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...
TACLOBAN CITY – Newly-elected Northern Samar second district Rep. Edwin Ongchuan has filed a bill institutionalizing the position of Local Economic Development and Investment Promotions Officer (LEDIPO) in all local government units (LGUs) in the Philippines. House Bill 602 seeks to amend...
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...
Most Filipinos struggle to safeguard their finances when natural disasters strike—a troubling reality for a country like the Philippines, which faces severe climate risks, according to the Organization for Economic Cooperation and Development (OECD). “Many people living in Cambodia and the...
Strengthening financial education and business planning among beneficiaries is seen as key to sustaining the impact of the Department of Labor and Employment (DOLE)’s livelihood assistance programs nationwide. DOLE said it is enhancing the capacity of regional implementers to ensure its...
The Philippines’ competitive ranking among its regional peers still leaves much to be desired, clinging to the 13th slot out of 14 economies in the Asia-Pacific region. While we’ve seen some advancement in productivity and efficiency, including management practices, the Swiss-based...
As it aspires to increase the share of renewable energy (RE) in its power mix, the Philippines drastically improved its ranking to 76th out of 118 countries in the World Economic Forum’s (WEF) 2025 Energy Transition Index (ETI). This year’s jump is a reversal of the country’s slide to 105th...
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 Economic Journalists Association of the Philippines (EJAP), the country’s premier organization of business journalists, announced it will hold its annual Infrastructure Forum on Monday, June 16, at the Fairmont Hotel in Makati City. The forum, themed “Government Infrastructure Program:...
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...