Passez à l'illimité avec Magzter GOLD

Passez à l'illimité avec Magzter GOLD

Obtenez un accès illimité à plus de 9 000 magazines, journaux et articles Premium pour seulement

$149.99
 
$74.99/Année

Essayer OR - Gratuit

PEZA Investment Approvals Soar to P52.93-B, Poised to Achieve 2025 Growth Target

The Philippine Star

|

February 28, 2025

On track to achieving its target of 9 to 10 percent investment growth this year, the Philippine Economic Zone Authority (PEZA) recorded an outstanding P52.933 billion in investments following its board meeting on February 20, 2025, at the PEZA head office.

PEZA Director General Tereso O. Panga stated, "PEZA's rising investments reflect its dedication to supporting various sectors and propelling the country's economic progress."

"By attracting projects from priority industries—such as emerging technologies in the EMS-SMS sector—and fostering strategic collaborations with the pharmaceutical industry, among others, PEZA continues to draw investments that stimulate regional economic growth and advance the nation's industrial landscape."

Trade Secretary and PEZA Board Chairman Cristina Aldeguer-Roque likewise highlighted the role of the CREATE MORE Act in this performance.

"The CREATE MORE Act is a game changer in the entry of foreign direct investments into the country, encouraging more international investors to come given the longer-set incentives being offered," she said.

YEAR-ON-YEAR PERFORMANCE

From January to February alone, the Agency achieved a staggering 337.58 percent increase in investment approvals, reaching P52.933 billion compared to P12.097 billion in the same period in 2024.

The approval of 39 new and expansion projects for this period also recorded a 39.29 percent rise from that of last year. Additionally, employment saw an impressive 209.02 percent surge, with 11,063 direct Filipino jobs expected to be created.

PEZA saw an increase in investments from domestic market enterprises, injecting P37.972 billion or 71 percent of the total investments approved for January to February 2025.

PLUS D'HISTOIRES DE The Philippine Star

The Philippine Star

PhilRice to roll out new DNA-tested rice seeds

The Philippine Rice Research Institute (PhilRice) is set to distribute rice seeds that have been tested with DNA (deoxyribonucleic acid) to local farmers, the latest measure in the government's efforts to develop the country’s rice sector.

time to read

1 mins

September 27, 2025

The Philippine Star

The Philippine Star

IT'S A SEASON FOR TIMELESS PIECES

Crate and Barrel unveils its newest collection, a harmonious balance of design-forward elegance and everyday practicality for the cozy season.

time to read

1 min

September 27, 2025

The Philippine Star

Opong displaces thousands in Quezon

Up to 8,280 families sought shelter in various evacuation centers as Severe Tropical Storm Opong battered villages in this province yesterday.

time to read

1 mins

September 27, 2025

The Philippine Star

Argentina reels as 3 women tortured, murdered live on Instagram

The brutal torture and murder of two young women and a girl, broadcast live on Instagram, rocked Argentina on Thursday, where investigators suspect punishment killings by narco bosses.

time to read

1 min

September 27, 2025

The Philippine Star

The Philippine Star

ALI rolling out P4.4-B commercial lots in Tarlac

Property giant Ayala Land Inc. (ALI) is preparing inventory worth P4.4 billion for the third phase of commercial lot rollout at its 290-hectare Cresendo estate in Tarlac.

time to read

1 mins

September 27, 2025

The Philippine Star

Puregold unveils Roblox platform for shoppers

As it expands its footprint in the real world, leading supermarket chain Puregold Price Club Inc. is also making waves in the metaverse, engaging new customers in a fun and rewarding way through its very own game on Roblox.

time to read

1 mins

September 27, 2025

The Philippine Star

The Philippine Star

FROM THRILLS TO FANDOM FEELS: PINOY FILMS PACK A PUNCH AT THE CINEMAS

There are many weekends when going to the movies here feels like stepping into a global spectacle. Hollywood blockbusters, billion-dollar franchises, streaming buzz.

time to read

4 mins

September 27, 2025

The Philippine Star

DPWH orders North Manila engineer to explain flood project

The district engineer of the Department of Public Works and Highways — North Manila District Engineering Office was ordered to explain the alleged irregularities at the Sunog Apong Pumping Station flood control project in Tondo, Manila, the DPWH said yesterday.

time to read

1 min

September 27, 2025

The Philippine Star

ANDRES ON DEBUT FILM 'MINAMAHAL' WITH ASHTINE: IT WAS A MAGICAL FEELING

BEFORE THE SCREENING OF “ΜΙΝΑMAHAL: 100 BULAKLAK PARA KAY LUNA” BEGAN, director and writer Jason Paul “JP” Laxamana gave a lighthearted “warning” to the moviegoers: expect squeals of kilig throughout the movie.

time to read

4 mins

September 27, 2025

The Philippine Star

Israel won't annex West Bank, Trump vows

US President Donald Trump vowed on Thursday to stop Israel from annexing the West Bank as he presses to end the Gaza war, ahead of a high-stakes visit by Israeli Prime Minister Benjamin Netanyahu.

time to read

1 min

September 27, 2025

Listen

Translate

Share

-
+

Change font size