The Canadian government has announced its decision to open an Indo-Pacific Agriculture and Agri-Food office in Manila, highlighting the important role the Philippines plays in its Indo-Pacific Strategy (IPS). The Canadian Embassy in Manila said the office is a joint...
The U.S. Marines and Sailors from across I and III Marine Expeditionary Forces participated in a Marine Aviation Support Activity (MASA) with the Armed Forces of the Philippines, particularly the Philippine Marine Corps (PMC) demonstrating the steadfast alliance...
European multilateral financial institution, European Investment Bank (EIB), expressed its interest to participate in key development projects in the Philippines. The EIB is jointly owned by the EU states mandated to provide funding for projects within and outside the...
Madrid-based offshore wind developer BlueFloat Energy announced that its largest planned offshore wind energy project will be located in the Philippines, with a capacity of 7.6 gigawatts (GW) which will be divided into four sites with capacities between 1.5 and 3.5...
The Asian Development Bank (ADB) has greenlit a momentous USD 1 billion loan to support the implementation of a city-wide public transport initiative in Davao City. As the first project of its kind in the Philippines to deploy electric bus fleets on a large scale, the...
State health insurer the Philippine Health Insurance Corporation (PhilHealth) plans to extend coverage for cervical cancer screening through the Konsultasyong Sulit at Tama (Konsulta) primary care package that covers preventive care including consultations, health...
Research by Procore Technologies Inc., a leading global provider of construction management software, shows that the Philippines is leading among surveyed Southeast Asian countries in plans to adopt data strategy in the construction industry. Propcore Technologies...
A study conducted by BMI, a Fitch Solutions Company, identified the Philippines as an emerging manufacturing hub in 2023. According to BMI, the Philippines’ exports are expected to increase by nearly 120% in 2023 compared to 2015. This estimate considers the...
According to a market research study organized by logistics solutions provider Locad Philippines with Cube Asia, e-commerce in the Philippines is anticipated to achieve a 15% growth, reaching USD 16 billion in 2023, from USD 14 billion in 2022, across all major...
Bucher Emhart Glass, a subsidiary of Swiss-listed engineering and manufacturing group Bucher Industries AG has announced an investment of MYR 108 million (USD 23 million) to build a manufacturing plant in the Johor state. The facility will produce 10% to 20% of the...
Malaysian Prime Minister Anwar Ibrahim has unveiled the plan to introduce two new energy roadmaps, namely the National Energy Transition Roadmap (NETR) and the Hydrogen Economy and Technology Roadmap (HETR) by the second half of 2023. The move is in line with the...
The Malaysian government has announced that the nation’s first Cyber Security Bill will be developed and introduced by the National Cyber Security Committee in 2023. The cyber security law is anticipated to enable improved enforcement and monitoring of cyber...
