Committed investments registered with the Philippine Economic Zone Authority (PEZA) in April this year reached P20.566 billion, jumping by 162.37 percent from P7.834 billion in April 2022, and bringing total investments in the first four months to P33.094 billion, or 107.15 percent higher versus...
Export-oriented locators inside the First Philippine Industrial Park (FPIP) economic zone in the cities of Santo Tomas and Tanauan in Batangas are hiring over a thousand additional workers. The Lopez-led FPIP posted the employment opportunities during the “Sulong Buhay Job Fair” that FPIP held...
The Philippine Healthcare Information Management Services (HIMS) sector reported that it generated $85.9 million in closed deals and future contracts at the recent roadshows in the US, according to the Department of Trade and Industry (DTI). The domestic HIMS sector reported the results of their...
The Philippine Economic Zone Authority (PEZA) said a total of 93 British firms have registered with the agency with combined investments of P185.947 billion to date, providing jobs to 88,108 to Filipinos. PEZA Director General Tereso O. Panga also said that the British investments figure spanned...
A total of 1,370 IT business process management (ITBPM) firms with combined investments of P8.185 billion have transferred their registration to the Board of Investments (BOI) from other investment promotion agencies (IPAs) to continue enjoying fiscal perks even if they operate under the...
Exporters and the Philippine Economic Zone Authority (PEZA) said the revised rules on value added tax (VAT) zero rating on the local purchases of goods and services of exporters are expected to boost investor confidence in the country. PEZA Director General Tereso O. Panga said following the release...
A total of 1,370 IT business process management (ITBPM) firms with combined investments of P8.185 billion have transferred their registration to the Board of Investments (BOI) from other investment promotion agencies (IPAs) to continue enjoying fiscal perks even if they operate under the...
The President signed Proclamation No. 200 on April 14 promulgating a new IT park ecozone at Lacson Street in Banago, Bacolod City to be known as Robinsons Cyberpark Bacolod, with investment of P777.350 million. The President likewise approved Proclamation No. 402 last 19 April, designating several...
The healthcare information and management services (HIMS), the fastest growing segment in the IT-business process management (IT-BPM) industry, is eyeing a bigger pie in the $406 billion US healthcare services market to boost its growth. Philippine Economic Zone Authority (PEZA).Director General...
Tereso O. Panga, the newly appointed Director General of the Philippine Economic Zone Authority (PEZA), has outlined six priorities he committed the agency will pursue to promote more export-oriented investments in the economic zones. In his first State of the PEZA Address (SOPA) to its employees at...
The IT-Business Process Association of the Philippines (IBPAP), the umbrella group of IT and business process management firms operating in the country, has raised alarm bells on what it calls “severe talent crisis” in the country. IBPAP President Jack O. Madrid raised the “talent crisis”...
Senate President Juan Miguel F. Zubiri attended the signing of a lease agreement between Envirotech Vehicles, Inc. (EVT) and real estate developer Berthaphil, Inc., to cement EVT’s move to establish a manufacturing facility at the Clark Freeport Zone. EVT is a United States-based transportation...
