PEZA investment pledges surge 249% in Q1 2025

INVESTMENT PLEDGES in the Philippine Economic Zone Authority from January to March 2025 hit PHP58.95 billion, 249 percent higher than the PHP13.95 billion project registrations in the same period in 2024.

PH becoming preferred hub of firms relocating from China – PEZA

THE PHILIPPINES is becoming the new preferred destination in Southeast Asia for expansion of companies with presence in China, Philippine Economic Zone Authority (PEZA) Director General Tereso Panga said.

PEZA guidelines on pharmazones to boost investment, lower drug prices

THE PHILIPPINE Economic Zone Authority (PEZA) has issued guidelines for the establishment and registration of pharmaceutical economic zones (pharmazones) to streamline regulatory processes, reduce drug prices, and attract global pharmaceutical investors to the country.

PBBM creates 2 new special economic zones in Pasig City, Cavite

PRESIDENT FERDINAND R. Marcos Jr. has signed two proclamations creating special economic zones in Pasig City and Tanza, Cavite.

Shutdown of Red Sea route to hike shipping fees by 15%

THE SUSPENSION of shipping routes through the Red Sea will hike shipping fees and delay the trade of goods which may affect exporters from ecozones in the future, Philippine Economic Zone Authority (PEZA) Director General Tereso Panga said Friday.

PEZA OKs nearly P200-B projects in Marcos’ 1st year in office

THE PHILIPPINE Economic Zone Authority (PEZA) on Monday reported it approved projects costing PHP198.8 billion during the first year of the Marcos administration.

PEZA eyes more high-tech investments from Taiwan

THE PHILIPPINE Economic Zone Authority (PEZA) aims to attract more investments in high-technology industries from Taiwan following the country’s investment mission in the East Asian economy this week.

BPO remains key strategy to property market recovery

THE BUSINESS process outsourcing (BPO) industry is expected to usher recovery of the property market like what the sector did during the 2008 global financial crisis, according to Dom Frederick Andaya, Director for Office Services of Colliers Philippines.

Property demand seen to boost jobs in Cebu’s ‘call center hub’

CEBU CITY – Cebu has sustained its spot as one of the promising real estate markets in the Visayas, with economic recovery expected to generate more jobs as it drives up property demand moving forward, an industry official said.

PEZA pushes for expansion of Mactan Economic Zone

THE PHILIPPINE Economic Zone Authority (PEZA) wants to expand the Mactan Economic Zone (MEZ) in Cebu province as many existing locators expressed their plans to grow their businesses.