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...
President Ferdinand "Bongbong" Marcos Jr. has approved "crucial" projects and guidelines that will support the attainment of his administration's development goals as outlined in the Philippine Development Plan (PDP) 2023-2028. *President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate)* National...
Vice President Sara Duterte on Monday, May 29, hailed the Anti-Red Tape Authority (ARTA) for eliminating “unneccessary regulations” and simplifying procedures that help boost entrepreneurship and investments in the country. Vice President Sara Duterte delivers a video message during the 5th...
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)...
EDITORS DESK The Indo-Pacific Economic Framework for Prosperity (IPEF) hatched by the Biden administration speaks volumes of the US government’s dissatisfaction on the results of trade liberalization implemented by the World Trade Organization (WTO) and even on its own bilateral and regional free...
As Congress goes into a sine die adjournment on June 2 , the bill of Senator Robinhood C. Padilla seeking amendments to the 1987 Constitution, particularly its “restrictive” economic provisions, is practically dead. “Ang malungkot talagang yung apat na PDP-Laban ang sumasangayon dun sa...
ABAC Philippines will spotlight the critical role of micro, small, and medium-sized enterprises (MSMEs) in the global economy, and their relevance in business compliance to the environment, social, and governance (ESG) metrics. This was announced by Asia Pacific Economic Cooperation Business...
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...
Senator Robinhood "Robin" C. Padilla on Tuesday, May 23, lamented the decline of the Philippine sugar industry. During the Senate Blue Ribbon committee hearing on the alleged "state-sponsored" smuggling of 440,000 metric tons of sugar last February, Padilla noted that the Philippines exported sugar...
After more than two years of grappling with the effects of a deadly virus, President Ferdinand "Bongbong" Marcos Jr. said the Philippines can now shift its focus from fighting Covid-19 to developing the economy and improving the lives of Filipinos. *President Ferdinand 'Bongbong' Marcos Jr. (Noel...
Visiting Australian Foreign Minister Penny Wong announced that Australia would provide AU$89.9 million in Official Development Assistance (ODA) to the Philippines to support economic, education, and Mindanao peace programs. (From left) Foreign Affairs Secretary Enrique Manalo and Australian Foreign...
Aimed at providing an environment that will support innovators from health institutions in developing their technologies, the Department of Science and Technology - Philippine Council for Health Research and Development's (DOST-PCHRD) HeaRTNovation Hubs (H-Hubs) was recognized by the National...
