Peza OKs P3-B Panasonic outlay in Laguna

MANILA, Philippines — The Philippine Economic Zone Authority (Peza) has approved more than P3 billion in new investments from Panasonic Manufacturing Philippines Corp., a deal seen to strengthen the company’s local home appliance production. Panasonic intends to operate as a domestic market enterprise and launch new projects at the Laguna Technopark. The plan is to