The Philippines and the United States have agreed to train Filipinos in building and operating nuclear power plants to enhance the country’s electricity supply. This agreement follows a nuclear cooperation pact between Manila and Washington in November 2023,...
Shell Energy Philippines has entered into an offtake agreement with the Thomas Lloyd Group’s North Negros Biopower Inc. for its biomass plant in Negros Occidental. Thomas Lloyd, based in Zurich, is an independent impact investment manager. Shell Energy...
Makati Life Medical Center is set to bring advanced cancer detection and treatment technology to the Philippines through a partnership with United Imaging Healthcare, Operista India, and Paeonmed Philippines. This collaboration will introduce the uMI 550 Digital...
Aboitiz InfraCapital Economic Estates has commenced the development of TARI Estate, a significant new industrial hub in the province of Tarlac, Philippines. Leveraging Central Luzon’s strategic location and economic growth, the project aims to attract investment...
Swiss-based insurance technology (insurtech) firm discovermarket has announced its entry into the Philippine market through a partnership with Globe, aiming to introduce embedded Personal Cyber Insurance to the telco’s subscribers. This brand collaboration is...
The Philippines has launched the “Re-Horizon 3” military modernization initiative to strengthen its defense capabilities. Despite financial constraints, the country aims to increase defense expenditure to USD 6.2 billion by 2029, focusing on maritime and...
Metro Retail Stores Group, Inc. (MRSGI) is expanding its footprint in Southern Philippines with the construction of four new supermarket stores in Cebu and Leyte. This expansion underscores MRSGI’s strategy to serving more communities in Central Eastern Visayas....
The Department of Foreign Affairs (DFA) announced that the Philippine government is considering partnerships in fruit crop development with Spain. A high-level delegation from the Department of Agriculture (DA) recently visited the Institute of Agrifood Research and...
AG&P’s Philippine subsidiary has forged a partnership with Visayas Neceboley Interlink Holdings Corp. (VNIHC) for a substantial USD 15 billion government infrastructure initiative in the central Visayas region. Under the National Economic and Development...
The Philippines is set to further develop the Clark Special Economic Zone (SEZ) with initiatives inspired by Singapore. Key projects include affordable housing modeled after Singapore’s HDB flats (public housing) and transforming the existing civil aviation complex...
The Medical City (TMC) is pioneering the adoption of AI in the Philippines by integrating Lunit’s AI solutions into its mammography and chest X-ray services, significantly enhancing diagnostic accuracy and efficiency. Lunit, a South Korean company specializing...
In a landmark move towards innovation and sustainability, the National Grid Corp. of the Philippines (NGCP) and the European Chamber of Commerce of the Philippines (ECCP) have signed an agreement to promote renewable energy resources. The agreement, signed at NGCP’s...
