President Bongbong Marcos announced that the government plans to build cold storage facilities in several fish ports to lower post-harvest losses, increase the nation’s fish supply, and minimize reliance on imports. The announcement was made during the meeting...
Showcasing its dedication to creating a food-secure Philippines, the company Mega Prime Foods Inc. (MPFI) formally opened its newest manufacturing plant in the Philippines, located in Batangas City. This world-class facility is envisioned to play a vital role in...
Lazada, the Southeast Asian e-commerce giant, plans to build “hundreds” of delivery hubs throughout the Philippines in an effort to enhance delivery times and customer experience. The CEO of Lazada Philippines, Carlos Barrera, said the company is investing in building...
According to a report by the Philippine News Agency, the Philippines and Sweden are set to finalize a framework for defense material acquisition. In a meeting between the Department of National Defense (DND) chief Carlito Galvez Jr. and Swedish Ambassador to the...
The Philippines is making significant progress in the renewable energy space and is poised to overtake Vietnam as Southeast Asia’s leading producer of green energy by 2030. Several government reforms aimed at promoting clean power are gaining traction, leading...
Philippine Conglomerate Metro Pacific Agro Ventures (MPAV) recently announced that it is targeting PHP 1 billion (USD 18.2 million) in revenues over the next four years, driven mostly by its dairy business, for which MPAV is committed to double its revenues. In June...
The Department of Trade and Industry (DTI) has renewed its call for the resumption of talks for a free trade agreement (FTA) with the European Union (EU). In a meeting with the members of the European Parliament Sub-Committee on Human Rights, DTI Trade Secretary...
With the opening of its 1,000th store in the Philippines, Watsons has reached a significant milestone and now operates 8,000 locations throughout 15 markets in Asia and Eastern Europe. The new flagship store is situated in The Block, SM City North Edsa Block in...
Philippine Airlines, Inc. (PAL), the country’s flag carrier, has reached an agreement with Ramco Systems, a provider of aviation software, to implement Ramco’s Aviation Suite V5.9. The replacement of standalone outdated systems by the proposed solution...
The Philippine fiber internet provider Converge ICT Solutions Inc. has vowed to provide greater internet speed in the country after the inauguration of the Bifrost Cable System (BCS). It is anticipated that the cable landing station for the Philippine branch of the...
The Department of Public Works and Highways (DPWH) is intensifying infrastructure development in Mindanao. Phase 1 of ‘Improving Growth Corridors in Mindanao Road Sector Project’, a flagship project of the national government in partnership with ADB...
The Philippines and the UK are currently exploring offshore wind collaboration. As part of the collaboration, on February 13-17, 2023, the UK Government’s Department for Business and Trade (DBT), the Foreign, Commonwealth and Development Office (FCDO) of the British...
