Figaro Coffee Group Inc. (FCG) is now aiming to go global by exporting Philippine coffee products after a subsidiary received its certification from the Philippine Economic Zone Authority (PEZA). In a disclosure to the Philippine Stock Exchange, the firm said Figaro Innovation and Development Inc....
An official from the National Task Force for the West Philippine Sea (NTF-WPS) stressed that China has no authority to conduct law enforcement operations within the Philippines’ exclusive economic zone (EEZ). National Security Council (NSC) Assistant Director General Jonathan Malaya National...
President Ferdinand "Bongbong" Marcos Jr. has designated several parcels of land in Maasim, Sarangani province for inclusion in the existing Kamanga Agro-Industrial Economic Zone. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Malacañang) It will be implemented through Proclamation...
China has asked countries whose territories it claims as its own to remain "calm"following objections it has already received from them in the release of its 2023 standard map. Wang Wenbin, China's Foreign Ministry spokesman, said concerned countries must "refrain from...
There is no existing agreement for the Philippines to remove the grounded BRP Sierra Madre from Ayungin (Second Thomas) Shoal and if there is, President Ferdinand “Bongbong” Marcos Jr. said on Wednesday, Aug. 9, that he is repealing any such agreement. President Ferdinand Marcos Jr. (Photo from...
The Philippine Economic Zone Authority (PEZA) has approved three new big-ticket Japanese projects worth P20.591 billion, bringing total Japanese investments in the country to P766.55 billion and generating 340,601 direct jobs for Filipinos. Fresh from his outbound mission to Japan last July 16-22,...
The Philippine Economic Zone Authority (PEZA) has partnered with NetGlobal Solutions Inc. (NGSI) for the establishment of a digital marketplace, the first business-to-business (B2B) e-commerce unified platform for PEZA locators. Director General Tereso O. Panga and NGSI Chairman and CEO, Peter G....
The Philippine Economic Zone Authority (PEZA) has further streamlined processes and requirements for the Presidential Proclamation of approved economic zone development projects. Tereso O. Panga PEZA Director General Tereso O. Panga said that the PEZA Board was approved on June 23, 2023 Resolution...
The Philippine Economic Zone Authority (PEZA) is further streamlining its requirements to speed up the presidential proclamation process for ecozone developments as 27 big ticket projects worth more than P40 billion are getting ready to offer locations to investors. PEZA Director General Tereso O....
The Philippine Economic Zone Authority (PEZA) Board has greenlighted 20 new and expansion projects in May worth P14.933 billion, keeping it on track with its conservative 10 percent growth target for the year. PEZA Director General Tereso O. Panga reported that the investment pledges in May brought...
Catanduanes State University (CatSU) is establishing two economic zones -- Knowledge, Innovation, Science and Technology (KIST) Park and Agro-Industrial Processing Zone – the first of its kind in the Bicol region with investments of P1.55 billion, the Philippine Economic Zone Authority (PEZA)...
Japanese firms urged the Philippine government to speed up the process of approving ecozone proclamation to be able to provide ready to occupy factory sites in light of the increasing number of Japanese firms expanding in the country. Philippine Economic Zone Authority (PEZA) Tereso O. Panga, who...