PEZA Investment Approvals up by 107.15%in April

Pasay City – With strengthened investment promotion and facilitation efforts, the Philippine Economic Zone Authority (PEZA) has recorded an increase of 107.15% in investments for the January to April period.

“From January to April 2023, PEZA has approved a total of 60 new and expansion projects worth Php 33.094 Billion investments, which is 107.15% higher as compared to the Php 15.975 Billion approved investments on the same period in 2022,” reported PEZA Director General Tereso O. Panga.

For the same period, the projects are also expected to generate about US$ 1.012 billion exports and create 7,469 direct jobs.

April Board approval
This comes as the PEZA Board greenlighted 14 new and expansion projects expected to bring in PhP 20.556 Billion investments and create2,233 jobs.

Among these 14 projects, seven (7) are into logistics service enterprise, four (4) into export manufacturing, and three (3) IT enterprises. These projects will be located in Baguio, Cavite, Laguna, Batangas, Cebu, and South Cotabato.

The biggest project pre-qualified by the PEZA Board for FIRB approval is engaged in the manufacturing of biomass fuel products made from Buyo-buyo(Piper aduncum-shrub), with investments worth PhP 19.701 Billion.

Increase in PEZA exports

For the first quarter of the year, PEZA also recorded a total of US$ 15.753 Billion actual exports despite the recent report of the Philippine Statistics Authority (PSA) on widening trade deficit.

Panga said, “In March alone, we have generated US$5.396 billion export revenues which account for 82.65% of the total country's US$6.528 Billion exports in March this year.

Strengthened investment promotions

“We believe that we are now reaping the results of the ongoing investment missions of President Ferdinand Marcos and his administration’s investment initiatives and it is now up to us to follow through the pledges,” explained Panga.

The PEZA Chief noted, “We remain positive that more investments will come to the Philippines withthe big-ticket investments that we secured during the President's visits to Japan, US, and Switzerland among others.”

The US$1.3 billion in investment pledges and 6,700 jobs generated from the President's trip to the US is an indication of the American investors' renewed interest in the country. Based on the investment climate statement on the Philippines by the US Department of State, “The business environment is notably better within the special economic zones, particularly those available for export businesses operated by PEZA, known for its regulatory transparency, no red-tape policy, and one- stop shop services for investors.”

With the recently working visits of the President and his key cabinet and business delegation to the US, UK, Indonesia, Panga stated that, “We hope to attract FDI in advanced manufacturing, EV industry, RE development, mineral processing, regenerative agriculture, and frontier technologies particularly in digital health, fintech, blockchain, AI and big data—to boost our mix of industries and value-adding in the ecozones.” 

Panda Express® Expands Outside NCR with First Store in South Luzon

MANILA, Philippines. March 23, 2023. –  Panda Express® is finally bringing its signature dish The Original Orange Chicken® outside Metro Manila. The world’s largest American Chinese dining concept has made its way to the Land of the Brave and is opening its first store in Tanza, Cavite on March 24 —marking its first location in South Luzon. 

Panda Express invites all hungry Caviteños and Caviteñas to visit its maiden branch in the province located at SM City Tanza, which will be open from 10 a.m. to 9 p.m. daily, to experience the mouth-watering bold flavors of its wok-cooked dishes with Chinese and Sichuan influences. 

“We are thrilled to open our first restaurant in Cavite and in South Luzon as we continue to expand in the Philippines to make it more convenient for our guests to enjoy Panda Express’ world-famous American Chinese dishes,” said Doug Stalgren, Vice President of Panda Express International Business Development. “We can’t wait to welcome our fans on the opening day.”

From entrees to appetizers to sides, Panda Express offers a variety of scrumptious menu choices cooked with fresh, quality ingredients every day that leave its guests wanting for more. Among them is Panda’s  top seller, The Original Orange Chicken, which is prepared with crispy boneless chicken bites wok-tossed in its signature sweet and spicy Orange Sauce. 

In time for Lent, the new branch also offers meat-free options for Christians and Catholics choosing to abstain from eating meat during this period. Some of their meatless options include: 

• Honey Walnut Shrimp: One of its award-winning entrées, this dish is made with large tempura-battered shrimp wok-tossed in a honey sauce and topped with glazed walnuts.

• Savory Shrimp: Another beloved shrimp recipe, this dish is inspired by the flavors of Hunan cuisine. It features premium, juicy shrimp, stir-fried with onions, green beans and bell peppers in a savory sauce that adds a beautiful burst of color, textures, and flavors. 

• Kung Pao Fish: This Sichuan-inspired dish is a close cousin of another classic American Chinese staple, Kung Pao Chicken. It’s a divine combination lightly breaded, crispy boneless fish,a variety of freshly-cut vegetables and peanuts, all tossed in a savory sauce. 

• Eggplant Tofu: A good source of protein, this entrée is made with lightly browned tofu, eggplant, and red bell peppers tossed in a sweet and spicy sauce.

Deals and treats await Panda Express guests with the first 30 customers in line during the opening day able to receive free Panda Bears. Exciting freebies also await those who will visit the Cavite branch via dine-in or take out from March 24 to 26.

Panda Express SM City Tanza is also available for long distance delivery via GrabFood, foodpanda, and order.pandaexpress.com.ph.

Panda Express is also going full speed ahead with its expansion this year with a new drive-thru branch in the pipeline, which is expected to open in Pacita, San Pedro, Laguna next month. This will become the first Panda Express store to have a drive-thru lane in South Luzon. 

For more information about Panda Express®, visit www.facebook.com/PandaExpressPH/ (Facebook) and @PandaExpressPH (Instagram).

In time for the season of Lent, Panda Express got your meat-free menu covered with its Savory Shrimp, Honey Walnut Shrimp, Kung Pao Fish, and Eggplant Tofu. 

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About Panda Express® 

 

On a mission to inspire better lives, Panda Express® is the largest Asian dining concept in the world. Family-owned and operated since 1983 by co-founders and co-CEOs Andrew and Peggy Cherng, Panda Express is best known as a trailblazer for creating a wide variety of industry-first recipes, including its best seller The Original Orange Chicken® and award-winning Honey Walnut Shrimp, which have defined the category of authentic American Chinese cuisine. Each entrée at Panda Express, including the Wok Smart selections, is thoughtfully crafted with quality ingredients, and inspired by bold Chinese flavors and culinary principles. The restaurant brand has more than 2,500 locations and has introduced American Chinese cuisine to twelve international countries. Visit www.facebook.com/PandaExpressPH/ (Facebook) and @PandaExpressPH (Instagram) for more information.

XTREME Appliances Grand Opening Day Promo, Get up to 67% OFF

Cavite, Philippines (February 16, 2022) - XTREME Appliances is launching its newest Concept Store located at Divimall, Anabu, Imus. The star-studded event was attended by celebrities, influencers, and media publications who enjoyed a day of fun activities, raffle draws, and appliance shopping.

In line with this, customers got a chance to buy 3.5L XTREME Home Digital Air Fryer for only ₱999 and 600ML XTREME Home Personal Blender for ₱199 on its opening day. The said promo runs for three (3) days which gives the first ten (10) customers daily a chance to get the said appliances at an irresistible price. This is on top of their six-day exclusive promotion (February 16-21, 2022) where customers can enjoy up to 67% off on select products. Despite the influx of customers, who wanted to have first dibs on affordable yet premium quality home appliances, the management made sure to strictly implement safety health protocols. Staff and customers maintained proper social distancing and wore face masks inside the store.   

XTREME Appliances Heart’s Day Promo

Gift-giving is one of the most common ways for Filipinos in expressing their love and affection to their loved ones this love month. XTREME Appliances, the country’s leading one-stop shop appliance brand, is helping you find the perfect gifts through their latest campaign, Heart’s Day.

From February 16 to 21, customers can get 10% discounts on all XTREME Appliances products across all participating concept stores nationwide.

To make the love month more enjoyable for all customers, participating concept stores will launch a Karaoke Challenge to all interested customers who want to show their singing skills. Other exciting surprises and fun activities await loyal customers.

JKEPS Naic	SylPaulJoyce Ibaan
Jhunpyo Cogeo	SylPaulJoyce Silang
Jhunpyo Montalban	A2RJ Guitnang Bayan (San Mateo)
SylPaulJoyce Cubao	A2RJ Montalban
SylPaulJoyce Lipa	Jonalyn's Mariveles Branch 1
SylPaulJoyce Lemery	Vizcaya Balita
SylPaulJoyce San Pablo	XTREME Appliances Concept Stores

Meanwhile, from February 22 to 28, 10% discounts will also be available at XTREME Appliances store partners nationwide. Find the nearest XTREME Store in your area here: https://www.xtreme.com.ph/pages/store-locator

PUMADYAK MULA CALOOCAN HANGGANG MARAGONDON PARA MAMASYAL

Meron bang magagandang pasyalan sa parteng ito ng Cavite? Aking nadiskubre na Oo meron, mula sa mga magagandang lugar na parte ng ating kasaysayan hanggang sa mga obra ng magagaling na iskultor lalo na ang mga inukit ng inang kalikasan.

Pumadyak ako papuntang Maragondon Cavite kung saan may magkakalapit na mga attractions na pwedeng puntahan: Maragondon Church, Museo ng Paglilitis ni Andres Bonifacio, Caingin Hanging Bridge, at Maragondon Stone Carvings may nakilala akong kapadyak at pumunta kame sa Bucana Beach Resort sa Ternate matapos nun ay bumalik kami ng Maragondon para pumunta sa Pantihan Falls sa pag uwi nakadaan pa kame sa Bypass ng Maragondon na maganda din ang tanawin Samahan nyo ako sa bike adventure ko na ito, panoorin nyo ang aking video. https://youtu.be/j_UtYcnujqo

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