PLG Prime considers reopening factory in Bataan
American-Taiwanese luggage manufacturer PLG Prime Global Co. is considering setting up a manufacturing facility in Hermosa, Bataan, the Philippine Economic Zone Authority (PEZA) said.
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Philippine Economic Zone Authority
Also known as PEZA
The Philippine Economic Zone Authority (PEZA) is a government agency that promotes and regulates economic zones to attract investment and boost the economy. In 2025, PEZA registered Kawasaki Motors Development Center Cebu, Inc. as an IT enterprise in Mandaue City, aiming to enhance local innovation and contribute to sustainable development. PEZA also seeks reduced US tariffs and free trade agreements to mitigate tariff impacts and expand economic ties with Washington.
This is an AI-generated summary based on recent coverage.
Last updated at April 21, 2025.
Recent stories about PEZA
PhilCo invests PHP1B in coconut plant, Misamis Oriental
PhilCo Food Processing, Inc., a subsidiary of the Thai World Group of Companies, is investing over PHP1 billion in a coconut processing facility within the Phividec Industrial Estate in Misamis Oriental.
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PEZA investment pledges soar 294% to PHP58.947 billion in Q1 2025
Investment pledges to the Philippine Economic Zone Authority (PEZA) from January to March 2025 reached PHP58.947 billion, a 294 percent increase compared to the same period in 2024.
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PEZA attracts firms relocating from China due to US tariffs
Philippine Economic Zone Authority (PEZA) Director General Tereso Panga said that the Philippines is becoming a preferred destination in Southeast Asia for companies with operations in China, due to increasing tariffs imposed by the US on Chinese imports.
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Marcos meets Amkor CEO, discusses semiconductor growth
President Marcos expressed optimism about the continued growth of the Philippines' semiconductor industry during a meeting with Amkor Technology CEO Kevin Engel at Malaca帽ang Palace on Tuesday.
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PEZA approves PHP52.93B in investments, up 338% from 2024
The Philippine Economic Zone Authority (PEZA) has approved PHP52.93 billion in investment pledges from January to February 2025, marking a 338 percent increase from the same period in 2024.
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CREATE MORE IRR signed, boosts IT-BPM industry
The signing of the implementing rules and regulations (IRR) for the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (CREATE MORE) Act is expected to enhance the competitiveness of the IT-BPM industry.
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P.Imes expands medical equipment production with PHP1.8B investment
Japanese firm P.Imes Corp. is expanding its manufacturing operations in the Philippines with an additional PHP1.8 billion investment.
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ASEAN prison leaders meet in Puerto Princesa to address challenges and sign ecozone deal
Prison service leaders from ASEAN member-countries gathered in Puerto Princesa City on Friday for the 2nd ASEAN Regional Corrections Conference (ARCC) to address common challenges in penal systems.
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PEZA signs MOA with BuCor for Palawan Mega Economic Zone
The Philippine Economic Zone Authority (PEZA) signed a memorandum of agreement with the Bureau of Corrections (BuCor) on January 24 to develop a new Palawan Mega Economic Zone on over 2,000 hectares of land at the Iwahig Prison and Penal Farm in Puerto Princesa City.
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