Epson Precision Philippines Inc. (EPPI) is investing over ₱40 million to expand its Batangas manufacturing footprint beyond precision printing and into robotics, according to the Philippine Economic Zone Authority (PEZA). In a statement, the investment promotion agency said PEZA Director General...
Australian healthcare provider Kairos Care is looking at setting up information technology and business process outsourcing (IT-BPO) operations in the country to support its business, according to the Philippine Economic Zone Authority (PEZA). In a statement, the investment promotion agency said it...
Metro Manila’s office market lost momentum in the second quarter as the prolonged war in the Middle East prompted companies to postpone expansion plans and delay leasing decisions, prompting property consultancy Colliers Philippines to lower its full-year net take-up forecast despite...
The lifting of the seven-year moratorium on new Philippine Economic Zone Authority (PEZA)-accredited information technology (IT) parks and IT centers in Metro Manila is expected to ease the shortage of PEZA-compliant office space in the capital region as well as attract more technology and business...
The Philippine Economic Zone Authority (PEZA) approved nearly ₱152 billion in investment pledges in the first seven months of the year, driven by the strong performance of the country’s economic zones despite global and local headwinds. In a statement on Friday, July 24, PEZA reported...
Apexford International Corp. signed a registration agreement with the Philippine Economic Zone Authority (PEZA) on Monday, July 6, marking the logistics newcomer’s official entry into the country’s tax-incentivized economic zones. The agreement, signed by PEZA Director General Tereso O. Panga...
The Philippines’ progression to upper-middle income country (UMIC) status must push the government to commit to reforms that improve the ease of doing business in the country and encourage investment inflows, according to the Philippine Economic Zone Authority (PEZA). In a social media post, PEZA...
Business process outsourcing (BPO) firms are increasingly expanding beyond Metro Manila into key provincial cities as rising costs, congestion, and limited office space in the capital reshape the country’s office market as well as commercial real estate landscape, according to property...
Casino operator Hann Philippines Inc. (HPI) has secured government incentives for its flagship Hann Reserve project, backed by an initial investment of at least ₱10 billion, according to the Philippine Economic Zone Authority (PEZA). In a statement on Wednesday, July 1, PEZA said it signed a...
Investment pledges registered with the Philippine Economic Zone Authority (PEZA) nearly doubled to more than ₱140 billion from January to June compared with a year ago, as the country’s ecozone system continues to attract investors despite uncertainties in global supply chains. In a statement...
The Philippine Economic Zone Authority (PEZA) will formally ask President Marcos to lift the seven-year moratorium on the establishment of ecozones in Metro Manila, a move expected to encourage more investments in the information technology and business process management (IT-BPM) sector. PEZA...
Monde MY San Corp. (MMYSC), a subsidiary of food and beverage giant Monde Nissin Corp., is spending more than ₱5 billion to build a new manufacturing facility for its iconic SkyFlakes brand. In a statement, the Philippine Economic Zone Authority (PEZA) said it signed a registration agreement with...
