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...
The Department of Agriculture (DA) has launched a four-year program aimed at modernizing the Philippines’ agriculture sector, with a focus on improving infrastructure to address domestic food production challenges. The plan emphasizes upgrading transportation,...
The Armed Forces of the Philippines (AFP) is advancing its defense modernization efforts by pursuing the procurement of the U.S.-made Typhon Mid-Range Capability (MRC) missile system. This move is part of the country’s ongoing shift towards enhancing its external...
MIESCOR Infrastructure Development Corp. (MIDC) and PhilTower Consortium, Inc. have finalized a joint venture aimed at enhancing telecom infrastructure and accelerating the deployment of wireless technology in the Philippines. This partnership seeks to strengthen the...
The construction of the 12-kilometer Lapu-Lapu Expressway (LLEX), the first expressway in the Visayas and Mindanao regions, is set to begin next year. This was confirmed by Cebu-Cordova Link Expressway Corporation (CCLEC) president, Allan Alfon, on September 27. The...
The first Disney Store in Southeast Asia has officially opened its doors at SM Mall of Asia in the Philippines, marking a significant addition to the region’s retail landscape. Located at one of the largest shopping malls in the country, the store features a wide...
President Ferdinand Marcos inaugurated the Philippines’ first electric vehicle (EV) battery factory on September 30, 2024, emphasizing its importance for the future of clean energy. The Australian-owned lithium-iron-phosphate plant, located in New Clark City,...