First Balfour Inc., the construction and engineering arm of the Lopez Group, has launched an artificial intelligence (AI)-powered construction management system (CMS) to integrate project planning, execution, and monitoring into a single digital platform. The system,...
Instructure, a leading American educational technology company and developer of the Canvas Learning Management System (LMS), has chosen the Philippines as the location for its Asian regional hub, underscoring the country’s growing role as a center for digital...
Singapore’s Temasek Group, through its impact investment arm ABC Impact Fund II LP, has finalized a deal to acquire a 16% stake in Ayala Healthcare Holdings Inc. (AC Health), marking its first investment in the Philippines. Under the agreement, ABC Impact subscribed...
The European Union (EU), in collaboration with the Philippine Public-Private Partnership (PPP) Center and the Department of Environment and Natural Resources (DENR), has launched a major training initiative to help local government units (LGUs) develop green...
The Board of Investments (BOI) has endorsed Citadel Energy Corporation’s PHP 6 billion (USD 102 million) 180-megawatt solar power project in San Vicente, Camarines Norte, positioning it among the largest in the Bicol Region. The project, developed by Zenith Renewable...
The Philippine government has approved the allocation of 300 hectares of land within the Phividec Industrial Estate in Misamis Oriental for the development of a new naval base, marking a major step in strengthening national defense and regional industrial capacity in...
The Philippines is accelerating efforts to modernize its agricultural sector through digital innovation and capacity-building. The Department of Agriculture’s Agricultural Training Institute (ATI) is leading several initiatives to equip farmers and agricultural...
Japanese footwear retailer ABC-MART will open its first flagship stores in Manila in 2025 through a joint venture with SONAK Retail Group. The collaboration will introduce two concepts: ABC-MART Grand Stage and ABC-MART Standard, both located in Bonifacio Global City....
South Korean conglomerate HD Hyundai plans to begin shipbuilding operations in the Philippines early in 2026. The development follows the signing of a 10-year lease agreement between HD Hyundai Heavy Industries and private equity firm Cerberus Capital Management...
India-based iSON Group plans to invest up to USD 300 million over the next decade to strengthen digital infrastructure in the Philippines. The company intends to develop 3,000 to 4,000 new telecommunication towers, focusing on underserved rural areas. Through its...
Broadband and technology provider Converge ICT Solutions Inc. announced that an Asia-Pacific subsea cable system has reached Philippine shores, supporting the country’s digital transformation and regional trade integration. The Philippine branch is now linked to the...
The Philippines is emerging as a key player in the growing global health-care outsourcing market, a trend that has increased the need for efficient cross-border payments. New York-based fintech Payoneer reported that over 200,000 remote professionals in the...
