The President signed Proclamation No. 200 on April 14 promulgating a new IT park ecozone at Lacson Street in Banago, Bacolod City to be known as Robinsons Cyberpark Bacolod, with investment of P777.350 million. The President likewise approved Proclamation No. 402 last 19 April, designating several...
The healthcare information and management services (HIMS), the fastest growing segment in the IT-business process management (IT-BPM) industry, is eyeing a bigger pie in the $406 billion US healthcare services market to boost its growth. Philippine Economic Zone Authority (PEZA).Director General...
Tereso O. Panga, the newly appointed Director General of the Philippine Economic Zone Authority (PEZA), has outlined six priorities he committed the agency will pursue to promote more export-oriented investments in the economic zones. In his first State of the PEZA Address (SOPA) to its employees at...
The IT-Business Process Association of the Philippines (IBPAP), the umbrella group of IT and business process management firms operating in the country, has raised alarm bells on what it calls “severe talent crisis” in the country. IBPAP President Jack O. Madrid raised the “talent crisis”...
Economist-Congressman Joey Salceda only has good things to say about the permanent appointment of Tereso Panga as director-general of the Philippine Economic Zone Authority (PEZA). Salceda went as far to say that the move "will help stabilize investor sentiment". "Moving forward, I expect to...
Malacanang has ruled that Assistant Director General Tereso O. Panga will remain as officer-in-charge of the Philippine Economic Zone Authority (PEZA) until a new leader is appointed by the President. In a Malacanang directive issued on Jan. 23, 2023, Executive Secretary Lucas P. Bersamin said...
The Philippine Economic Zone Authority (PEZA) has approved the registration of the Filipino-owned MJ Landtrade Development Corp. for its P4.116 IT Center special economic zone project, bringing the agency’s total investment approvals in January to P6.393 billion. PEZA OIC Deputy Director General...
The Philippine Economic Zone Authority (PEZA) is confident that big-ticket projects will file their applications this year, including two Chinese steel projects, 13 US firms, electric vehicle manufacturers, and power generation firms, to support its 10 percent investment growth target for 2023....
The Fiscal Incentives Review Board (FIRB) has extended until Jan. 31, 2023 the deadline for the transfer of registration of Information Technology and Business Process Management (IT-BPM) firms from the Philippine Economic Zone Authority (PEZA) to the Board of Investments (BOI). FIRB announced...
The Department of Science and Technology (DOST), had a unique opportunity to show off its technologies that are at par with other global creations during the Consumer Electronics Show (CES) 2023 in Las Vegas, Nevada, and Business Mission in Silicon Valley, San Francisco, California from January 5...
American investments in the Philippine economic zones now stand at P402.827 billion from a total of 363 companies, mostly engaged IT and business process management and in various manufacturing sectors, making the US the Philippines third largest investor by national registered with the Philippine...
Various stakeholders of the Philippine Economic Zone Authority (PEZA) have endorsed to Malacanang Officer-in-charge (OIC) Deputy Director General Tereso O. Panga to stay on as leader of the agency that administers the country’s economic zones and their export-oriented locators. The endorsements...
