SM Group Targets Growth in the Expanding Wellness Economy

SM Group Targets Growth in the Expanding Wellness Economy

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...
US EdTech Firm Instructure Establishes Asian Hub in the Philippines

US EdTech Firm Instructure Establishes Asian Hub in the Philippines

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...
Temasek’s ABC Impact Fund Acquires 16% Stake in Ayala’s AC Health

Temasek’s ABC Impact Fund Acquires 16% Stake in Ayala’s AC Health

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...
Philippines Allocates 300 Hectares for New Mindanao Naval Base

Philippines Allocates 300 Hectares for New Mindanao Naval Base

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...
Philippines Strengthens Digital Transformation in Agriculture

Philippines Strengthens Digital Transformation in Agriculture

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 to Open Flagship Stores in Manila

Japanese Footwear Retailer ABC-MART to Open Flagship Stores in Manila

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....
Hyundai to Launch Shipbuilding Operations in the Philippines

Hyundai to Launch Shipbuilding Operations in the Philippines

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...