Smarter News Now
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • Email Whitelisting
No Result
View All Result
  • Top News
  • Economy News
  • Forex News
  • Investing News
  • Stock News
  • Politics News
  • Editor’s Pick
  • Top News
  • Economy News
  • Forex News
  • Investing News
  • Stock News
  • Politics News
  • Editor’s Pick
No Result
View All Result
Smarter News Now
No Result
View All Result
Home Investing News

Central Luzon pitched as manufacturing, logistics hub

by
June 13, 2022
in Investing News
0
Central Luzon pitched as manufacturing, logistics hub
0
SHARES
12
VIEWS
Share on FacebookShare on Twitter

CENTRAL LUZON is being considered as a manufacturing and logistics hub, according to the Department of Trade and Industry (DTI).

DTI Region 3 Regional Director Leonila T. Baluyut said in a statement on Monday that Central Luzon has many industrial assets in place that can support such a development strategy.

“Central Luzon has the most number of provinces with plenty of growth opportunities, as Clark in Pampanga has an international airport, Bataan has the Freeport area, (Tarlac has) Luisita Park,” Ms. Baluyut said.

Ms. Baluyut added that the region can stake advantage of Republic Act No. 11534, or the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act, and the amendments made to liberalize the Foreign Investments Act, the Public Service Act, and the Retail Trade Liberalization Act.

Separately, Board of Investments Director for Domestic Investments Promotion Maria Rosario J. Dominguez said that competition has increased as the economy continues to recover from the pandemic. 

“In the course of the pandemic, we learned (to use) tools to promote the Philippines despite the inability to do things physically. The world has become smaller as a result of technology and innovation. The bottom line is to have the right content/information (at the ready),” Ms. Dominguez said. — Revin Mikhael D. Ochave

ShareTweetPin

Related Posts

Stocks decline on profit taking, recession fears
Investing News

Stocks decline on profit taking, recession fears

August 23, 2022
Peso climbs vs dollar as RTB offer starts
Investing News

Peso climbs vs dollar as RTB offer starts

August 23, 2022
PNR cancels bids for 3 projects after finding them ‘non-feasible’
Investing News

PNR cancels bids for 3 projects after finding them ‘non-feasible’

August 23, 2022
Senate grills Rodriguez on approval procedures for sugar import order
Investing News

Senate grills Rodriguez on approval procedures for sugar import order

August 23, 2022
Trade dep’t expecting sugar price monitoring report by Friday
Investing News

Trade dep’t expecting sugar price monitoring report by Friday

August 23, 2022
Fisherfolk seek halt to reclamation on municipal fisheries
Investing News

Fisherfolk seek halt to reclamation on municipal fisheries

August 23, 2022
Next Post
Domestic trade declines 35.6% in first quarter

Domestic trade declines 35.6% in first quarter

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Email Address *
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
 

Recommended

Ghislaine Maxwell sentenced to 20 years for ‘horrific’ sex trafficking

Ghislaine Maxwell sentenced to 20 years for ‘horrific’ sex trafficking

June 29, 2022
US-Taiwan trade talks could outpace Indo-Pacific effort -USTR official

US-Taiwan trade talks could outpace Indo-Pacific effort -USTR official

June 3, 2022
More than 4,600 had COVID in past week, says DoH

More than 4,600 had COVID in past week, says DoH

June 27, 2022
Revilla files bill giving gov’t 5% cut of movie theater gross income

Revilla files bill giving gov’t 5% cut of movie theater gross income

July 13, 2022
BCDA pitches New Clark City for ecotourism investments 

BCDA pitches New Clark City for ecotourism investments 

July 21, 2022
Engineering firm develops digital enterprise platform

Engineering firm develops digital enterprise platform

August 1, 2022
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • Email Whitelisting

Copyright © 2022 SmarterNewsNow.
All Rights Reserved.

Disclaimer: SmarterNewsNow.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

No Result
View All Result
  • About Us
  • Contact Us
  • Email Whitelisting
  • Home
  • Privacy Policy
  • Terms & Conditions
  • Thank You

Copyright © 2020 SmarterNewsNow. All Rights Reserved.