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Korea firms study viability of setting up shop in PH

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Twelve Korean companies have begun conducting due diligence in the Philippines to assess the viability of setting up manufacturing facilities and factories for semiconductor and electronics, as well as for food processing.

Posted: October 7th, 2014 in Headlines | Read More »

Electronic products make up 21% of PH import bill

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SCREENGRAB from www.seipi.org.ph

Semiconductor and electronic products remained the country’s second largest imports in July, accounting for $1.14 billion, or about 21 percent, of the total import bill that month, the Semiconductor and Electronics Industries in the Philippines Inc. (Seipi) said late Thursday.

Posted: September 27th, 2014 in Headlines,Latest Business Stories | Read More »

IMI eyes sale of shares

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Integrated Micro-Electronics Inc., the semiconductor and electronics manufacturing arm of the Ayala Group, is selling as much as P3 billion in shares this year at a premium to its market value to fund its expansion and a possible refinancing of debt.

Posted: September 26th, 2014 in Headlines | Read More »

Investment pledges approved by PEZA up by 25% to P72.4B from January to April

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Screen grab from peza.gov.ph website

Investment pledges approved by the Philippine Economic Zone Authority (PEZA) grew by 25 percent to P72.4 billion in the first four months of the year, due largely to the increasing number of foreign manufacturing companies that are setting up shop in the country.

Posted: May 1st, 2014 in Latest Business Stories | Read More »

Semiconductor firm sees 10% growth in ’13

Laguna-based semiconductor manufacturer Cirtek Holdings Philippines Inc. expects to grow its core business by 10 to 12 percent this year, outpacing peers in the industry, given a strong momentum seen in the first semester.

Posted: September 22nd, 2013 in Headlines | Read More »

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