The planned lifting of the moratorium on new Philippine Economic Zone Authority (PEZA) information technology parks and centers is poised to unlock about 480,000 square meters of office space, giving business process outsourcing (BPO) firms a much larger pool of PEZA-accredited workplaces as expansion demand gathers pace.
The Philippine Economic Zone Authority (PEZA) has secured another investment for the country's expanding digital economy, signing a registration agreement with Industry Shared Services Centre Inc. for an P83-million information technology project in Davao City that is expected to generate more than 290 direct jobs.
The Philippine National Oil Co. (PNOC) is moving to unlock the commercial potential of its industrial estate in Bataan by tapping the Philippine Economic Zone Authority (PEZA), a partnership that could transform the property into an investment-ready energy hub while advancing the government's fuel security agenda.
The Philippine Economic Zone Authority (PEZA) has registered Hann Philippines Inc. as a Tourism Ecozone Domestic Market Enterprise, clearing the way for the continued development of its multibillion-peso Hann Reserve project in New Clark City.
The Philippine Economic Zone Authority (PEZA) has achieved nearly half of its P300-billion investment approval target for 2026 after first-half commitments almost doubled, signaling sustained investor confidence as global manufacturers continue shifting supply chains toward Southeast Asia.
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.