Peza investments may top P300 billion despite headwinds

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The story "Peza investments may top P300 billion despite headwinds" was covered 18 hours ago by Business Mirror, a news publisher based in Philippines.

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Peza investments may top P300 billion despite headwinds - Business Mirror

Quick Summary:

THE Philippine Economic Zone Authority (Peza) may breach P300 billion in investments by next year despite geopolitical tensions and developments in the economies and governments of the country’s top investors.

These include products such as biopolymers—deemed the next-wave technology for plastics and silicon carbide—which can bring down the time needed to charge electric vehicle batteries to 20 minutes from the current 4 to 8 hours.“We were the ones who brought in this nano-filtration from Denmark.

Panga said the country could become an alternative site for firms exporting to the US which are currently located in China or Vietnam.