Airbus Boosts Support for the Philippines’ Defense Needs

Airbus Boosts Support for the Philippines’ Defense Needs

A multinational aerospace company, Airbus, sees the Philippines as an important market for the company. The country’s defense market is poised to grow since the country is undergoing fleet modernization and renewing its legacy assets. Airbus is set to deliver...
JICA Continues to Support the PH Agriculture

JICA Continues to Support the PH Agriculture

The Japan International Cooperation Agency (JICA) extended its continued support to the endeavors of the Philippine Department of Agriculture (DA) during a courtesy call on April 6, 2022. JICA’s newly-appointed Chief Representative to the Philippines, Sakamoto Takema,...
Chioson Fully Shifts to Renewable Energy by Tapping First Gen

Chioson Fully Shifts to Renewable Energy by Tapping First Gen

Chioson Group, a Cebu-based steel manufacturer and property developer is set to be a carbon-neutral firm by 2025 as it completely shifted to renewal energy by tapping First Gen Corporation as its power supplier. First Gen will now be supplying Chioson’s total...
Filipino Consumers Deliberate on Spending More on Retail Shopping

Filipino Consumers Deliberate on Spending More on Retail Shopping

The data from the Q1 2022 Consumer Pulse Study by TransUnion revealed a shift in spending priorities as the Philippine economy reopened early this year. Eager to move on from the pandemic, Pinoy consumers were raring to spend more on retail shopping and items such as...
Philippines Liberalizes Investments for Foreign Investors

Philippines Liberalizes Investments for Foreign Investors

The Philippines expects more investments to come in soon after the government has enacted several important laws that will amend restrictions and free up more investment incentives for foreign investors. The laws that were enacted at the beginning of 2022 include...
The Philippines Collaborates with Israel on Dairy Sector

The Philippines Collaborates with Israel on Dairy Sector

The Embassy of Israel in the Philippines and the Israel Economic Commercial Mission to the Philippines commenced a partnership with the Philippines’ Department of Agriculture (DA) and the National Dairy Authority (NDA) in order to develop the dairy sector of the...
Medtecs Eyes USD 2-B Worth Industrial Town Project

Medtecs Eyes USD 2-B Worth Industrial Town Project

Medtecs International, the world’s leading provider and distributor of personal protective equipment (PPE), is in talks with the government to put up a nearly USD 2-billion industrial town that would produce PPE, electric vehicles (EVs), and textiles, among others,...
Meralco Allots USD 2.9 Billion for CAPEX in the Next Four Years

Meralco Allots USD 2.9 Billion for CAPEX in the Next Four Years

Manila Electric Co. (Meralco) is allotting PHP 149.66 billion (USD 2.9 billion) for its capital expenditure (capex) program in the next four years. On a per year basis, Meralco has set a capex budget of PHP 37.53 billion (USD 718.9 million) for 2023; PHP 43.5 billion...
Elon Musk’s SpaceX to Launch Starlink in the Philippines

Elon Musk’s SpaceX to Launch Starlink in the Philippines

Space Exploration Technologies Corp. (SpaceX), the aerospace company of billionaire Elon Musk, will soon be operating in the Philippines and is set to bring high-speed satellite broadband connectivity to customers, particularly to areas in the country where...