Tag: PEZA

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Panasonic building new P3B factory in Laguna

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Panasonic Manufacturing Philippines Corp. is pouring roughly P3 billion into a new factory at the Laguna Technopark in Santa Rosa, marking one of the company’s biggest local expansions in recent years as it strengthens its manufacturing footprint in the country.

D&L units secure pioneer status, extend incentives

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D&L Industries said its wholly-owned subsidiaries, D&L Premium Foods Corp. (DLPF) and Natura Aeropack Corporation (NAC), have been granted pioneer status by the Philippine Economic Zone Authority (PEZA), extending their income tax holiday by two additional years. 

Aboitiz InfraCapital courts Chinese investors to choose Philippines

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Aboitiz InfraCapital Economic Estates is positioning the Philippines as a strategic expansion hub for Chinese companies aiming to grow their footprint in Southeast Asia. 
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DA, SRA race to secure sugar industry input amid Middle East disruption

Agriculture 0
The government is moving to safeguard fuel and fertilizer supplies for the sugar industry as the sector enters the most resource-intensive phase of the harvest season.

Gov’t orders cut in airport fees to help lower air travel costs

Transport & Logistics 0
Transportation Secretary Giovanni Lopez has directed the Civil Aviation Authority of the Philippines (CAAP) to reduce Passenger Service Charges (PSC) and airport navigation fees in airports operated by the agency.

Coffee costs clip Universal Robina profits

Corporate 0
Universal Robina Corp., the listed food unit of the Gokongwei Group, posted modest revenue growth last year but saw profits ease as unusually high coffee input costs squeezed margins, highlighting how volatile commodity prices continue to challenge food manufacturers.

ASEAN ministers urge restraint in Middle East, shield region’s economy

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Economic ministers of the Association of Southeast Asian Nations on Friday called for urgent de-escalation of tensions in the Middle East, warning that prolonged conflict could ripple across global energy markets and threaten Southeast Asia’s fragile economic recovery.

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