The Philippine Economic Zone Authority (PEZA) expects continued influx of investments into the country, following interest from several local government units (LGUs) in establishing new economic zones (ecozones), which are key drivers of trade and investment growth. PEZA Director General Tereso...
In today’s dynamic economic landscape, real estate is no longer just about developing land—it’s about creating complete ecosystems where industries, people, and communities can thrive together. At the forefront of this transformation are Aboitiz InfraCapital Economic Estates and Aboitiz Land,...
With just two days left before its potential passage into law, policy advocacy think tank Action for Economic Reforms (AER) is urging President Marcos to sign the proposed Konektadong Pinoy Act to democratize connectivity and bridge the digital divide. “We urge President Ferdinand Marcos Jr. to...
The Philippine Economic Zone Authority (PEZA) is expecting new investments from Taiwan after securing an investment promotion partnership with one of its largest commercial banks, Cathay United Bank (CUB). In a statement, PEZA said it has signed a memorandum of understanding (MOU) with CUB and...
Multinational biopharmaceutical giant AstraZeneca is poised to invest more than ₱7 billion over the next three years as part of its commitment to advance scientific innovation in the Philippines’ healthcare system, including the establishment of the country’s first health innovation hub....
Malacañang has issued an administrative order reorganizing the composition of the Economy and Development Council (formerly known as the NEDA Board) and its committees to strengthen government coordination in implementing socioeconomic policies and programs. Administrative Order No. 37, signed by...
A new chapter opens in Batangas’ first integrated business district as The Golf Range at Lima Estate breaks ground, with operations set to start in November 2025. The facility offers a straightforward blend of work and play for employees, residents, and visitors. Developed by Partners and...
The governments of the Philippines and Israel have both sent their economic team for the first meeting of its Joint Economic Committee, which looks to host first-round negotiations for a possible Free Trade Agreement (FTA) between the two countries. In a statement, the Embassy of Israel in Manila...
The Philippine Economic Zone Authority (PEZA) is capitalizing on the threatened 19 percent United States (US). tariff rate on Philippine goods, presenting it as a key incentive to draw in much-needed Japanese investments amid their recent decline. The Philippines is set to face a 19 percent...
A five percent economic expansion could be more difficult to achieve this year as Nomura, Japan’s largest investment bank and brokerage group, believes the United States’ (US) higher-than-expected tariffs on Philippine exports could massively weigh on growth. “We think the tariff rates set by...
The Philippine Economic Zone Authority (PEZA) began the second half of the year on a high note, with investment approvals surging by 100 percent by the end of July, amid growing confidence in the country as an investment hub. In a statement, PEZA said it has approved ₱90.96 billion worth of...
South Korean Ambassador to Manila Lee Sang-hwa said that there was a 4,000 percent increase in South Korea’s investment in the Philippines during the first quarter of this year because of the free trade agreement (FTA) that entered into force on Dec. 31, 2024. In a media luncheon on Tuesday,...
