THE Philippine Economic Zone Authority (PEZA) said on Thursday it and its registered firms contributed a total of P10.05 trillion to the Philippine economy from 2015 to 2017, in an effort to banish whatever misconceptions people have about the state-run agency.
In a statement, PEZA said exports accounted for 70 percent of the amount; salaries and wages to direct employees, 12.46 percent; local purchases of capital equipment and raw materials, 7.6 percent; investments, 7.5 percent; taxes paid by PEZA firms to the government, 2.7 percent; and PEZA taxes and dividends, 0.04 percent.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.