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 United Kingdom is wishing to become one of the Philippines' top investors considering the country’s wide market and the government’s measures to ensure easier access to conducting business transactions. UK Ambassador to the Philippine Laure Beaufils said UK "wants to...
SM Investments Corporation is optimistic about its prospects this year as it pushes forward with its expansion and growth plans to reach more communities. “We are investing in the future growth of the Philippines as it continues to present tremendous potential,” SM Investments Corporation...
The Board of Investments (BOI) has placed at $24.7 million the initial investments from the committed projects during the recent promotion drive in Switzerland. Trade and Industry Undersecretary Ceferino S. Rodolfo, who is also BOI managing head, said in a statement that the potential investments...
SM Investment Corporation’s logistics unit 2GO Group announced that it is now the country’s first to have mixed temperature vans that will boost the safe and secure transport of perishable goods. In a statement, the pioneer in less than container load (LCL) reefers in the Philippines said the...
The Semiconductor Industry Association (SIA), which is composed of the world’s electronics giants, has remained confident that the Philippines will remain a critical player in the global semiconductor industry and a major hub for semiconductor assembly and test manufacturing. SIA members visited...
A "yeoman", or a hard worker. House Speaker Martin Romualdez (left) and President Ferdinand "Bongbong" Marcos Jr. (Speaker's office, Facebook) That's how House Speaker Martin Romualdez described President Ferdinand "Bongbong" Marcos Jr.'s performance at the World Economic Forum (WEF), saying that...
The timing is right for President Ferdinand "Bongbong" Marcos Jr. to woo investors to the Philippines during his ongoing participation in the World Economic Forum (WEF). House Speaker Martin Romualdez (2nd from left) looks over to President Ferdinand "Bongbong" Marcos Jr. during their participation...
SATECO AG, one of the world's leading manufacturers of high-precision silicone keypads and silicone sensors, is already planning of expanding in the Philippines even if its state-of-the-art manufacturing operations in Pampanga is yet to come on stream later this year, citing rosy investment...
Metro Pacific Investments Corporation’s possible voluntary delisting from the Philippine Stock Exchange is among the options being discussed by the firm’s board of directors due to the low market price of its shares. In a disclosure to the bourse, MPIC said it “discusses several options...
The SM Group of companies bagged six trophies during the ASEAN Corporate Governance Scorecard (ACGS) Awards which was hosted by the Institute of Corporate Directors Philippines. In statement, the group said SM Investments Corporation, SM Prime Holdings Inc., BDO Unibank Inc., China Banking...
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...
