PEZA investments up by more than half

Business World / August 5, 2010

INVESTMENTS REGISTERED with the Philippine Economic Zone Authority (PEZA) reached P68.609 billion from January to July, up by 57.54% from yearago levels, according to data released on Thursday.

The total of 296 projects are projected to make $4.404 billion in export sales once they are operational.

More than fifty-five thousand jobs will be generated from the investments, the PEZA data showed.

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State statistics agency notes slowing growth of spending on health goods and services

THE COUNTRY’S total and per capita health spending grew in 2005-2007, but at a slowing pace in terms of both current and constant prices, the National Statistical Coordination Board (NSCB) said in a statement yesterday.

At current prices, total spending for health rose to P234.3 billion in 2007 from P198.4 billion in 2005, with growth slowing to 8.3% in 2007 from 9.1% in 2006. (Business World / august 4, 2010).

No.2 * 08.5.10