The free trade agreement (FTA) between the Philippines and South Korea officially took effect on December 31, 2024, marking a historic milestone in their economic relationship. Signed on September 17, 2023, the FTA aims to create new opportunities for businesses and...
Envision Energy, a global leader in green technology, has achieved a significant milestone by signing the Philippines’ largest single wind power contract to date. The agreement, awarded by ACEN, the renewable energy platform of the Ayala Group, involves...
The Philippines will receive EUR 10.7 million (USD 11.12 million) from the European Union (EU) to support climate mitigation and adaptation initiatives. This funding is part of the Climate Fund Managers’ (CFM) Climate Investor Two (CI2) Fund, a USD 1 billion blended...
Ayala Healthcare Holdings, Inc. (AC Health) has partnered with the US Agency for International Development (USAID) to tackle the HIV epidemic in the Philippines by enhancing access to stigma-free care and essential services. AC Health is a wholly-owned subsidiary of...
Philippine blockchain education technology platform Bitskwela has partnered with Sonic Labs to enhance the understanding and practical application of blockchain in universities across the Philippines. Recognizing a growing national interest in blockchain, Bitskwela...
Acciona Infrastructure, a global leader in sustainable infrastructure, is set to expand its investments in the Philippines while continuing to collaborate with government and private partners on transformative projects. During the Pilipinas Conference 2024, CEO Jose...
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...
