The Philippine Department of Energy (DOE) has unveiled its key priorities for 2023, top of which is pursuing contingency measures and activities to ensure energy supply during critical periods, and pushing for the continued development of alternative fuel and...
The Davao City government in partnership with University of the Philippines (UP) is building the Davao City Public Hospital (DCPH) which is targeted to operate in three years and will have around 100 beds. The hospital, which has secured a total budget of PHP 1.75...
The Philippines is seen emerging as the fastest growing economy among member countries of the Association of Southeast Asian Nations (ASEAN) over the next two years according to a report by Singapore-based DBS Bank. DBS Bank reported that the Philippines would record...
Unilever, one of the largest retails/FMCG companies in the world, recently announced that it will expand its personal care factory in the Philippines. The project will cost PHP 4.8 billion (USD 88 million), making the plant Unilever´s largest factory globally. Back in...
In a landmark move to increase the power generation capacity and make the Philippines less reliant on imported fuels, the country’s Department of Energy (DOE) has recently approved 100% foreign ownership of renewable energy projects. Before 2022 ended, the DOE...
Coca-Cola Philippines recently announced that it will transition its key brands Coca-Cola Original Taste and Wilkins Pure to 100% recycled PET plastic packaging (excluding caps and labels) by 2023. The new formats will contribute expand the company’s array of products...
The Philippine Air Force (PAF) has inducted its first SPYDER-MR (Surface-to-air PYthon and DERby Medium Range ) ground-based air defense systems (GBADS) along with a C295W tactical transport aircraft. In Philippine service, it is called the SPYDER Philippine Air...
Metro Pacific Investments Corporation (MPIC), a Philippine conglomerate that recently entered the dairy industry in early 2022, has announced its further expansion by partnering with the LR Group of Israel. The LR Group and MPIC’s Metro Pacific Agro-Ventures...
The Department of Information and Communications Technology (DICT) of the Philippines is targeting to install over 9,000 free Wi-Fi sites nationwide in 2023, under its “Broadband ng Masa” Program (BBMP). This is in addition to the current 4,757 live sites in the...
The Philippine Economic Zone Authority (PEZA) has approved a total of 29 ecozone projects in 2022 amounting to USD 1.76 million, 11 of which were registered during the first six months of the Marcos administration. PEZA is optimistic about securing more such...
Japanese company, Kurabe Industrial, will be investing PHP 2 billion (USD 36.5 million) to expand its manufacturing facility in Lima Estate, Batangas province which is operated by Aboitiz InfraCapital (AIC). The investment will be to purchase a 5.9-hectare plot of...
Manila Water, one of the two major water concessionaires that provide water supply, wastewater, and sanitation services and is covering the East Zone of Metro Manila, will be growing its sewage treatment facilities. Generally, Manila Water is setting aside USD 3.15...
