UK-based fintech firm Revolut has opened a new Global Tech Hub in Manila to strengthen its global operations and accelerate innovation. The facility, launched on July 9, 2025, is expected to create hundreds of jobs in customer service and support functions, with teams...
Philippine Seven Corp. (PSC), the exclusive licensor of 7-Eleven in the Philippines, expects to surpass 5,000 stores by 2026, driven by aggressive expansion in the Visayas and Mindanao. PSC will invest PHP 5.5 billion (USD 94 million) this year to open 500 new stores,...
Fujifilm Business Innovation Japan is expanding its sustainability efforts by establishing a Circular Manufacturing Center (CMC) at its Laguna factory in the Philippines. The facility, now under construction, will begin operations next year with the capacity to...
V-Green Global Charging Station Development Corp. (V-Green), a green infrastructure provider and exclusive charging partner of VinFast in Vietnam, and Green and Smart Mobility (GSM) Philippines, an electric ride-hailing platform operating a fleet powered entirely by...
Ohio-based Bon Secours Mercy Health (BSMH) announced plans to invest up to USD 500 million to expand its operations in the Philippines, including the development of a state-of-the-art tertiary hospital. The disclosure was made following a meeting between BSMH...
The Government of Canada has committed over PHP 1 billion (USD 22 million) in grant financing to strengthen climate adaptation and disaster resilience in the Philippines. The funding was announced at the Philippines-Canada Partnership Forum. Canadian Ambassador David...
Taiwan’s ShinFox Energy, a subsidiary of Foxlink Group, and Philippine telecom firm ComClark Network and Technology Corp. have signed a Joint Development Agreement to power ICT infrastructure in the Philippines with renewable energy. The partnership aims to integrate...
Toyota Motor Philippines (TMP) and its suppliers reported USD 1.2 billion in exports in 2024, accounting for 30% of the country’s OEM parts exports. Despite global trade concerns, including possible U.S. tariffs, PEZA assured minimal impact on the Philippines due to...
The Philippine government is moving to strengthen its maritime defense by upgrading and expanding naval bases in strategic locations across the country. Defense Secretary Gilberto Teodoro announced plans to fast-track infrastructure works on Balabac Island, a joint...
The Philippines is expected to increase agricultural imports over the next decade, as domestic production struggles to keep up with the demands of a growing economy and rising population. A new OECD–FAO outlook covering 2025–2034 identifies the country as one of the...
Global blender brand nutribullet, known for its compact and powerful personal blenders, has launched its first-ever flagship store in the Philippines at Level 4, Mega Fashion Hall, SM Megamall. With over 100 million units sold globally, nutribullet aims to make...
Finance Secretary Ralph Recto has secured PHP 15.8 billion (USD 270 million) in concessional funding from the French government through Agence Française de Développement (AFD) to support the Philippines’ Climate Change Action Plan Subprogram 2 (CCAP2). The agreement,...
