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...
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...
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 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...
France has once again reiterated its keen interest to work with the Philippine government in strengthening the country’s maritime capabilities. The two governments have recently wrapped up discussions on possible joint patrols in the Philippines’ EEZ or West...
Amid the COVID-19 pandemic threats to public health and the environment, the National Solid Waste Management Commission (NSWMC) and the Japanese government are working together to establish guidelines for the accurate characterization of wastes for the use of local...
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,...
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...
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...
The Philippine government is set to start the construction of three climate-resilient bridges that are designed to decongest Metro Manila’s traffic-heavy areas – the Marcos Highway-Saint Mary Avenue Bridge, the Homeowner’s Drive-A Bonifacio Bridge, and the...
New research from global giant payments, Visa, suggested that a fully cashless Philippine society may be possible in less than a decade. This is because more Filipinos are embracing digital payments out of necessity, two years into the COVID-19 pandemic. According to...
Optum Global Solutions Philippines, an American healthcare services and innovation company and a subsidiary of UnitedHealth Group, is celebrating its tenth year of operations in the Philippines. It has also announced plans to expand its operations in the country. The...
