The Philippine Economic Zone Authority (PEZA) is positioning itself to capture a larger share of Southeast Asia's fast-growing electric vehicle (EV) supply chain, with Vietnam's VinFast emerging as a potential new investor as Indonesian automotive manufacturers expand their presence in Philippine economic zones.
Investment promotion agencies have welcomed the newly approved 2026 Strategic Investment Priorities Plan (SIPP), saying it positions the Philippines to compete for high-value investments in advanced manufacturing, digital infrastructure, clean energy, and other industries expected to drive future economic growth.
VOYA Philippines Support Services Corp., the local unit of US-headquartered financial services firm Voya Financial, is expanding its footprint in the country’s IT-BPM sector following the formal signing of its Registration Agreement (RA) with the Philippine Economic Zone Authority (PEZA) on May 21.
The Philippine Economic Zone Authority (PEZA) is stepping up its push to position the Philippines as a regional digital services and innovation hub, using the Digital Health Festival 2026 in Melbourne as a platform to court fresh Australian investments while securing expansion commitments from existing locators.
WaHiki, a New Zealand producer of dairy-free, gluten-free, and vegan coconut-based ice cream and yoghurt products, is exploring potential collaborations with Philippine firms, according to the Philippine Economic Zone Authority (PEZA).
Mitsubishi Power has entered into a long-term parts and services agreement (LTPSA) with LNGPH and its subsidiary South Premiere Power Corp. (SPPC) for the 1,200 MW Ilijan combined cycle natural gas-fired power plant.
The Department of Agriculture (DA) has endorsed Resolution No. 03, Series of 2026, calling for the immediate implementation of the 5 percent coconut methyl ester (CME) biodiesel blend or B5. The proposal has been forwarded to the Senate and the Department of Energy (DOE).