The Philippine Economic Zone Authority (PEZA) is moving to overhaul its landmark law as it marks 31 years, in a bid to sharpen the country’s investment edge amid rising competition in Southeast Asia.
China-based Helioway Precision Hardware (Phils) Corp. is investing more than P200 million in a new precision manufacturing facility in Batangas, marking its formal entry into the Philippines’ export sector after signing a registration agreement with the Philippine Economic Zone Authority.
A delegation from the European Parliament has thrown its weight behind efforts to revive negotiations for a free trade agreement between the Philippines and the European Union, signaling renewed momentum for a long-anticipated pact.
Filinvest Land Inc. (FLI) has secured Philippine Economic Zone Authority registration for Filinvest Innovation Park – Ciudad de Calamba (FIPC), formally entering the country’s expanding ecozone network and positioning Laguna as a magnet for high-value, export-driven industries.
More than P1.06 trillion in cumulative investments has poured into Philippine economic zones since 1995, cementing electronics as the backbone of the country’s manufacturing engine, according to Tereso O. Panga, director general of the Philippine Economic Zone Authority.
The Department of Agriculture through the Bureau of Plant Industry (BPI) has launched a large-scale program to expand the country’s ube (purple yam) industry, distributing over 60,000 planting materials worth nearly ₱2.6 million to 900 farmers in Bohol and Leyte. This is BPI’s first major ube planting material distribution under the High Value Crops Development Program, implemented in partnership with the Philippine Root Crop Research and Training Center (PhilRootcrops).
Investment banker Francis Yuseco has submitted a proposal to the Public Private Partnership (PPP) Center and Asian Development Bank (ADB) to combine high-speed passenger rail (capable of 300–400 km/h) with Philtrak’s patented road train technology for cargo transport.
Universal Health Care may be crafted in policy halls, but its success will ultimately be determined in barangays, clinics and communities where patients seek care every day.