The Philippine Economic Zone Authority (PEZA) is taking a major step towards establishing more pharmaceutical ecozones in the country following an agreement with state-run Philippine Pharma Procurement Inc. (PPPI). The PEZA said it entered into a memorandum of understanding (MOU) with PPPI to...
The Philippine Economic Zone Authority (PEZA) said multiple foreign companies are already looking at potential investments in Palawan Mega Ecozone (PMEZ), which is still awaiting presidential proclamation to commence development. In a statement, PEZA said it is in talks with prospective investors...
The Philippine Economic Zone Authority (PEZA) expects to attract new investments from South Korean manufacturing and technology companies that have expressed interest in establishing operations within the country’s extensive network of ecozones. The PEZA, together with the Office of the Special...
Investment pledges approved by the Philippine Economic Zone Authority (PEZA) grew by 42 percent to over ₱170 billion from January to October, compared to the same period last year, driven by investor confidence in the country’s ecozone program. In a statement, the PEZA said it approved...
The Philippine Economic Zone Authority (PEZA) is on track to meet its ambitious target of welcoming up to 30 economic zones (ecozones) this year. With nearly two months left in the year, PEZA Director General Tereso Panga said the investment promotion agency still expects the presidential...
The Philippine Economic Zone Authority (PEZA) is partnering with the Home Development Mutual Fund, otherwise known as Pag-IBIG Fund, to provide affordable housing for PEZA employees and the broader ecozone workforce in the country. In a statement, PEZA Director General Tereso Panga said the...
In love, they call it the seven-year itch, but the Philippine coal moratorium barely made it to a five-year streak before jumping back into the arms of its toxic ex: King Coal! Missing the ‘dirty play’ that much, huh? It looks like we can’t quit this coal addiction, even as the planet begs...
SM Offices, a business unit of SM Prime Holdings Inc., has signed a Registration Agreement with the Philippine Economic Zone Authority (PEZA) confirming the Presidential Proclamation of SM City Santa Rosa IT Center as an Information Technology Economic Zone. Proclamation No. 944, signed by...
Investment pledges in the country’s economic zones (ecozones) approved by the Philippine Economic Zone Authority (PEZA) have surged to more than ₱150 billion from January to September as investors continue to affirm their confidence in the country’s business landscape. The PEZA said on...
The Philippine Economic Zone Authority (PEZA) has called on lawmakers to amend its 30-year-old charter to grant the agency more powers, thereby strengthening the country’s appeal among foreign investors amid growing competition in Southeast Asia. Jenny June Romero, group manager of PEZA’s legal...
South Korean-led investment firm Hann Philippines Inc. (HPI) has signed an agreement with the government to reclassify its soon-to-rise property in New Clark City as a special economic zone, making it more attractive for investors. In a statement, the Philippine Economic Zone Authority (PEZA)...
Investment pledges approved by the Philippine Economic Zone Authority (PEZA) have exceeded ₱100 billion in the first eight months of the year, fueled by strong investor confidence in the country. In a statement, the PEZA said it has approved investments worth ₱105.83 billion from January to...
