Tag: PEZA

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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.

Tong Hsing expansion boosts Philippine electronics role

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).

PEZA sees opportunities, pushes reforms amid uncertainty 

The Philippine Economic Zone Authority (PEZA) remains upbeat on attracting investments despite mounting global uncertainties, positioning the Philippines as a stable hub for firms targeting both Western and fast-growing Asian markets.

PEZA implements measures to ease oil shock 

Rising global oil prices, fueled in part by Middle East tensions, are increasingly pressuring export-oriented firms. The Philippine Economic Zone Authority (PEZA) is acting to shield its locators by boosting logistics efficiency within ecozones, Director General Tereso Panga said.

Mobile substation powers MEZ upgrade

Mactan Electric Co., Inc. (MECO) has energized a 3–20 MVA, 13.8-kilovolt mobile substation at the Mactan Economic Zone, boosting reliability and marking a key step in the zone’s green infrastructure push.

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Asian Terminals secures 25-year Manila South Harbor concession renewal through 2063

Asian Terminals Inc. (ATI) has secured a 25-year extension of its contract to run and develop Manila South Harbor, keeping its role as operator of one of the country’s most important gateways until 2063.

Pag-IBIG socialized housing loans jump 175%, 20,000 homes offered in Davao

Pag-IBIG Fund more than doubled its financing for socialized housing in the first 10 months of 2026, extending homeownership opportunities to low-income families as it brings more than 20,000 housing units to a two-day fair in 4PHDavao City.

GSIS net income rises 14% to P123B in 9M 2026

The Government Service Insurance System (GSIS) posted a net income of P123 billion in the first nine months of 2026, up 14 percent from P108 billion in the same period last year, putting the state pension fund on firmer ground to expand services and finance renewable energy programs for its members.

BSP keeps 3% credit card interest cap, raises installment and cash advance fee limits 

The Bangko Sentral ng Pilipinas (BSP) has maintained the 3.0-percent monthly ceiling on finance charges for unpaid credit card balances while raising the limits on installment add-on rates and cash advance processing fees.

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