28-05-2025
PEZA announces P1.39B dividend payout
The Philippine Economic Zone Authority (PEZA) announced Wednesday that it contributed P1.3 billion in dividends from its profits in 2024, noting its back-to-back billion-contribution to government coffers.
'As we turn 30, we are focused on future-proofing PEZA to ensure it remains a dynamic force for economic development and nation-building,' PEZA Director General Tereso O. Panga said in a statement.
PEZA noted that it has already contributed P3.68 billion to the government since the start of President Ferdinand Marcos Jr's administration.
The Department of Finance (DOF) earlier said the dividend remittances from the earnings of government-owned or -controlled corporations (GOCCs) have reached over P76 billion as of May 15, 2025.
PEZA was also among the 13 state-owned firms that contributed at least P1 billion to state coffers. —Mariel Celine Serquiña/RF, GMA Integrated News
