Economy
BOC, DTI seize P1.4B illicit vapes
Authorities have confiscated up to P1.4 billion worth of illicit vaporized nicotine products in a warehouse raid in Navotas City, marking one of the largest recent enforcement actions against the country’s underground vape trade.
PEZA sees opportunities, pushes reforms amid uncertainty
The Philippine Economic Zone Authority (PEZA) remains upbeat on attracting investments despite mounting global uncertainties, positioning the Philippines as a stable hub for firms targeting both Western and fast-growing Asian markets.
Philippines needs capital surge to unlock growth
The Philippines is approaching an economic inflection point and without a stronger wave of investment, it risks falling short of its full potential.
Foxmont targets P4B to boost Philippine startups
Venture capital firm Foxmont Capital Partners is ramping up its bet on the Philippines, planning to deploy up to P4 billion in new investments over the next few years as it doubles down on the country’s growing startup ecosystem.
PEZA implements measures to ease oil shock
Rising global oil prices, fueled in part by Middle East tensions, are increasingly pressuring export-oriented firms. The Philippine Economic Zone Authority (PEZA) is acting to shield its locators by boosting logistics efficiency within ecozones, Director General Tereso Panga said.
