Tag: PEZA

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Dream Precision registers PEZA project for Batangas exports

Dream Precision Tech Corporation has registered as an ecozone export enterprise with the Philippine Economic Zone Authority (PEZA), with operations to be located at the Lima Technology Center – Special Economic Zone.

Expanded work-from-home rule eases pressure on IT-BPM firms

The IT and Business Process Association of the Philippines (IBPAP) welcomed the government’s approval of expanded work-from-home flexibility for registered business enterprises, saying the move offers immediate operational relief to companies and workers grappling with rising costs.

PEZA may adjust targets as investments fall 23% in Q1

Approved investments by the Philippine Economic Zone Authority (PEZA) fell 23 percent in the first quarter to P45.53 billion, down from P58.95 billion a year earlier, as global uncertainties tempered capital commitments.

P500M wellness plant set for Tarlac pharmazone

A P500-million wellness manufacturing facility is set to rise in Tarlac, as Goodfield International Trading Corp. invests in the country’s first pharmaceutical economic zone, the Philippine Economic Zone Authority (PEZA) said Tuesday.

Taiwan firms eye Philippine expansion, EV bus plant

Taiwanese manufacturers of electric vehicle (EV) buses are exploring plans to establish a production facility in the Philippines, with a potential capital outlay of about USD25 million, the Philippine Economic Zone Authority (PEZA) said.

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Middle East conflicts force another weekly spike in local fuel prices

Filipino motorists face yet another round of pump price increases this coming Tuesday, underscoring the ongoing volatility of domestic fuel costs driven by compounding international crises. According to Jetti Petroleum president Leo Bellas, gasoline prices are projected to rise between P1 and P1.50 per liter, while diesel prices could jump by P1.75 to P2.25 per liter. This upcoming price hike follows the previous week’s substantial surge of P2.49 per liter for gasoline, P3.84 for diesel, and P5.01 for kerosene, highlighting how rapidly fuel rates are creeping higher almost every single week.

Agri damage from habagat, 3 storms hits ₱1.79B

Damage to the agriculture sector from the southwest monsoon (habagat) enhanced by Tropical Cyclones Luis, Maymay, and Neneng has risen to ₱1.79 billion, the Department of Agriculture (DA) reported in its 10 a.m. advisory on August 22.

Batang Gilas runs out of gas, settles for eighth

Batang Gilas Pilipinas started with a spark but finished with the wrong kind of déjà vu.

DA escalates nationwide crackdown on counterfeit farm inputs to protect farmers, safeguard food security

The Department of Agriculture (DA) has launched a stricter, nationwide campaign against counterfeit, unregistered, adulterated, and illegally produced farm inputs, moving to shield farmers from financial and livelihood losses while ensuring fair competition for legitimate industry players.

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