China-based Helioway Precision Hardware (Phils) Corp. is investing more than P200 million in a new precision manufacturing facility in Batangas, marking its formal entry into the Philippines’ export sector after signing a registration agreement with the Philippine Economic Zone Authority.
A delegation from the European Parliament has thrown its weight behind efforts to revive negotiations for a free trade agreement between the Philippines and the European Union, signaling renewed momentum for a long-anticipated pact.
Filinvest Land Inc. (FLI) has secured Philippine Economic Zone Authority registration for Filinvest Innovation Park – Ciudad de Calamba (FIPC), formally entering the country’s expanding ecozone network and positioning Laguna as a magnet for high-value, export-driven industries.
More than P1.06 trillion in cumulative investments has poured into Philippine economic zones since 1995, cementing electronics as the backbone of the country’s manufacturing engine, according to Tereso O. Panga, director general of the Philippine Economic Zone Authority.
Ayala Land Logistics Holdings Corp. (ALLHC) joined forces with the Philippine Economic Zone Authority (PEZA) and the Philippine Trade and Investment Center in Taipei (PTIC-Taipei) to pitch Philippine industrial parks to Taiwanese firms eyeing Southeast Asian expansion.
Filipino motorists face yet another round of pump price increases this coming Tuesday, underscoring the ongoing volatility of domestic fuel costs driven by compounding international crises. According to Jetti Petroleum president Leo Bellas, gasoline prices are projected to rise between P1 and P1.50 per liter, while diesel prices could jump by P1.75 to P2.25 per liter. This upcoming price hike follows the previous week’s substantial surge of P2.49 per liter for gasoline, P3.84 for diesel, and P5.01 for kerosene, highlighting how rapidly fuel rates are creeping higher almost every single week.
Damage to the agriculture sector from the southwest monsoon (habagat) enhanced by Tropical Cyclones Luis, Maymay, and Neneng has risen to ₱1.79 billion, the Department of Agriculture (DA) reported in its 10 a.m. advisory on August 22.
The Department of Agriculture (DA) has launched a stricter, nationwide campaign against counterfeit, unregistered, adulterated, and illegally produced farm inputs, moving to shield farmers from financial and livelihood losses while ensuring fair competition for legitimate industry players.