PEZA approves nearly P49B worth of investments in Sept.

THE Philippine Economic Zone Authority (PEZA) said it approved P48.87 billion worth of investment proposals in September, helping it exceed 60% of its approvals target in the year to date.

The September total is 9.8% lower year on year, it said. The 36 approved projects are expected to create 10,312 jobs and generate $1.113 billion worth of exports.