HEADLINES: PH remains top investments hub June 26, 2023


Source: manilatimes.net manilatimes.net

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Good day. Here are the top stories of The Manila Times for Monday, June 26, 2023. PH remains top investments hub THE Philippines remains the top investment hub in the region in spite of tough competition from neighboring countries and the growing tension with China, Tereso Panga, the director general of the Philippine Economic Zone Authority (PEZA), said. He said the country remained competitive through the Regional Comprehensive Economic Partnership (RCEP). Panga said the country has been luring more investments because of its high labor productivity and the incentives it offers, such as value-added tax (VAT) exemption on importation and...