• 3,000 firms
  • Independent
  • Trusted
Save up to 70% on staff

News » PEZA, BOI urged to expedite pharmaceutical zones

PEZA, BOI urged to expedite pharmaceutical zones

PEZA, BOI urged to expedite pharmaceutical zones

Senator Francis Tolentino filed Senate Resolution 580, which urges the Philippine Economic Zone Authority (Peza) and Board of Investments (BoI) to expedite the establishment of pharmaceutical manufacturing zones in the country.

This is to further develop the country’s medical industry to spur investments, facilitate access to innovator drugs for critical illnesses at affordable prices, and fast-track socio-economic growth.

Tolentino cited a study conducted by the Philippine Institute for Development Studies (PIDS) which said that the Philippines is one of the biggest pharmaceutical markets in Southeast Asia, next only to Indonesia and Thailand.

As of 2012, the National Tax Research Center said there were about 50,000 retail outlets and over 60,000 drug distributors nationwide.

Read more here. 

Start your
journey today

  • Independent
  • Free
  • Transparent

About OA

Outsource Accelerator is the trusted source of independent information, advisory and expert implementation of Business Process Outsourcing (BPO)

The #1 outsourcing authority

Outsource Accelerator offers the world’s leading aggregator marketplace for outsourcing. It specifically provides the conduit between Philippines outsourcing suppliers and the businesses – clients – across the globe.

The Outsource Accelerator website has over 5,000 articles, 350+ podcast episodes, and a comprehensive directory with 900+ BPO companies… all designed to make it easier for clients to learn about – and engage with – outsourcing.

About Derek Gallimore

Derek Gallimore has been in business for 20 years, outsourcing for over eight years, and has been living in Manila (the heart of global outsourcing) since 2014. Derek is the founder and CEO of Outsource Accelerator, and is regarded as a leading expert on all things outsourcing.

“Excellent service for outsourcing advice and expertise for my business.”

Learn more
Banner Image
Get 3 Free Quotes Verified Outsourcing Suppliers
3,000 firms.Just 2 minutes to complete.
SAVE UP TO
70% ON STAFF COSTS
Learn more

Connect with over 3,000 outsourcing services providers.

Banner Image

Transform your business with skilled offshore talent.

  • 3,000 firms
  • Simple
  • Transparent
Banner Image