The Department of Public Works and Highways (DPWH) is set to commence the PHP 1.5 billion (USD 26.4 million) third phase of the new passenger terminal at Daniel Z. Romualdez Airport in Tacloban City. This phase will include essential facilities such as public...
Mober, a leader in green logistics in the Philippines, has introduced sustainable delivery services in Cebu to support Ikea Philippines’ regional expansion. Utilizing a 100% electric vehicle (EV) fleet, Mober ensures zero-emission home deliveries across Cebu and...
The Department of Trade and Industry (DTI) announced the inauguration of Taiheiyo Cement Philippines Inc.’s (TCPI) new USD 234 million (PHP 12.8 billion) production plant in San Fernando, Cebu. The new facility, unveiled by the Philippine unit of Japan-based Taiheiyo...
The Philippine Economic Zone Authority (PEZA) and the Food and Drug Administration (FDA) recently signed two significant agreements aimed at enhancing the pharmaceutical and medical sectors in the country. These agreements include a registration agreement for Victoria...
The Philippine government has proposed a budget of USD 4.627 billion (PHP 257.06 billion) for flood control in 2025, marking a significant investment in mitigating the country’s flood risks. This allocation is part of the Department of Budget and Management’s...
The Philippines’ Department of Energy (DOE) has announced plans for its fourth Green Energy Auction (GEA-4), scheduled for the fourth quarter of 2024. This auction will emphasize energy storage solutions alongside maximizing the country’s renewable energy...
The Department of Trade and Industry (DTI), with support from the Asian Development Bank (ADB), launched the National Artificial Intelligence Strategy Roadmap 2.0 (NAISR 2.0) and the Center for AI Research (CAIR) on July 3, 2024. This initiative is a key part of the...
ExxonMobil Asia Pacific Pte. Ltd. has selected Juliana Holdings Inc. as the authorized distributor of Mobil-branded lubricants in the Philippines. With a strong background in fast-moving consumer goods (FMCG) and transportation chemicals, Juliana Holdings will...
The National Economic Development Authority (NEDA) board has approved a USD 287.5 million allocation for the Philippines’ infrastructure flagship projects, including the Department of Information and Communications Technology (DICT)’s National Broadband Program...
Converge ICT Solutions Inc. has announced a partnership with Super Micro Computer Inc. to integrate artificial intelligence (AI) into its three upcoming data centers in Pampanga, Laguna, and Caloocan. The agreement, formalized through a memorandum of understanding,...
The U.S. and Philippine officials have unveiled new initiatives to strengthen defense and security cooperation. The U.S. will provide USD 500 million in foreign military financing to support the modernization of the Philippine military and coast guard. This funding...
Eleven Israeli companies are set to introduce and sell advanced agricultural technologies in the Philippines. The Israel Agricultural-Tech Roadshow in Makati City attracted around 100 local firms and agri-tech startups, showcasing a wide range of innovative solutions....
