President Marcos has designated new economic zones in Tanauan City, Batangas, and Iloilo City to spur investments, generate jobs, and support regional development. The designations were made through two proclamations signed on Jan. 6 by Executive Secretary Ralph Recto, by authority of the...
ILOILO CITY — President Ferdinand R. Marcos Jr. has approved a new special economic zone in Iloilo. Executive Secretary Ralph Recto announced this week that the President signed Proclamation No. 1128 that declared several parcels of land in Mandurriao District here as an information technology...
Thousands of new jobs in manufacturing and information technology (IT) are expected to be created after President Marcos approved new and expanded special economic zones in Batangas and Iloilo, Executive Secretary Ralph Recto said. “The new ecozones reinforce the Marcos Jr. administration’s...
Figaro Culinary Group is scaling up its manufacturing subsidiary to bolster its long-term growth strategy, positioning the company to move beyond traditional retail and enter the international export market. The publicly listed food and beverage operator announced that its wholly-owned unit,...
Executive Secretary Ralph Recto said the designation of new Special Economic Zones (SEZs) in Parañaque, Laguna, and Misamis Oriental will help accelerate job creation and attract future-ready industries across the country, following President Marcos’ latest proclamations. Recto said the areas...
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...
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...
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...
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...
In love, they call it the seven-year itch, but the Philippine coal moratorium barely made it to a five-year streak before jumping back into the arms of its toxic ex: King Coal! Missing the ‘dirty play’ that much, huh? It looks like we can’t quit this coal addiction, even as the planet begs...
