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...
Cashless Society Possible in the Philippines Within a Decade

Cashless Society Possible in the Philippines Within a Decade

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...
Philippine Government Shores Up Aquaculture Industry

Philippine Government Shores Up Aquaculture Industry

Amidst concerns about food security, particularly fish, the government through the Department of Agriculture’s Bureau of Fish and Aquatic Resources (BFAR), has bolstered the aquaculture sector through expanding fish hatchery capacity and targeting higher fish...