The Philippine Economic Zone Authority (PEZA) eyes attracting more investments in high-technology industries from Taiwan following the country’s investment mission in the East Asian economy. The strengthening cooperation with Taiwan and the Philippines is set to bring...
It has just been announced that Elon Musk’s Space Exploration Technologies Corp (SpaceX) is expanding into the Philippines by offering satellite broadband service to local businesses and the government. This expansion represents the first partnership of SpaceX’s...
The Philippines’ imports of meat products from January to September 2022 surpassed the one billion-kilo mark, led by pork and chicken shipments. According to the latest data from the Philippine Bureau of Animal Industry (BAI), as reported by Philstar.com, the...
The Philippines’ largest fully integrated telco PLDT will continue to expand its international cable network as the initial phase of cable construction of the Asia Direct Cable (ADC) begins in Batangas, just months after the successful launch of the Jupiter cable...
Indonesia’s ice cream manufacturer Aice Brands is building a 49,070 sqm ice cream plant in the Philippines – its largest and most advanced within Southeast Asia. Targeted to be operational by October 2023, the factory is located within the 700-hectare LIMA...
The Canadian Agriculture Minister Marie-Claude Bibeau recently visited Manila to increase trade and investment and promote Canadian agri-food products and solutions. During her visit, Bibeau met with Philippine Department of Agriculture officials, local meat importers...
E-commerce enabler Etaily held its first media roundtable series in mid-September 2022, entitled “The Etail Insider”, where some industry players shared the latest trends and insights in the Philippines’ e-commerce sector. Etaily founder and CEO...
The Philippine government will open at least 22 cancer hubs to help low income patients, the Department of Health (DoH) recently announced. This is part of the PHP 529 million (USD 9 million) Cancer Assistance Fund (CAF), a funding mechanism for poor patients mandated...
Yokowo Manufacturing of the Philippines, Inc., a unit of Japan’s Yokowo Co. Ltd., recently signed a locator agreement with Science Park of the Philippines, Inc. (SPPI), which is a shareholder and the general manager of the 162-hectare Hermosa Ecozone Industrial...
Philippine President Ferdinand “Bongbong” Marcos Jr. received USD 3.9 billion in investment pledges during his working visit to the United States (US). The visit is part of the President’s trip to the US to address the 77th Session of the United Nations General...
The Armed Forces of the Philippines Modernization Program (AFPMP) is bound to get a PHP 40 billion (USD 670 million) increase in fresh funding for the military’s capability-building procurement projects, as indicated in the National Expenditure Program (NEP) for...
The government of the Philippines has announced that it aims to complete 73 large infrastructure projects for a total cost of over PHP 4 trillion (around USD 17 billion), which could not be completed during the previous administration. In a presentation at the...
