Tag: PEZA

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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.

PEZA lands P83M IT investment in Davao

The Philippine Economic Zone Authority (PEZA) has secured another investment for the country's expanding digital economy, signing a registration agreement with Industry Shared Services Centre Inc. for an P83-million information technology project in Davao City that is expected to generate more than 290 direct jobs.

PNOC, PEZA eye Bataan energy hub partnership

The Philippine National Oil Co. (PNOC) is moving to unlock the commercial potential of its industrial estate in Bataan by tapping the Philippine Economic Zone Authority (PEZA), a partnership that could transform the property into an investment-ready energy hub while advancing the government's fuel security agenda.

PEZA clears path for Hann Reserve tourism project

The Philippine Economic Zone Authority (PEZA) has registered Hann Philippines Inc. as a Tourism Ecozone Domestic Market Enterprise, clearing the way for the continued development of its multibillion-peso Hann Reserve project in New Clark City.

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Getting the electric car right

A Toyota is not a car that makes you want to write poetry. It is a car you get into, press the start button, select Drive, and take wherever you need to go. No drama, no complicated rituals, no need to call the children over to explain how to operate the touchscreen.

JG Summit to buy 37B OPMC shares from unit

JG Summit Holdings Inc., the listed investment holding company of the Gokongwei Group, plans to acquire nearly 37.1 billion common shares in listed Oriental Petroleum and Minerals Corp. (OPMC) from its wholly owned subsidiary, consolidating its investment in the oil and gas company at the parent level.

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.

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