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Philippines
Tuesday, December 31, 2024

6 firms lauded for contribution to PH economy

The Philippine Economic Zone Authority (PEZA) recognized six exceptional locator companies in December 2024 for their outstanding contributions to the economic growth.

PEZA director-general Tereso Panga said the agency is committed to sustaining a thriving business environment that drives economic growth, innovation and sustainability.

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“Through these awards, PEZA reiterates the vital role of private sector partners in shaping the country’s progress, and together, they continue to build a brighter, more prosperous future for the nation,” he said.

The honored companies include Denso Ten Philippines Corp., TDK Philippines Corp., Qiagen Manila, Inc., International Wiring Systems (Phils.) Corp., Canon Business Machines (Philippines) Inc. and the Philippine Associated Smelting & Refining Corp. (PASAR).

Denso Ten, TDK and Qiagen Manila received the Outstanding Community Projects Award for their impactful corporate social responsibility (CSR) initiatives. International Wiring Systems (Phils.) Corp. was awarded the Outstanding Exporter Award for generating over $300 million in export revenue.

Hall of Fame awardees TDK Philippines and Canon Business Machines received recognition for excellent environmental performance three years in a row since 2021 and for exceptional export performance, contributing over $202.66 million in export value, respectively.

PASAR also joined the Hall of Fame for its outstanding export performance reaching $2.754 billion in exports in 2024.

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