The Philippine Economic Zone Authority (Peza) approved P14.93 billion worth of investments in May, with the lineup led by the P11.63-billion project by the United States-based solar technology firm Maxeon, which manufactures solar wafer cells. Data from the Peza released on Monday showed that its approved investments during the month soared by 405.78 percent compared to the P2.95 billion that was recorded in the same month in 2022. 'This brings Peza's total approved investments for the January to May period to P48.

https://business.inquirer.net/404133/peza-investments-soared-in-may-to-p14-93b

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