president Francisco Zaldarriaga said the groups are of the view PEZA's incentives which have worked in attracting investments, should be kept.
President Chito Zaldarriaga, who presented the groups' sentiment, said: "Everybody in this table and beyond is on the same side with the government but there are certain considerations that we're sensitive and open to dialogue with legislators and the bodies that will eventually make this decision."
These setbacks, Philea
said, included the impending loss of jobs, lower production in export-oriented firms and therefore less exports, as well as capital flight.
This community initiative also known as Christmas Wish Tree campaign launched on 1st December where 48 children and young adults, aged three to 23, had earlier written down their wish gift which were then hung on a Christmas tree at the lobby of Philea
Resort and Spa, Melaka.
The Philippine Ecozones Association (PHILEA
) earlier warned that TRAIN 2 may result in loss of jobs, lower production output and exports, capital flight and other setbacks on the gains achieved in the past decades through the incentives afforded ecozone locatorsprimarily an income tax holiday and five percent gross income earned (GIE) tax in lieu of income taxes, value added tax (VAT) and local taxes.
Dominguez, the Philippine Ecozones Association (PHILEA
), which is composed of 13 developers that either own and or manage 22 economic zones where 1,171 many of them high-caliber investors are recipients of government's fiscal and non-fiscal incentives, strongly oppose the corporate income tax (CIT) and fiscal modernization under the proposed CTRP Package 2, now dubbed "Trababo Bill."
Melaka, Malaysia, December 18, 2014 --(PR.com)-- At the start of Christmas season, staff at Philea
Resort and Spa show concern for the environment and encouraged recycling by making a Christmas tree measuring at eight-feet tall, made from approximately 30,000 aluminium ring-pulls bedecked with sparkling ornaments.
(Hubner, 1819) 2 1 3 Eurema xantochlora (Kollar, 4 3 8 4 1 1850) Phoebis philea
(Linnaeus, 6 1 1 1763) Phoebis sennae (Cramer, 1777) 5 2 Pyrisitia leuce (Boisduval, 1 1836) Pyrisitia venusta (Boisduval, 6 9 6 1836) Pyrisitia sp.
nise, Hamadryas februa ferentina, Hermeuptychia hermes, Junonia evarete, Phoebis philea
, Siproeta stelenes.
4 10 5 37 Siproeta stelenes biplagiata (Fruhstorfer 1907) 2 3 2 7 Phoebis philea philea
(Linnaeus 1763) 3 10 6 Prepona pylene philetas Fruhstorfer 1904 1 4 12 24 Taxon M J J A Small Eunica tatila tatila (Henrich-Schaffer ) 76 159 1640 3722 Pareuptychia metaleuca metaleuca (Boisduval 1870) 3 2 28 79 Pyrisitia nise nelphe (R.
However, as the 17th Congress concludes in June and with the measure nowhere near approval in the Senate, members of the Philippine Ecozones Association (Philea
) look to take advantage of the retention of the existing corporate tax and incentives regime.
In a statement, the Philippine Ecozones Association (PHILEA
), the umbrella group of major ecozone developers in the country, said TRAIN 2 may result in the loss of jobs, lower production output and exports, capital flight and other setbacks in the gains achieved in the past decades through the incentives afforded ecozone locators - primarily an income tax holiday and five percent gross income earned tax in lieu of income taxes, value added tax and local taxes.