For the first time, the U.S. Army’s new Mid-Range Capability (MRC) Typhon Weapon System has been deployed to the Northern Philippines. This land-based launcher, which supports Tomahawk cruise missiles and SM-6, arrived for military drills, marking its debut in...
Love, Bonito, a Singaporean fashion brand, is gearing up to open its first physical store in the Philippines at Greenbelt 3 mall in Makati during the third quarter of the year. The move signals the brand’s objective of providing Filipino customers with an...
Venturi Partners, a Singapore-based growth equity firm, announced a USD 25 million investment in the expansion of global discount grocery chain DALI, marking its second investment in the Philippines. DALI, with over 200 branches nationwide, is a hard-discount retailer...
The Philippine government has secured a loan of PHP 37 billion (USD 770 million) to fund the construction of a road project announced by the Department of Public Works and Highways (DPWH). Finance Secretary Ralph G. Recto and Japan International Cooperation Agency...
US-based investment firm KKR is injecting USD 400 million into telco tower development in the Philippines, as confirmed by the US Department of Commerce. Through independent telecom tower operator Pinnacle Towers, KKR plans to develop and acquire around 2,000 towers...
Lufthansa Technik Philippines (LTP) has revealed plans for a USD 150 million investment to construct a second hangar at the Clark International Airport (CIA). This initiative aims to strengthen LTP’s aircraft maintenance, repair and overhaul (MRO) capabilities...
PLDT Enterprise, the corporate arm of telecommunications and digital services provider PLDT Inc., has announced a strategic partnership with Charoen Pokphand Foods Philippines Corp. (CPF Philippines), a subsidiary of Thailand’s Charoen Pokphand Group Company,...
The United States Presidential Trade and Investment Mission (PTIM) to the Philippines, spearheaded by US Secretary of Commerce Gina Raimondo, has heralded a significant milestone with US companies pledging over USD 1 billion in investments. This groundbreaking...
RiteMED and Heal Venture Lab are collaborating to strengthen Universal Health Care (UHC) in the Philippines through the use of modern technology. Their focus is on enhancing access to quality healthcare in line with the government’s UHC Law. RiteMED, as one of...
Airbus has committed to collaborating with the Department of Transportation (DOTr) on sustainable aviation fuel initiatives in the Philippines. President Ferdinand R. Marcos Jr. secured this commitment during a meeting with Airbus’ President Anand Stanley in...
Silicon Valley-based Sol-Go Inc has made a strategic decision to build its new solar panel factory in the Philippines, choosing the country over manufacturing hubs like China and Vietnam. Looking ahead, Sol-Go aims to significantly expand its Batangas factory, with...
Ally Power, a US-based startup, and MPower Inc., the Philippines’ largest electric retail supplier, are collaborating on a more than USD 400 million agreement to build a hydrogen and electric refueling station as part of the US Presidential Trade and Investment...
