61. On Tuesday, the government discussed creating special economic zones in flooded regions, where investors would be offered tax breaks, subsidies and other incentives. 62. President Fidel Ramos on Wednesday designated a northern Philippine municipality as a special economic zone, where incentives such as tax breaks will be given to investors. 63. Regions being developed as special economic zones, such as the Subic Bay free port, will be given priority under the infrastructure program. 64. Shenzhen, a booming special economic zone, borders Hong Kong. 65. Separately, Israel and Jordan signed an agreement to create a special industrial zone in northern Jordan. 66. Shenzhen is a special economic zone in south China, near Hong Kong. 67. Special processing zones have been truly helpful to our economy in providing jobs and in increasing Philippine exports. 68. That would complement the agreement signed by Israel and Jordan last year to create a special economic zone in Eilat-Aqaba, said Policy Director Steven Liebes. 69. Taiwan plans to set up special trading zones where it can ease or even waive its restrictions on direct dealings with China, a newspaper reported Thursday. 70. The DEP plans to promote trademarks for Thai furniture and aims to establish a special zone for Thai manufacturers to increase convenience for foreign buyers. |