Day: May 29, 2025

Manila: The Philippine Economic Zone Authority (PEZA) is experiencing a resurgence under the administration of President Ferdinand R. Marcos Jr., with investment approvals from 2022 to April 2025 totaling PHP530.59 billion. According to Philippines News Agency, annual data reveals a consistent increase in PEZA-approved investments, with PHP140.7 billion in 2022, PHP175.71 billion in 2023, PHP214.18 billion in 2024, and PHP63.5 billion from January to April this year. If this upward trend continues, PEZA’s investments may reach or even exceed its historic peak of PHP312 billion set in 2012. In a video released Thursday, PEZA reported that President Marcos has proclaimed

Agusan del Sur: The Government Service Insurance System (GSIS) has earmarked over PHP22 million in emergency loans for its members and pensioners in La Paz, Agusan del Sur, following weeks of flooding and prolonged rains that disrupted livelihoods in the area. In a news release on Thursday, the state pension fund said applications will be accepted until June 15. According to Philippines News Agency, the loan facility is open to active GSIS members residing or working in La Paz, provided they have no due and demandable loans, are not on unpaid leave, have remitted premium contributions for the last six

Davao City: President Ferdinand R. Marcos Jr. announced that it is now time for former Negros Oriental Representative Arnolfo Teves Jr. to face the criminal charges filed against him, following his repatriation to the Philippines. The announcement came after a Philippine Air Force plane, carrying Teves, made a refueling stop in Davao City before proceeding to Villamor Air Base in Pasay City. According to Philippines News Agency, Marcos welcomed the decision by Timor-Leste to repatriate Teves. He shared that he was informed of this development by Timor-Leste Prime Minister Xanana Gusmo during the 46th Association of Southeast Asian Nations Summit