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....
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...
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...
The Philippine Economic Zone Authority (PEZA) has named Tokyo-based Mizuho Bank as the country’s latest investment promotion partner, a move to seen to boost Japanese investments into the country. PEZA Director General Tereso Panga said he has formalized this partnership through the signing of a...
Aboitiz Power Corp. (AboitizPower) announced that a subsidiary of its Therma Power Inc. will construct a battery energy storage system (BESS) in Cebu, which will be slated for commissioning by next year. In a statement, AboitizPower said Therma Power’s East Asia Utilities Corp. (EAUC) will soon...
Polish companies have expressed interest in investing in the country’s key sectors following the government’s investment mission to Poland, according to the Philippine Economic Zone Authority (PEZA). In a social media post, PEZA Director General Tereso Panga said the roadshow in Poland was part...
Investments approved by the Philippine Economic Zone Authority (PEZA) during the first half of 2025 rose 59 percent, as the government continues to position the country as an attractive investment hub. In a statement, PEZA said it has approved ₱72.36 billion in investment pledges from January to...
The Aurora Pacific Economic Zone and Freeport Authority (APECO) has secured additional land to develop an existing airstrip into a commercial airport, providing investors direct access to the ecozone. In a statement, APECO said it has sealed an agreement with the Chua Cham family to acquire 12...
The Marcos administration has proclaimed four new economic zones (ecozones) and expansions during the first half of the year, signaling the government’s ongoing drive to facilitate investments outside the country’s urban centers. During the period, President Marcos approved two expansion...
The Philippine Economic Zone Authority (PEZA) said it has signed a registration agreement with agricultural products supplier Superseed Agriculture Corp. (SAC) for the company’s manufacturing facility in Laguna. The agreement, which recognized SAC as an ecozone domestic market enterprise, was...
LIMA Infrastructure Inc., a subsidiary of Aboitiz InfraCapital Economic Estates, has been named as the government’s newest investment promotion partner, tasked with driving fresh investments into the country. In a statement, the Philippine Economic Zone Authority (PEZA) announced that it had...
The Philippine government has named the leading business chamber of Dongguan, China, as its newest investment promotion partner, signaling strengthened economic integration between the two countries. In a statement, the Philippine Economic Zone Authority (PEZA) said its top official, Director...
