The Senior Undersecretary of the Philippines Department of Agriculture recently highlighted how the Marcos Administration is determined to provide more assistance to the agricultural sector. The government believes that by increasing investments in food production,...
The Philippines’ largest conglomerate, Ayala Group and Singaporean data center service provider ST Telemedia Global Data Centers (STT GDC) have announced their plan to invest at least USD 1 billion to construct the largest data center in the Philippines. This...
The United States has pledged to bolster its infrastructure development aid to the Philippines by providing over USD 3 billion (PHP 166.8 billion) in public and private financing. This substantial funding will be dedicated to supporting the construction of...
Moderna, a biotechnology company pioneering messenger RNA (mRNA) therapeutics and vaccines, today announced plans to establish an Enterprise Solutions Hub in the Philippines. The Moderna Enterprise Solutions Hub will provide business services across the Asia Pacific...
United States President Joe Biden announced in early May 2023 a “first of its kind” presidential trade and investment mission to the Philippines in a bid to promote broad-based economic growth. The mission is expected to enhance US companies’ investment in...
Singaporean oat milk brand OATSIDE held its official launch in the Philippines at Papakape, Fort Santiago, Intramuros Manila on May 9, 2023. In partnership with the Moment Group, guests were able to taste Filipino cuisines and delicacies that incorporated OATSIDE,...
The Armed Forces of the Philippines (AFP) has recently updated its military acquisition plan in line with its ongoing equipment modernization program and submitted it for approval to President Ferdinand Marcos Jr. The AFP wish list had to be updated after several...
Maynilad Water Services Inc. (MWSI), one of the two water utility concessionaires which manages the west zone of Metro Manila comprising of 17 cities and municipalities, will be investing PHP 10 billion (USD 178.2 million) in the next 5 years to replace a total of...
First Gen Corporation, a subsidiary of First Philippine Holdings Corporation, which focuses on power generation and distribution, has recently announced plans to join the Department of Energy (DOE)’s 2nd Green Energy Auction (GEA) Program, in a bid to expand its...
The US has agreed to ramp up the Philippines’ military capabilities over the next five to ten years as part of a “security sector assistance roadmap” that will see the Philippines receive equipment from radars, military transport aircraft and drones to coastal- and...
The Philippines’ largest automotive company Toyota Motor Philippines (TMP), and the country’s largest fully integrated telco PLDT recently announced a partnership that will further drive the benefits of smart connected cars and intelligent platforms technology...
California-based Envirotech Vehicles Inc. (EVT) is investing USD 80 million to build a production plant in Clark Freeport Zone as it bets on the EV market’s growth potential in the Philippines. The plant, which will have an area of 15,000 to 20,000 square meters, is...
