MANILA  -The Philippine Economic Zone Authority (Peza) on Monday said it had secured a fresh P10 billion worth of new investment commitments from Japan. Peza said these investment commitments resulted from the five-day trade mission in Japan last Aug. 28 to Sept. 2. The largest of these is a P7.2-billion investment commitment from electronics company TDK Corp., which is looking to have its first expansion beginning 2023 until 2026. The company, which manufactures biomagnetic sensors for monitoring heartbeats, will have a second expansion next year, according to Peza.

https://business.inquirer.net/420509/peza-secures-fresh-p-10-b-pledge-from-japan

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