USD 272 Million Investments Approved by PEZA Board in March 2021

USD 272 Million Investments Approved by PEZA Board in March 2021

The Philippine Economic Zone Authority (PEZA) Board has approved a total of 33 new projects in March 2021 – these are expected to bring about PHP 13.19 billion (USD 272 million) investments and generate 2,447 employment opportunities in host areas of the...

PH’s Largest Sardines Brand on Expansion Spree

The Philippines’ largest sardines brand, Mega Global Corporation, continues on its biggest expansion in the company’s history, a response to the double-digit growth in domestic demand for its products even before the pandemic. Moreover, the lockdowns that...
Philippines to Spend USD 5.8 Million for Railway Construction in 2022

Philippines to Spend USD 5.8 Million for Railway Construction in 2022

In a virtual conference, the Department of Transportation has revealed that it will be spending USD 5.8 million for railway projects in 2022. The government awarded 32 railway contacts by the end of 2020 and is expected to award a total of 65 contracts by with some...
IKEA to Open its Largest Store in the World in Manila by Q3/Q4 2021

IKEA to Open its Largest Store in the World in Manila by Q3/Q4 2021

Swedish furniture giant IKEA is on track to open its largest store in the world in Manila in the 3rd or 4th quarter of 2021. Towards the end of February 2021, it had already put up its iconic logo at the storefront of its Philippine flagship store at the Mall of Asia...