French firms are stepping up their interest in the Philippine market amid ongoing EU-Philippines free trade agreement (FTA) talks and the launch of direct Air France flights between Manila and Paris. According to the French Chamber of Commerce and Industry, major...
The World Bank has approved a USD 800 million loan to support the Philippine government’s ongoing shift toward clean energy and greater climate resilience. The funding will underpin key policy reforms focused on expanding the use of renewable energy, improving...
The University of the Philippines-Philippine General Hospital (UP-PGH) Cancer Institute has inaugurated two new facilities — the Center for Precision Medicine and the Next Generation Sequencing Unit — in a major step toward advancing gene-based cancer care in the...
Hydrogène de France (HDF Energy) has signed a Memorandum of Understanding (MoU) with the Philippine Department of Transportation (DOTr), with support from the Mindanao Development Authority (MinDA), to develop green hydrogen infrastructure and roll out hydrogen-based...
Cebu Mitsumi, a subsidiary of Japan’s MinebeaMitsumi Group, has officially broken ground on a new PHP 7.3 billion (USD 128 million) advanced production facility in the MRI Special Economic Zone, Danao City, Cebu. The 5,000 sqm expansion, featuring a Class 10,000 Clean...
The Philippine Department of Agriculture (DA) is strengthening its cooperation with South Korean agricultural machinery manufacturers to support the development of a 20-hectare Korea Agriculture Machinery Industry Complex (KAMIC) in Nueva Ecija. Led by Secretary...
Italian shipbuilder Fincantieri and Germany’s ThyssenKrupp Marine Systems (TKMS) have signed an Industrial Cooperation Agreement to jointly offer U212-class submarines to the Philippine Navy. The agreement is part of the companies’ broader strategy to participate in...
The Philippine Space Agency (PhilSA) recently hosted a high-level delegation from the European Union (EU) and 17 EU Member States to highlight ongoing space cooperation under the EU’s Global Gateway strategy. The visit on April 2, 2025, focused on initiatives that...
Vertiv, a US-headquartered provider of digital infrastructure solutions, has launched a regional training facility in the Philippines aimed at boosting technical expertise across the Asia-Pacific region. The new center, known as Vertiv Academy, is located at the...
US-based pop culture collectibles company Funko, Inc. is set to open its first licensed retail store in Southeast Asia, selecting the Philippines as its launchpad in the region. The store, which will be operated by local partner Funtastik Enterprises Corp, is expected...
The Technological Institute of the Philippines (T.I.P.), a private higher education institution focused on engineering and technology, has opened a new quantum computing research facility aiming to address challenges in the country’s energy sector. The Quantum and...
Ajinomoto Philippines Corp. (APC), the local subsidiary of Japan-based Ajinomoto Group, has announced plans to cut its environmental footprint by half by 2030 as part of its long-term sustainability strategy. The company’s target aligns with the global parent firm’s...
