FDA and PEZA Introduces Pharmaceutical-Medical device (Pharma-Dev Zones) Ecozones to Accelerate Medical Manufacturing
The Philippine Economic Zone Authority (PEZA) is proud to unveil Pharmaceutical and Medical device Ecozones, an initiative aimed at enhancing the country’s medical manufacturing sector. These ecozones, outlined in the Ecozone Transformation Roadmap of the 2023-2028 Philippine Development Plan, mark a significant step forward in PEZA’s commitment to economic growth.
March 15, 2024
PBBM lauds Pag-IBIG for record-high P48.76B dividends declared for members in 2023
President Ferdinand R. Marcos Jr. lauded Pag-IBIG Fund anew as the agency declared P48.76 billion in dividends to be distributed to its members as earnings on their savings in 2023, the highest in its 43-year history. For 2023, Pag-IBIG Regular Savings earned an annual dividend rate of 6.55 percent while the Modified Pag-IBIG 2 (MP2) Savings gained an annual return rate of 7.05 percent, both record-highs since the pandemic. The Read More
February 29, 2024
PH, UK explore collaboration in defense, investment
February 19, 2024 (Quezon City) — Secretary of National Defense Gilberto C. Teodoro Jr. welcomed the United Kingdom’s Prime Minister’s Trade Envoy to the Philippines, Richard Graham CMG MP, during a courtesy call at the Department of National Defense (DND) on Monday. The discussion focused on shared security challenges, including the South China Sea, and potential avenues for collaboration in defense and investment. Both sides expressed interest in exploring joint Read More
February 27, 2024
DND, French Senate delegation highlight greenfield opportunities for broader cooperation
February 21, 2024 (Quezon City) – Secretary Gilberto C. Teodoro, Jr. met visiting French Senators from the France-Southeast Asia Interparliamentary Friendship Group, led by Mr. Olivier Henno, at the Department of National Defense (DND). Discussing developments in the Indo-Pacific region along with the similarities and interconnectedness of the region’s situation in Europe, the Philippine and French officials underscored the importance of respect for the rule of international law, including the Read More
February 26, 2024
DOST Supported Startup to Automate Notarization
With its capacity to digitally automate legal documents such as contracts, agreements, and credentials, the Supreme Court of the Philippines tapped Twala Inc., a funded startup of the Department of Science and Technology – Philippine Council for Industry, Energy and Emerging Technology Research and Development (DOST – PCIEERD) to digitize notarization in the Philippines. Twala Inc., a next-generation document management startup company, uses blockchain technology in digitizing records and is Read More
February 23, 2024
PEZA investment approvals up by 18.66% for the first 2 months
Pasay City – In the recent Board meeting held at LIMA Technology Center – Special Economic Zone (LTC-SEZ) in Malvar, Batangas, the Philippine Economic Zone Authority (PEZA) reported a total of PhP 12.096 billion in investments in the first two months of 2024, marking an 18.66% surge compared to the same period last year.
February 23, 2024