Tag: PEZA

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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.

PEZA nears hat of investment goa on manufacturing surge

The Philippine Economic Zone Authority (PEZA) has achieved nearly half of its P300-billion investment approval target for 2026 after first-half commitments almost doubled, signaling sustained investor confidence as global manufacturers continue shifting supply chains toward Southeast Asia.

DTI, DOF back PEZA expansion beyond IT hubs

The Department of Trade and Industry (DTI) and the Department of Finance (DOF) have approved the lifting of the moratorium under Administrative Order (AO) 18, clearing the way for more office developments to qualify as Philippine Economic Zone Authority (PEZA) economic zones and expanding location options for information technology-business process management (IT-BPM) investors.

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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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