PHP72.36B in Peza investments, up 59.1% YOY
The Philippine Economic Zone Authority (Peza) reported PHP72.36 billion in investments from January to June 2025, marking a 59.1 percent increase over the same period last year.
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Tereso Panga
Tereso Panga is the Director General of the Philippine Economic Zone Authority (PEZA), focusing on attracting investments and promoting economic zones. He has been instrumental in negotiating power rates for Samsung's $1-billion investment and establishing new pharmaceutical zones to enhance healthcare accessibility. Under his leadership, PEZA has seen a significant surge in investment approvals and continues to support data center projects and FTAs to boost the economy despite geopolitical challenges.
This is an AI-generated summary based on recent coverage.
Last updated at May 15, 2025.
Recent stories about Tereso Panga
PEZA, LIMA partner to streamline investments
The Philippine Economic Zone Authority (PEZA) signed an agreement with LIMA Infrastructure Inc., an Aboitiz InfraCapital subsidiary, to enhance investor services and streamline regulatory processes.
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Marcos extends courtesy resignation order to GOCCs
President Ferdinand 'Bongbong' Marcos Jr. extended his order for courtesy resignations to officers of government-owned and controlled corporations (GOCCs) on May 26.
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Peza remits P1.39B dividends, marks second straight year over billion-peso mark
The Philippine Economic Zone Authority (Peza) remitted P1.39 billion in dividends from its 2024 earnings on Tuesday, marking a 1.86-percent increase over the previous year and bringing its total contributions to government coffers since President Ferdinand Marcos Jr's administration began to P3.68 billion.
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PEZA investment approvals soar 112% to PHP63.5B
Investment approvals by the Philippine Economic Zone Authority (PEZA) surged 112 percent to PHP63.5 billion from January to April this year, compared to PHP29.96 billion in the same period last year.
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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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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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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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