The report from the US Department of Agriculture’s Foreign Agricultural Services (FAS) on the Philippines highlights promising growth as a market for US agricultural exports. Projections suggest that US export shipments to the Philippines will surpass the record-high...
The Philippine government has given the green light to a revised military modernization plan, dubbed “Re-Horizon 3,” allocating a staggering two trillion Philippine pesos, approximately USD 35 billion, over the span of a decade. This strategic initiative,...
Swedish home furnishing giant IKEA has announced its expansion into major cities across the Philippines, further solidifying its footprint in the country’s burgeoning market. Following the successful establishment of its “Collection Point” facility...
President Marcos expressed his commitment to strengthen the Philippines’ ties with Brazil in various sectors such as agriculture, trade, defense, and climate change. During the acceptance of credentials for the Brazilian Ambassador-designate, Marcos highlighted...
The Department of Health (DOH) aims to enhance healthcare accessibility for impoverished Filipinos by constructing 28 National Ambulatory and Urgent Care Facilities across strategic locations nationwide by 2028. Health Secretary Teodoro Herbosa highlighted the goal to...
The transformative impact of circular economy in meeting climate targets was highlighted during a forum organized by the Philippine Government and the United Nations Development Programme (UNDP) during the 2023 United Nations Climate Change Conference, or commonly...
The Philippines Department of Energy (DOE) has recognized offshore wind energy as one of its key focus within the nation’s renewable energy (RE) sector. In a statement in January 2024, DOE Undersecretary Rowena Cristina Guevara shared that a World Bank study...
KDDI Philippines, a subsidiary of Japan’s KDDI, confirmed that it will deploy telecoms infrastructure for the country’s first subway transport network. The telco company signed a contract with a French transport systems provider, Thales, to support its...
The Department of Budget and Management (DBM) in the Philippines is prioritizing cybersecurity as part of its digitalization efforts, allocating 20.92% of its PHP 2.5 billion (USD 44.6 million) ICT budget for cybersecurity projects. This commitment, announced by DBM...
Aviat Networks, a global provider of microwave transport and backhaul solutions headquartered in Texas, recently announced a strategic collaboration agreement with Indonesia-based wireless network operator PT Smartfren Telecom to deliver high speed, ultra-reliable...
Indonesia recently inaugurated Freeport’s expanded copper smelter in Gresik, East Java, coinciding with the government’s forthcoming permanent ban on copper concentrate exports. The USD 250 million project bolsters the processing capacity of Smelting, a...
Indonesian company Erajaya Active Lifestyle (ERAL) has forged a partnership with Malaysian golf specialist MST Golf to introduce golf retail to Indonesia, targeting the burgeoning market among millennials and Gen-Zs. With expectations of the market surpassing USD 1...
