022-08-08T05:13:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/news.outsourceaccelerator.com\/drama-free-peza-key-for-sustained-investments\/\"},\"wordCount\":212,\"publisher\":{\"@id\":\"https:\/\/news.outsourceaccelerator.com\/#organization\"},\"articleSection\":[\"Local\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/news.outsourceaccelerator.com\/drama-free-peza-key-for-sustained-investments\/\",\"url\":\"https:\/\/news.outsourceaccelerator.com\/drama-free-peza-key-for-sustained-investments\/\",\"name\":\"\u2018Drama-free\u2019 PEZA key for sustained investments - 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