Andrea E. San Juan

THREE new ecozone enterprises which are into renewable energy development, manufacturing of chip power inductors, and IT services have recently registered with the Philippine Economic Zones Authority (Peza) with project cost of P98 million. According to the investment promotion agency, Peza Director General Tereso O. Panga signed the registration of…

THE Philippine government should provide incentives and craft “comprehensive” policies and strategies for local exporters amid the significant increase in trade restrictions implemented by developed economies, according to Filipino economists.

Safe and steel furniture manufacturer Promet (Asia) Inc. is investing over P1.5 billion in a facility inside the 250-hectare TECO Industrial Park in Pampanga, according to the Philippine Economic Zone Authority (PEZA).

Local auto parts makers said the unavailability of local raw materials and lack of testing facilities in the country, among others, are hampering parts localization in the Philippines.

A LAWMAKER wants Congress to expedite the passage of a measure which aims to increase the incentives and subsidies for local car manufacturers and parts makers.

EMPLOYERS Confederation of the Philippines (ECOP) President Sergio R. Ortiz-Luis Jr. warned against requiring businesses to hire persons with disabilities (PWDs), saying adding another law on top of the existing labor laws in the country could drive investors away from the Philippines.

THE Arangkada Philippines Project, the advocacy arm of the Joint Foreign Chambers (JFC), has unveiled its recommendations for government to address the “structural barriers” that limit Philippine air transport efficiency and competitiveness.

THERE are now 167 projects certified under the green lane valued at P4.457 trillion, according to the Board of Investments (BOI).

THE Philippine Economic Zone Authority (Peza) said it approved P186.09 billion in investments in the January to November 13, 2024 period, already surpassing the P175.71 billion in investment pledges recorded for full-year 2023.

Honda Cars Philippines Inc. said it is recalling 16,831 units from its 11 vehicle models to replace defective fuel pumps which could cause engines to stall or lose power.