Industrial News

The Philippine Economic Zone Authority (PEZA) has approved ₱18.6 billion worth of new and expansion projects during its board meeting on July 17, 2025 — marking a robust start to the second half of the year and bringing total approved investments to ₱90.96 billion from January to July 2025. This seven-month total represents a 100 percent year-on-year increase from the ₱45.48 billion posted in the first half of 2024. “This 100 percent surge in investment approvals in just seven months is a resounding vote of confidence in the Philippines as a competitive, resilient, and innovation-ready investment destination,” said PEZA Director [...]

President Ferdinand ''Bongbong'' Marcos Jr. held a meeting with top executives of the Semiconductor Industry Association during his official visit to the United States. Philippine Ambassador to the United States Jose Manuel Romualdez said the semiconductor sector is one of Manila's biggest industries with strong economic ties to Washington. Further, the Philippines is host to more than 500 electronics and semiconductor firms, including major American companies. In November 2023, Marcos said in a meeting with the SIA that the Philippines was ready to work with the group. Data from the Philippine Statistics Authority showed the US was the country’s top export [...]

MANILA – Mitsubishi Motors Corp.'s (MMC) has pledged to invest around PHP7 billion in the Philippines in the next five years, the Presidential Communications Office (PCO) announced Friday. The investment commitment was discussed when MMC President and chief executive officer Takao Kato made a courtesy call on President Ferdinand R. Marcos Jr. at Malacañan Palace in Manila on Thursday, according to the PCO news release. Marcos welcomed the MMC’s plan as this will create more jobs for Filipinos. "The jobs that it will provide, that your investment will provide, are very important to us and certainly, vehicle manufacture is one of [...]

The Philippine Economic Zone Authority (PEZA) has welcomed FUJIFILM Business Innovation as its newest locator, as the Japanese brand announced plans to build a Circular Manufacturing Center (CMC) within the premises of FUJIFILM Optics Philippines Inc. (FOPH) in Laguna. FOPH, a manufacturing site for imaging equipment within the Fujifilm Group, is set to produce remanufactured multifunction printers to meet the growing demand for sustainable printing solutions across the region. During the contract signing formalizing the expansion of the FOPH site’s capabilities, PEZA Director General Tereso Panga said, “FUJIFILM has been a valued PEZA locator since 2012, beginning with optical lens [...]

New facility for PANJIT in the Philippines to supply semiconductor components to key global manufacturers. PANJIT International Inc., a leading global manufacturer of discrete semiconductors and passive components, today officially inaugurates its state-of-the-art captive production line within the facility of Automated Technology (Phils.) Inc. (ATEC) in LISP1 Cabuyao City, Laguna, Philippines. This significant strategic investment is dedicated to the high-volume manufacturing of surface-mount device (SMD) packages, specifically the widely utilized SOT23 (Small Outline Transistor) and advanced DFN (Dual Flat No-Lead) types. These miniature, high-performance packages are essential building blocks in modern power management and control circuits found within electric vehicles [...]

Pasay City — Strengthening its vision of eco-zoning the Philippines towards inclusive and sustainable development, the Philippine Economic Zone Authority (PEZA) continues to spur countryside development through the creation of more ecozones, seen to facilitate the growth and development of our regions and attract new and strategic investments in the country. PEZA Director General Tereso O. Panga said, “As a medium-term strategy under the Philippine Development Plan, the ecozones will play a vital role in attracting the much-needed investments in the country, generating more jobs for Filipinos, and contributing in accelerating the nation’s socio-economic progress.” For the first half of [...]

Leading U.S. companies Apple, Ford, Medtronic, NVIDIA and SpaceX strengthen partnerships with TI to unleash the next era of American innovation NEWS HIGHLIGHTS: More than $60 billion investment includes seven U.S. semiconductor fabs across three manufacturing mega-sites in Texas and Utah supporting more than 60,000 new U.S. jobs Largest investment in foundational semiconductor manufacturing in U.S. history, building on TI’s almost-100-year legacy TI’s largest mega-site in Sherman, Texas includes investment of up to $40 billion dollars for four fabs: SM1 and SM2 – already underway – and two additional fabs, SM3 and SM4 Leverages TI’s strengths as a global technology [...]

Lipa-Malvar, Batangas — EPSON Precision Philippines Inc. (EPPI), the largest and pioneering locator in LIMA Estate, marks a significant milestone—30 years of successful operations that have not only fuelled the company’s growth but have also underscored the Philippines’ strategic position as a hub for high-value manufacturing. Since establishing its operations in LIMA Estate in 1997, Epson has grown its footprint to become the company’s largest precision plant in Asia. Today, its 33-hectare facility in Batangas houses three expansive factory buildings and employs over 20,000 people—one of the largest employer bases in the region. From LIMA, Epson assembles a diverse range [...]

MANILA, Philippines — American defense manufacturer Lockheed Martin’s offer of F-16 Block 70 fighter aircraft to the Philippines comes with the prospect of having an innovation hub for aerospace workforce development to support the country’s goal of a self-reliant defense industry. Jess Koloini, director of business development at Lockheed Martin’s Integrated Fighter Group, told the Inquirer during her recent trip to Manila that part of their tailored offer to the Philippines included the possible establishment of a facility similar to its Center for Innovation and Security Solutions in Abu Dhabi to help grow the readiness of the workforce needed in [...]

By Beatriz Marie D. Cruz, Reporter ABOITIZ INFRACAPITAL, Inc. (AIC), the infrastructure subsidiary of the Aboitiz group, said it expects up to 25 new locators in its LIMA Estate in Batangas, from sectors such as electronics, automotive, and consumer goods manufacturing. “Right now, we have about 120 operating locators, and about 20 to 25 more in different stages of construction,” Monica L. Trajano, vice-president for Business Development of Economic Estates, told BusinessWorld on the sidelines of the Aboitiz InfraCapital Economic Estates Industrial Summit 2025, a forum held last week. “There are still over a hundred hectares in various stages of development, with locators coming [...]