ILOILO CITY — More than 2,100 personnel have been deployed to world-famous Boracay Island to secure the Senior Economic Officials’ Meeting (SEOM) of the Association of Southeast Asian Nations (ASEAN) starting Wednesday, Dec. 10. Police Regional Office-6 chief Police Brig. Gen. Josefino Ligan is...
The Philippines and the United Arab Emirates will soon sign a Comprehensive Economic Partnership Agreement (CEPA) to further strengthen bilateral relations and open up new opportunities for economic ties. This was announced by UAE Ambassador to the Philippines Mohamed Alqataam Alzaabi and...
The Philippine Economic Zone Authority (PEZA) is taking a major step towards establishing more pharmaceutical ecozones in the country following an agreement with state-run Philippine Pharma Procurement Inc. (PPPI). The PEZA said it entered into a memorandum of understanding (MOU) with PPPI to...
One of the persistent challenges in tertiary education is bringing industry learning closer to students, allowing them to see textbook theories applied in real-world settings and preparing them more effectively for professional practice. In a landmark partnership, Batangas State University...
The Philippine Economic Zone Authority (PEZA) said multiple foreign companies are already looking at potential investments in Palawan Mega Ecozone (PMEZ), which is still awaiting presidential proclamation to commence development. In a statement, PEZA said it is in talks with prospective investors...
Amid weakening economic sentiment, fueled by corruption issues, a political economist has floated the prospect of constitutional reform to end protectionist clauses that heavily favor Filipino ownership and goods. Calixto Chikiamco, president of think tank Foundation for Economic Freedom (FEF),...
The Philippine Economic Zone Authority (PEZA) expects to attract new investments from South Korean manufacturing and technology companies that have expressed interest in establishing operations within the country’s extensive network of ecozones. The PEZA, together with the Office of the Special...
Investment pledges approved by the Philippine Economic Zone Authority (PEZA) grew by 42 percent to over ₱170 billion from January to October, compared to the same period last year, driven by investor confidence in the country’s ecozone program. In a statement, the PEZA said it approved...
The Philippine Economic Zone Authority (PEZA) is on track to meet its ambitious target of welcoming up to 30 economic zones (ecozones) this year. With nearly two months left in the year, PEZA Director General Tereso Panga said the investment promotion agency still expects the presidential...
BAGUIO CITY – This city registered a 5.8 percent economic growth in 2024 and remains the fastest growing economy among all Cordillera provinces and highly urbanized cities, the Philippine Statistics Authority-Cordillera said. PSA-Cordillera Chief Statistical Specialist Aldrin Federico Bahit Jr....
The Philippine Economic Zone Authority (PEZA) is partnering with the Home Development Mutual Fund, otherwise known as Pag-IBIG Fund, to provide affordable housing for PEZA employees and the broader ecozone workforce in the country. In a statement, PEZA Director General Tereso Panga said the...
The Swedish government’s grant of $1.3 million for the Subic-Clark-Manila-Batangas (SCMB) railway project under the Luzon Economic Corridor underscores the strengthened cooperation between Sweden and the Philippines, its ambassador said. The Swedish Embassy in Manila, in a statement on Wednesday,...