New committed investments approved by the Philippine Economic Zone Authority (PEZA) in January this year soared 139 percent, but there are still over 300,000 workers displaced from the continued non-operation of more than 300 locators. PEZA Director General Charito B. Plaza said in her State...
The Philippine Economic Zone Authority (PEZA) and the Philippine National Police have signed the Implementing Rules and Regulations (IRR) of the Joint Industrial Peace and Concern Office (JIPCO) to ensure industrial peace in various economic zones in the country. Director General Charito...
The Philippine Economic Zone Authority (PEZA) is investigating the alleged smuggling of cigarettes into one of its economic zones in Cavite. PEZA Director General Charito “Ching” Plaza said in a statement that on January 18, 2021, the Manila International Container Port (MICP) apprehended 2x40...
Investment pledges approved by the Philippine Economic Zone Authority (PEZA) for the entire 2020 reached only P95.03 billion, 19.12 percent lower than the P117.5 billion in 2019 as Filipino investments declined, constrained by the pandemic and prolonged lockdowns. PEZA Director General...
Investment pledges approved by the Philippine Economic Zone Authority (PEZA) fell 19 percent as of November this year as the pandemic discouraged investors to expand and commit for new projects. PEZA Director-General Charito B. Plaza reported that for the January-November period this...
The Philippine Economic Zone Authority (PEZA) has given the Green, Healthy, Smart, and Sustainable Ecozone Award to Lopez-led First Philippine Industrial Park (FPIP) for its “notable commitment to promoting healthy industrialization and sustainably-designed, smart, and green economic zone.”...
Dyson, the world’s leading advanced technologies firm, yesterday announced the setting up a dedicated software laboratory in the Philippines to expand its operation in the production of intelligent and advanced machines with embedded software, firming up the country’s major role in the...
Sixty-seven new projects with potential investments of P18.8 billion were approved by the Philippine Economic Zone Authority (PEZA) in October-November period as the government’s export-oriented investment generating arm gears up to exceed P100 billion investments level in approved investment...
A Saudi pharmaceutical firm is pursuing its plan to manufacture basic medicines in the country with investments of $30 million, according to the Philippine Economic Zone Authority (PEZA). PEZA Director General Charito B. Plaza divulged during a Senate hearing for the 2021 budget of the...
Investment pledges approved by the Philippine Economic Zone Authority (PEZA) continued to pour albeit at a slower pace, reaching P72.645 billion only as of October this year or 26.86 percent lower than the P99.322 billion approvals in the same period last year. PEZA Director General Charito B....
Prospects for the electronics sector has brighten up with Semiconductor and Electronics Industries in the Philippines Foundation Inc. (SEIPI) now projecting a 7 percent growth in 2021 and an upgraded growth projection for 2020 from negative 15 percent to only 5 percent contraction. SEIPI President...
The Philippine Economic Zone Authority (PEZA) has launched the PEZA Academy in partnership with 29 state universities and colleges (SUCs) on top of 10 Special Economic Zone (SEZ) Institutes amid the pandemic as it strengthened skills development training program for ecozone workers and creating a...
