INVESTMENT approvals surged in the first quarter on the back of new fiscal incentives under the Create More Act, the Philippine Economic Zone Authority (PEZA) said on Wednesday. The investment promotion agency said that it had approved 66 new and expansion projects worth P58.94 billion, 294.2 percent higher than the P14.95 billion recorded in January-March last year. If realized, the projects are expected to generate $497.461 million in exports and approximately 16,000 jobs. The investment approvals also represent nearly a quarter of the PEZA's P235-P250 billion target for 2025.   https://www.manilatimes.net/2025/04/03/business/top-business/investment-approvals-up-294-in-q1-peza/2085369 (ICE SINGAPORE)

Fonte notizia: The Manila Times, 3 April 2025