The Philippine Exporters Confederation, Inc. (Philexport) on Wednesday urged the government to pair its energy emergency response with targeted support measures, warning that surging fuel costs are squeezing exporters and threatening global competitiveness.
The Philippine Economic Zone Authority (PEZA) has approved an amendment to the supplemental agreement of B/E Aerospace B.V. – Philippine Branch, a move seen to improve efficiency and ensure continuity in the firm’s export-oriented operations.
South Korea’s Luxia Corp. is set to invest P4.4 billion in a high-end mixed-use development featuring a hotel and serviced apartments in Clark Freeport.
The Philippines is seeking to strengthen and future-proof its long-standing economic partnership with Japan, a relationship seen as critical to regional stability and growth, according to Cezar Consing, president and CEO of Ayala Corp.
The planned expansion of Tong Hsing Electronics Phils., Inc. in Laguna is set to strengthen the Philippines’ position in the global electronics value chain, according to the Philippine Economic Zone Authority (PEZA).