Ajinomoto Philippines Corporation (APC) Group which is the Philippine subsidiary of global food company Ajinomoto Group, and Meralco-owned solar company Spectrum, have signed a contract to develop and maintain a 1-megawatt peak solar power generating facility. The...
Filipino-owned renewable energy developer CleanTech Global Renewables Inc. has teamed up with Singapore-based The Blue Circle to undertake a 1.2 GW offshore wind project in Bulalacao, Oriental Mindoro. Despite the current pandemic situation which has affected the...
SMC Global Power Holdings Corp., the energy arm of San Miguel Corporation, has announced that a total of 690 MW of its 1,000-MW Battery Energy Storage System (BESS) facilities nationwide would be operational in early 2022. By end of 2022, it expects to complete all 31...
The Philippines’ Department of Public Works and Highways (DPWH) Region VIII is looking to implement infrastructure projects worth PHP 43 billion (USD 0.8 billion) in Eastern Visayas in 2020 to improve the region’s roads and bridges network. The projects, which are...
A joint declaration to enhance cooperation in food security was signed between the government of the Philippines and France. The discussion puts emphasis on developing the Philippines’ local dairy industry through the assistance of the French government. The agreement...
The Philippines will have more assets for humanitarian assistance and disaster relief (HADR) missions as initial funding, valued at PHP 1.6 billion (USD 31.2 million), for the acquisition of 32 additional Polish-made S-70i Black Hawk combat utility helicopters was...
The Philippine Economic Zone Authority (PEZA) is engaging more US firms to invest in the country’s economic zones and take part in promoting stronger bilateral relations between both countries. According to the director general of PEZA, the US continues to be one of...
A bill that amends the Retail Trade Liberalization Act (RTLA) of 2000 was signed by President Rodrigo Duterte into law. Known as RA 11595, the new law will lower the amount of investment required of foreign-owned retail trade enterprises, effective January 21, 2022....
The Department of Trade and Industry’s Board of Investment (BOI) has accredited a Philippine company called Iba Botanicals, Inc., a new essential oil producing company. The company will put up a manufacturing plant in Zambales province with an investment of PHP...
The Department of Health (DOH) is establishing seven subnational laboratories (SNLs) for the detection of vaccine-preventable diseases (VPDs) in the Philippines. The laboratories will serve as confirmatory testing hubs for common vaccine-preventable diseases such as...
As the biggest property management company in the Philippines, Ayala Property Management Corporation (APMC) needed to transform its operations to digital to provide an overall better experience for staff and customers. The company is known for its service quality, and...
The Philippines’ manufacturing industry expanded in December 2021 and recorded its highest growth rate in 9 months, according to a monthly survey conducted by IHS Markit. The Purchasing Managers’ Index (PMI) grew to 51.8 in December 2021 and was the...
