The Philippine Economic Zone Authority is stepping up efforts to draw manufacturing investments in traditional hubs, pitching a proposed ecozone in Albay as a potential expansion site for Atlantic, Gulf & Pacific Co.
Dream Precision Tech Corporation has registered as an ecozone export enterprise with the Philippine Economic Zone Authority (PEZA), with operations to be located at the Lima Technology Center – Special Economic Zone.
The IT and Business Process Association of the Philippines (IBPAP) welcomed the government’s approval of expanded work-from-home flexibility for registered business enterprises, saying the move offers immediate operational relief to companies and workers grappling with rising costs.
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.
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.
A better cup of coffee begins long before the beans reach the roaster. In Northern Mindanao, it starts with better planting materials, improved farming practices, and a partnership aimed at turning higher yields into better livelihoods for coffee farmers.
The electricity grid is getting busier. Rooftop solar panels are turning homes into power producers, batteries are storing energy for later, and electric vehicles are adding new demands to the system.
The Bangko Sentral ng Pilipinas has welcomed a favorable assessment from Japan Credit Rating Agency highlighting the country’s continued economic resilience against global disruptions. The evaluation reinforces international confidence in the country’s capacity to absorb financial volatility, ensuring that domestic growth remains steady even during periods of global market instability and rising geopolitical tension.
The Jollibee Foods Corporation continues to leverage international store expansion to drive business growth, as its top executive emphasized the capacity of Southeast Asian brands to establish a strong presence in the global market during a regional summit in Pasay City.