Unilever Philippines has announced plans to enhance its local manufacturing capabilities and supply chain strategies, reaffirming its commitment to the Philippine market. The company stated that over 90% of its products sold domestically are locally manufactured, with...
Foreign brands are increasingly entering the Philippine retail market, particularly in provincial areas, as they set up shop in new retail centers like Megaworld’s Upper East Mall in Bacolod City. According to Colliers Philippines’ 2025 Philippine Property...
The Philippines and South Korea have signed multiple Memoranda of Understanding (MOUs) to advance nuclear energy development in the Philippines. These agreements highlight collaborations aimed at enhancing energy security, diversifying the energy mix, and fostering...
The Philippine Chamber of Agriculture and Food, Inc. (PCAF) is advocating for increased dairy cattle imports and advancements in artificial insemination (AI) technology to bolster the country’s domestic dairy production. PCAF President Danilo V. Fausto...
President Ferdinand R. Marcos Jr. (PBBM) has signed the Self-Reliant Defense Posture (SRDP) Revitalization Act, which aims to foster a robust and sustainable domestic defense industry, reducing reliance on foreign military equipment and technology. The SRDP law...
Broadband provider Converge ICT Solutions Inc. has partnered with Nasdaq-listed Infinera Corp. to supply submarine line terminal equipment (SLTE) for the Philippine branch of the Bifrost Cable System and to upgrade its terrestrial fiber assets across the country. This...
The Philippines and South Korea have recently signed agreements to finance three major infrastructure projects, aimed at boosting connectivity and economic development in Luzon and Visayas. One of the key projects is the Samar Pacific Coastal Road II, which will...
7-Eleven Philippines, operated by Philippine Seven Corporation (PSC), is gearing up for significant expansion in the coming years. The convenience store chain, which recently celebrated its 40th anniversary and the opening of its 4,000th store, aims to reach 500 new...
The Philippines and Sweden have formalised a strategic partnership aimed at accelerating cancer control efforts, with Bataan serving as the pilot province. The collaboration brings together key stakeholders, including the Bataan General Hospital, AstraZeneca, Elekta,...
The Philippine Space Agency (PhilSA) recently unveiled the Copernicus Data Centre, a key milestone in the EU Global Gateway strategy. Located in Quezon City, this facility is the first of its kind in Asia and will serve as a hub for Earth observation data processing...
The Department of Agriculture (DA) and the Korea Agricultural Machinery Industry Cooperative (KAMICO) have signed a memorandum of understanding (MOU) to establish the Philippines’ first agricultural machinery industry complex. The complex will be located on a...
Over 150 Taiwanese companies participated in the Philippine Investment Forum (PIF) held in Taipei on October 22, 2024, showcasing investment opportunities in key sectors such as smart transportation, electric vehicles (EVs), smart city development, semiconductor...
