A South Korean furniture maker is expanding its operations in the Philippines, shelling out P50 million to build a factory in the Clark Freeport Zone.

Punta Design Inc. President and CEO Byung Mo Lee signed a lease agreement with Arthur Tugade, president and chief executive officer of state-run Clark Development Corp. (CDC), covering the construction of a manufacturing hub in Pampanga’s freeport.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details