Tag: PEZA

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PEZA, BEZA advance ecozone plans in Bangsamoro provinces

The Philippine Economic Zone Authority (PEZA) and Bangsamoro Economic Zone Authority (BEZA) are moving to develop proposed economic zones in Tawi-Tawi, Basilan and Maguindanao del Norte, potentially opening new investment and job opportunities across the Bangsamoro region.

PEZA plans 24/7 Clark office to speed up exports processing

The Philippine Economic Zone Authority (PEZA) is exploring a 24-hour satellite office at the FedEx Philippines Gateway in Clark as it seeks to speed up export processing and reduce regulatory bottlenecks for time-sensitive shipments.

Samsung lines up P2B inductor project in Laguna 

Samsung Electro-Mechanics Philippines (SEMPHIL) is preparing two additional manufacturing investments in Laguna, adding to its previously announced USD1-billion expansion as the electronics industry responds to rising demand for components used in automotive systems, artificial intelligence and high-performance computing.

PEZA: Luzon corridor offers ready industrial base

The Luzon Economic Corridor (LEC) can give investors a head start by plugging them into 218 established economic zones and 1,777 locator companies already operating along the Subic-Clark-Manila-Batangas corridor, according to the Philippine Economic Zone Authority (PEZA).

PEZA to approve first IT center in Manila

Manila is poised to get its first Philippine Economic Zone Authority-accredited information technology center as developers move to tap renewed demand for IT-BPM and technology facilities in Metro Manila.

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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.

SM Hotels expands events business with Conrad Manila rooftop venue

SM Hotels and Convention Centers (SMHCC) is adding a premium rooftop events venue at Conrad Manila, broadening its offerings for private celebrations and corporate gatherings as it builds out the Mall of Asia Complex as a destination for meetings and events.

PLDT gets NYSE warning over delayed 2024, 2025 filings

PLDT Inc. has until February 13, 2027, to submit its delayed 2024 and 2025 annual financial reports to avoid possible suspension and delisting proceedings on the New York Stock Exchange (NYSE), following the withdrawal of its external auditor’s opinions on the two sets of financial statements.

Metrobank chief economist tops Asian research awards, bank cites expertise

Metrobank Chief Economist Nicholas Mapa has been named the top analyst at The Asset Benchmark Research Awards, clinching the Best Individual Sellside Research title.

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