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Philippines News Agency

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The Philippines News Agency

The Philippines News Agency (PNA) is a web-based newswire service of the Philippine government. The PNA Headquarters are housed at the 2nd floor of the PIA building along Visayas Avenue, Quezon City. PNA's website address is http://www.pna.gov.ph

It has been 35 years since PNA was launched in an era when newswire operations relied mainly on teletype machines and typewriters. PNA has steadily paced the highly competitive and changing arena of Philippine journalism; it is now slowly but surely coming to par with the challenges posed by the globalization of media communications. This has deeply shaped modern journalism and the news media organizations that have been instrumental in creating the very conditions that made globalization a reality.

PNA has evolved today as an Internet-based news service agency that caters to the global demand for news and information to its subscribers, readers and a host of other clients. PNA's mission is spelled out clearly: to provide the government, the Presidency, the public, as well as its media and non-media clients, both local and foreign based, sober, factual, impartial and objective news and information. PNA provides news 24/7, including photos of major events, feature stories, sports news and events, local and global opinions, general information, as well as global news and feature stories. PNA employs about a hundred journalists and stringers across the country, with several foreign-based correspondents.

PNA beat reporters and stringers are deployed practically in every government office and agency, including the main offices and camps of police and security forces, to provide news 24/7 for local, regional and global subscribers and readers. PNA likewise maintains active news exchanges with news agencies of ASEAN member-countries and the Organization of Asia-Pacific News Agencies (OANA).

Philippines News Agency
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+63 352 43 34,
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Latest Press Release
President Aquino welcomed by French Prime Minister Manuel Valls. (PNA)

President Aquino welcomed by French Prime Minister Manuel Valls. (PNA)

8-month approved investments in PEZA up 22% to Php135-B

MANILA, (PNA) -- The Philippine Economic Zone Authority (PEZA) has approved Php134.89 billion worth of investments from January to August 2014, an increase of 21.72 percent from last year's same period of Php110.82 billion.

PEZA Director General Lilia de Lima told reporters that the increase in investment pledges in PEZA was pushed by confidence of investors in venturing in the country.

"I see the growth of investments to continue, especially with our positive credit ratings from all the major credit rating agencies," De Lima said.

"And of course, the lure for the Philippines are still the workers," she noted.

Exports revenue inside PEZA zones also went up by 18.85 percent to USD4.51 billion in the first eight months of the year versus USD3.8 billion in 2013.

On the other note, investments in PEZA zones from January to July 2014 have created 1,108,367 jobs compared to 2013's job generation of 986,526, an increase of 12.35 percent.

De Lima expects that by end-2014, investment pledges in PEZA will grow by double-digit. (PNA)