Tag: peza
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PEZA still confident it can meet P200-B investment goal
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THE PHILIPPINE Economic Zone Authority (PEZA) is still hopeful it could approve at least P200 billion worth of investments this year, despite the steep drop seen in the first half. The statement comes after the investment promotion agency (IPA) reported a 43.6% decline in approved investments to P45.48 billion in…
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PEZA investments plunge in June
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THE PHILIPPINE Economic Zone Authority (PEZA) approved P8.65 billion worth of projects in June, 73.4% lower than a year ago. In a statement over the weekend, the investment promotion agency said the PEZA Board approved 25 new and expansion projects at its June 28 meeting, up from 22 projects a…
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PEZA says it approved P6.87 billion worth of projects in May
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THE PHILIPPINE Economic Zone Authority (PEZA) approved 22 new and expansion projects worth P6.87 billion in May, with the value dropping 54% from a year ago. In a statement on Thursday, the investment promotion agency (IPA) said the approved investments last month are expected to generate $100.81 million in exports…
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3 German firms considering PHL expansions, PEZA says
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THE Philippine Economic Zone Authority (PEZA) said three German companies in the automotive, semiconductor, and pharmaceutical industries are planning to expand their Philippine operations. In a statement Sunday, the investment promotion agency (IPA) said it found out about the expansion plans after business-to-business meetings on a visit to Germany this…
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PEZA approves P15-B investments in April
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THE PHILIPPINE Economic Zone Authority (PEZA) approved 23 projects worth P15 billion, mostly in manufacturing, at its board meeting last week, its top official said. Of the 23 projects, eight were in manufacturing while six were in information technology and business process management (IT-BPM). The board also greenlit six economic…