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...
The transformative impact of circular economy in meeting climate targets was highlighted during a forum organized by the Philippine Government and the United Nations Development Programme (UNDP) during the 2023 United Nations Climate Change Conference, or commonly...
The Philippines Department of Energy (DOE) has recognized offshore wind energy as one of its key focus within the nation’s renewable energy (RE) sector. In a statement in January 2024, DOE Undersecretary Rowena Cristina Guevara shared that a World Bank study...
KDDI Philippines, a subsidiary of Japan’s KDDI, confirmed that it will deploy telecoms infrastructure for the country’s first subway transport network. The telco company signed a contract with a French transport systems provider, Thales, to support its...
The Department of Budget and Management (DBM) in the Philippines is prioritizing cybersecurity as part of its digitalization efforts, allocating 20.92% of its PHP 2.5 billion (USD 44.6 million) ICT budget for cybersecurity projects. This commitment, announced by DBM...
The Philippine Economic Zone Authority (PEZA) announced that four electric vehicle manufacturers were considering the Philippines as a manufacturing base. These include two Chinese electric vehicle manufacturers, one American maker of e-buses, e-heavy equipment, and...
Metro Pacific Agri Ventures (MPAV), a subsidiary of conglomerate Metro Pacific Investments Corporation with investments in infrastructure, tolls, power, and water, was awarded a green lane certificate of endorsement from the Philippine Board of Investments (BOI)....
During the 11th meeting convened by President Ferdinand R. Marcos Jr. at the Malacañang Palace in Manila, the National Economic and Development Authority (NEDA) Board approved 3 high-impact infrastructure projects. Arsenio Balisacan, the Socioeconomic Planning...
The Philippine Economic Zone Authority (PEZA) aims to achieve a minimum of 15% growth in approved investments for the year 2024. PEZA Director General Tereso Panga stated that the target for 2024 is PHP 202 billion (USD 3.6 billion), representing a 15% increase from...
The UK’s Department for Business and Trade (DBT) and the British Embassy in Manila hosted a Trade Mission last 29 November – 1 December composed of National Health Service (NHS) Organisations who met with healthcare leaders in the Philippines to explore collaborations...