The SM Group announced its commitment to capturing opportunities in the rapidly growing health and wellness market, as the Philippines continues to emerge as a key player in the global personal care and beauty industry. According to the Global Wellness Institute, the...
Coca-Cola Europacific Aboitiz Philippines (CCEAP) has started construction of a 42-hectare manufacturing facility in Tarlac City, which will become Coca-Cola’s largest production site in the Philippines and one of its biggest worldwide. Located within the Aboitiz...
First Balfour Inc., the construction and engineering arm of the Lopez Group, has launched an artificial intelligence (AI)-powered construction management system (CMS) to integrate project planning, execution, and monitoring into a single digital platform. The system,...
Instructure, a leading American educational technology company and developer of the Canvas Learning Management System (LMS), has chosen the Philippines as the location for its Asian regional hub, underscoring the country’s growing role as a center for digital...
Singapore’s Temasek Group, through its impact investment arm ABC Impact Fund II LP, has finalized a deal to acquire a 16% stake in Ayala Healthcare Holdings Inc. (AC Health), marking its first investment in the Philippines. Under the agreement, ABC Impact subscribed...
The European Union (EU), in collaboration with the Philippine Public-Private Partnership (PPP) Center and the Department of Environment and Natural Resources (DENR), has launched a major training initiative to help local government units (LGUs) develop green...
The Board of Investments (BOI) has endorsed Citadel Energy Corporation’s PHP 6 billion (USD 102 million) 180-megawatt solar power project in San Vicente, Camarines Norte, positioning it among the largest in the Bicol Region. The project, developed by Zenith Renewable...
The Philippine government has approved the allocation of 300 hectares of land within the Phividec Industrial Estate in Misamis Oriental for the development of a new naval base, marking a major step in strengthening national defense and regional industrial capacity in...
The Philippines is accelerating efforts to modernize its agricultural sector through digital innovation and capacity-building. The Department of Agriculture’s Agricultural Training Institute (ATI) is leading several initiatives to equip farmers and agricultural...
Japanese footwear retailer ABC-MART will open its first flagship stores in Manila in 2025 through a joint venture with SONAK Retail Group. The collaboration will introduce two concepts: ABC-MART Grand Stage and ABC-MART Standard, both located in Bonifacio Global City....
South Korean conglomerate HD Hyundai plans to begin shipbuilding operations in the Philippines early in 2026. The development follows the signing of a 10-year lease agreement between HD Hyundai Heavy Industries and private equity firm Cerberus Capital Management...
India-based iSON Group plans to invest up to USD 300 million over the next decade to strengthen digital infrastructure in the Philippines. The company intends to develop 3,000 to 4,000 new telecommunication towers, focusing on underserved rural areas. Through its...