The European Chamber of Commerce of the Philippines (ECCP) and the Anti-Red Tape Authority (ARTA) have formed a partnership aimed at improving the business environment in the Philippines and attracting more European investment. ECCP President Paulo Duarte highlighted...
The Southern Philippines Medical Center (SPMC) in Davao City has recently inaugurated a state-of-the-art hybrid angio-CT catheterization laboratory (cathlab) at its Heart Institute, representing a significant leap forward in healthcare technology in the region. This...
The Philippines’ National Economic and Development Authority (NEDA) Board has approved an additional 23 projects in the list of infrastructure flagship projects (IFPs) that will be prioritized, bringing the total cost to USD 163 Billion. In February 2024, NEDA...
Phinl Corporation, a Board of Investments (BOI)-registered company, has launched Asia’s first and only fully-contained and computer-controlled indoor hydroponic tulip farm in the country. With a capacity to produce up to 6000 stems per batch and room for further...
The US has announced its plans to invest more than USD 1 billion in the Philippines’ tech sector to double the number of semiconductor factories in the country. While the Philippines is one of the key centers in the global electronics industry chain, it does not yet...
IKEA, the renowned furniture retailer, is expanding its reach in the Philippines to key cities like Davao, Cagayan de Oro City, and Iloilo City. This expansion signifies IKEA’s commitment to catering to the growing demand for affordable home furnishings in these...
VinGroup, Vietnam’s largest conglomerate with interests spanning technology, industrial sectors, real estate development, retail, healthcare, and hospitality, has shown keen interest in establishing an EV battery manufacturing facility in the Philippines. Its...
The report from the US Department of Agriculture’s Foreign Agricultural Services (FAS) on the Philippines highlights promising growth as a market for US agricultural exports. Projections suggest that US export shipments to the Philippines will surpass the record-high...
The Philippine government has given the green light to a revised military modernization plan, dubbed “Re-Horizon 3,” allocating a staggering two trillion Philippine pesos, approximately USD 35 billion, over the span of a decade. This strategic initiative,...
Swedish home furnishing giant IKEA has announced its expansion into major cities across the Philippines, further solidifying its footprint in the country’s burgeoning market. Following the successful establishment of its “Collection Point” facility...
President Marcos expressed his commitment to strengthen the Philippines’ ties with Brazil in various sectors such as agriculture, trade, defense, and climate change. During the acceptance of credentials for the Brazilian Ambassador-designate, Marcos highlighted...
The Department of Health (DOH) aims to enhance healthcare accessibility for impoverished Filipinos by constructing 28 National Ambulatory and Urgent Care Facilities across strategic locations nationwide by 2028. Health Secretary Teodoro Herbosa highlighted the goal to...
