The Philippine Economic Zone Authority (PEZA) announced that President Ferdinand R. Marcos Jr. has declared two new economic zones located in Batangas province and Bacolod City, which are expected to bring in a total of PHP 1.64 billion (USD 29.3 million) worth of...
The Philippines, through the Department of Environment and Natural Resources (DENR), renewed its partnership with the United Kingdom on climate and environment during the 3rd UK-PH Climate Change and Environment Dialogue. The dialogue culminated in the signing of a...
According to the Philippine Dermatological Society (PDS), more training institutions in dermatology are needed outside the Philippine capital to meet the skin health concerns of Filipinos in the countryside. Currently, only 1,275 board-certified dermatologists are...
A consortium composed of six Filipino conglomerates and Global Infrastructure Partners (GIP), a US-based investment fund manager, has established the Manila International Airport Consortium (MIAC) and submitted a PHP 100 billion (USD 1.7 billion) unsolicited proposal...
Aqua-Spark, a global aquaculture investment fund based in the Netherlands, AgFunder, a global agrifood tech venture capital firm, and Son Tech Investment, a Vietnam-focused venture capital firm, have joined forces to invest via the AgFunder GROW Impact Fund in Tepbac,...
Local insurance firm EastWest Ageas Insurance President and Chief Executive Officer (CEO) Sjoerd Smeets said that with the lower level of financial literacy in the country compared to advanced economies, Filipinos are not keen on getting insurance coverage. However,...
The Philippines is projected to increase chicken and beef production and imports in 2023 due to rising demand. However, pork output and shipments are expected to decline due to African swine fever (ASF) and increased prices. According to the United States Department...
Hyphens Pharma International’s 1J5 DocMed Technology has partnered with the equity owners of Hoang Duc Pharmaceutical & Medical Supplies to establish a 51:49 joint venture, aiming at accelerating a B2B virtual medical hypermart for pharmaceutical supplies in...
German aerospace equipment manufacturing company Liebherr-Aerospace and Thailand-based REVIMA Landing Gear Services Asia Pacific have announced an expanded collaboration covering maintenance, repair, and overhaul (MRO) services for the Airbus A350’s Nose Landing...
The Department of Energy (DOE) welcomed Executive Order (EO) No. 21 issued by President Ferdinand R. Marcos Jr. as this will hasten the rollout of offshore wind (OSW) projects in the country by mandating policy and administrative framework for the optimal development...
CPF Global Food Solution Public Company Limited (CPFGS), a business unit of Thai F&B conglomerate Charoen Pokphand Foods Public Company Limited (CPF), has formed a joint venture with Japanese fresh fish retailer, Uoriki to import premium fresh fish and seafood...
Autoliv, a Swedish pioneer in automobile safety systems, has announced its plan to build a new state-of-the-art airbag cushion and fabric plant in Vietnam, serving Asia. The investment in the new textile facility is in response to customer demands and is intended to...
