Tag: PEZA

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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.

PEZA extends billion-peso dividend streak under Marcos

The Philippine Economic Zone Authority (PEZA) has reinforced its standing as one of the government's top-performing state corporations, remitting P1.44 billion in dividends to the National Government for fiscal year 2025 and posting its third straight billion-peso payout.

Moratorium lift opens bigger runway for BPO growth

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.

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GSIS net income rises 14% to P123B in 9M 2026

The Government Service Insurance System (GSIS) posted a net income of P123 billion in the first nine months of 2026, up 14 percent from P108 billion in the same period last year, putting the state pension fund on firmer ground to expand services and finance renewable energy programs for its members.

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.

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