Tag: PEZA

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PEZA may adjust targets as investments fall 23% in Q1

Approved investments by the Philippine Economic Zone Authority (PEZA) fell 23 percent in the first quarter to P45.53 billion, down from P58.95 billion a year earlier, as global uncertainties tempered capital commitments.

P500M wellness plant set for Tarlac pharmazone

A P500-million wellness manufacturing facility is set to rise in Tarlac, as Goodfield International Trading Corp. invests in the country’s first pharmaceutical economic zone, the Philippine Economic Zone Authority (PEZA) said Tuesday.

Taiwan firms eye Philippine expansion, EV bus plant

Taiwanese manufacturers of electric vehicle (EV) buses are exploring plans to establish a production facility in the Philippines, with a potential capital outlay of about USD25 million, the Philippine Economic Zone Authority (PEZA) said.

TAFT pours P3.6B into LISP IV expansion 

Singapore-based Total Advanced Future Technology Pte. Ltd. (TAFT) is set to invest P3.6 billion in a new manufacturing facility at the Light Industry and Science Park IV (LISP IV), a move expected to accelerate the Philippines’ push to attract high-value, export-oriented industries.

PEZA clears amendment to boost aerospace operations

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.

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Chicken inasal, adobo climb globa taste rankings

Filipino chicken is no longer quietly sizzling in backyard grills and family kitchens. It is now officially competing on the world stage, with chicken inasal and adobong manok earning standout recognition in the April 2026 TasteAtlas rankings.

MCIA steps up preparations for ASEAN Summit in Cebu

The Mactan-Cebu International Airport is stepping up preparations for the upcoming ASEAN Summit set to take place in Cebu this May.

DOTr fast-tracks land acquisition for major rail projects

The Department of Transportation (DOTr) is speeding up land acquisition for two major rail projects: the North–South Commuter Railway (NSCR) and the Metro Manila Subway Project (MMSP).

BSP raises interest rates again as inflation risks rise

The Bangko Sentral ng Pilipinas (BSP) has raised its key interest rate by 0.25 percentage points to 4.5%, along with increases in its lending and deposit rates. The move is aimed at slowing the rise in prices.

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