KDDI to Support the Philippines’ First Subway System

KDDI to Support the Philippines’ First Subway System

KDDI Philippines, a subsidiary of Japan’s KDDI, confirmed that it will deploy telecoms infrastructure for the country’s first subway transport network. The telco company signed a contract with a French transport systems provider, Thales, to support its...
Foreign EV Manufacturers to Set Up Shops in the Philippines

Foreign EV Manufacturers to Set Up Shops in the Philippines

The Philippine Economic Zone Authority (PEZA) announced that four electric vehicle manufacturers were considering the Philippines as a manufacturing base. These include two Chinese electric vehicle manufacturers, one American maker of e-buses, e-heavy equipment, and...
NEDA Greenlighted 3 High-Impact Infrastructure Projects

NEDA Greenlighted 3 High-Impact Infrastructure Projects

During the 11th meeting convened by President Ferdinand R. Marcos Jr. at the Malacañang Palace in Manila, the National Economic and Development Authority (NEDA) Board approved 3 high-impact infrastructure projects. Arsenio Balisacan, the Socioeconomic Planning...
PEZA Targets 15% Investment Growth in 2024

PEZA Targets 15% Investment Growth in 2024

The Philippine Economic Zone Authority (PEZA) aims to achieve a minimum of 15% growth in approved investments for the year 2024. PEZA Director General Tereso Panga stated that the target for 2024 is PHP 202 billion (USD 3.6 billion), representing a 15% increase from...
UK Government Strengthens Healthcare Partnerships with the Philippines

UK Government Strengthens Healthcare Partnerships with the Philippines

The UK’s Department for Business and Trade (DBT) and the British Embassy in Manila hosted a Trade Mission last 29 November – 1 December composed of National Health Service (NHS) Organisations who met with healthcare leaders in the Philippines to explore collaborations...
Swiss Grocer Disrupts Retail Market in the Philippines

Swiss Grocer Disrupts Retail Market in the Philippines

The Philippine retail scene, traditionally dominated by giants like SM, Robinsons Retail, and Puregold, faces a potential disruptor in DALI, a Swiss grocer quietly gaining traction with support from the Asian Development Bank (ADB). As a hard discount retailer,...