The Department of Agriculture (DA) will establish the first Agri-industrial Business Corridor (ABC) for freshwater aquaculture and urban farming in Taguig, in partnership with the city government and Laguna Lake Development Authority (LLDA). Agriculture Secretary...
On July 30, 2021, Philippine President Rodrigo Duterte restored the Visiting Forces Agreement (VFA) with the United States, a 1998 critical security pact that lays out the terms and conditions on the entry and visit of US military troops for military exercises and...
The Philippines has reaffirmed its commitment to expand two-way trade and investment ties with Switzerland and deepen cooperation in cleantech and renewable energy, infrastructure, life sciences, and digital healthcare sectors. Three breakout sessions were held during...
Many companies are currently ramping up the development and construction of several large-scale solar projects nationwide ever since the Philippine government has unveiled renewable energy investment opportunities in recent months with the aim to install 15 GW of...
Basic Environmental Systems and Technologies, Inc. (BEST), a unit of publicly-listed IPM Holdings, a leading contractor and consulting company for waste management in the Philippines, has recently opened its first of several engineered sanitary landfills in the...
The Philippines is entering the spotlight as one of the emerging Data Center (DC) markets in Southeast Asia with high growth alongside Malaysia and Thailand. Various firms have recently announced plans to build data centers in the Philippines. One of them is Alibaba...
The Philippine National Railways (PNR) Calamba project has received a “record number” of 34 bids from six local and 17 international companies to participate in the construction of the 40.5-kilometer rail project. PNR Calamba is projected to generate 10,000 jobs and...
Cement firm Holcim Philippines, Inc. is investing PHP 210 million (USD 4.2 million) in projects to reduce the fuel consumption and increase mineral additive usage of its cement plants in Bacnotan, La Union and Lugait, Misamis Oriental, as part of efforts to raise...
Digital health platforms in the Philippines are expected to remain flourishing as the COVID-19 pandemic continues as evidenced by several apps reporting accelerated numbers of users and utilization. AIDE, a mobile app marketplace that connects patients with doctors,...
Swedish furniture maker has announced that IKEA Philippines will open its outlet in the Philippines in the 4th quarter of 2021. It was originally planned to open in 2020 but was delayed because of construction adjustment. According to its Philippines store manager,...
The Department of Trade and Industry – the Board of Investments (DTI-BOI) – is eyeing Japanese pharmaceutical firms to invest in the Philippines. With the developments in health insurance schemes, health systems, and increasing investments in public health, the...
The Department of Science and Technology (DOST) has approved the conduct of six flagship R&D projects that will serve as foundation studies of the proposed Virology and Vaccine Institute of the Philippines. The DOST has allocated PHP 284 million (USD 5.83 million)...
