Tag: PEZA

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Marcos reopens Metro Manila for new PEZA IT hubs

President Ferdinand R. Marcos Jr. has reopened Metro Manila to new Philippine Economic Zone Authority (PEZA)-registered information technology parks and centers, easing a seven-year investment restriction while keeping the broader ban on other types of economic zones in the capital.

PEZA investments jump 67%  on export projects

The Philippine Economic Zone Authority (PEZA) kept its investment momentum in 2026, with approved projects surging nearly 67 percent in the first seven months as export-oriented manufacturers and high-value industries continued to expand despite an uncertain global economy.

Tokai Electronics expands Batangas hub for supply chain

Tokai Electronics Philippines Inc. is expanding its warehousing operations in Batangas after signing a supplemental agreement with the Philippine Economic Zone Authority (PEZA), reinforcing its logistics network as demand from the country's electronics and semiconductor manufacturers continues to grow.

PEZA fast-tracks 30 new ecozones yearly expansion

The Philippine Economic Zone Authority (PEZA) is stepping on the gas, targeting the proclamation of 20 to 30 new economic zones every year as it banks on a wider network of investment hubs to drive jobs, exports and countryside growth.

Australian-backed solar investor powers P3.34B Batangas expansion project

The Philippine Economic Zone Authority (PEZA) has formalized the registration of Philippine Aurion Solar Technologies Inc., clearing the way for the expansion of a P3.34-billion manufacturing facility in Batangas as the Philippines positions itself as a rising hub for renewable energy production.

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GMA Network principal shareholders approve merger

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.

Vingroup eyes Batangas for $500M EV plant, export hub

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.

SM Hotels expands Halloween offerings across 9 properties

SM Hotels and Conventions Corp. (SMHCC) is rolling out Halloween-themed dining and entertainment activities across nine hotel properties nationwide from Oct. 24 to 31, seeking to draw families and leisure guests beyond the traditional market for overnight stays.

DTI secures price freeze on 204 basic goods until yearend

The Department of Trade and Industry (DTI) has secured commitments from manufacturers to keep prices of 204 basic necessities and prime commodities unchanged through Dec. 31, 2026, as elevated fuel costs continue to threaten household budgets.

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