The Philippine Economic Zone Authority (PEZA) is moving to overhaul its landmark law as it marks 31 years, in a bid to sharpen the country’s investment edge amid rising competition in Southeast Asia.
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.
A Toyota is not a car that makes you want to write poetry. It is a car you get into, press the start button, select Drive, and take wherever you need to go. No drama, no complicated rituals, no need to call the children over to explain how to operate the touchscreen.
JG Summit Holdings Inc., the listed investment holding company of the Gokongwei Group, plans to acquire nearly 37.1 billion common shares in listed Oriental Petroleum and Minerals Corp. (OPMC) from its wholly owned subsidiary, consolidating its investment in the oil and gas company at the parent level.
GMA Network Inc.’s principal shareholders, Television International Corporation (TIC) and M.A. Jimenez Enterprises Inc. (MAJEI), have approved a merger that will consolidate the two entities into a single corporation, with TIC as the surviving company.
Vietnamese conglomerate Vingroup is considering Batangas for its planned USD500-million electric vehicle (EV) manufacturing complex, with the facility expected to serve export markets as well as domestic demand, according to a source familiar with the investment discussions.