Singapore-based tech services firm NCS has entered into a joint venture with Globe Telecom in the Philippines, acquiring a 51% stake in Globe’s IT subsidiary, Yondu. The partnership is set to significantly expand NCS’ presence in the country, increasing its local...
The Philippines has signed five new loan agreements with the Japan International Cooperation Agency (JICA) totalling JPY 171.58 billion (USD 1.13 billion) to fund key infrastructure and climate-related initiatives. The agreements were finalised during the 15th...
New NAIA Infrastructure Corp. (NNIC) has partnered with Collins Aerospace, a subsidiary of RTX Corporation, to modernise Ninoy Aquino International Airport (NAIA) with advanced airport technologies aimed at improving efficiency and the passenger experience. Starting...
Australian home and lifestyle brand Anko continues its expansion in Metro Manila with the upcoming launch of its largest store in the Philippines at Trinoma Mall, Quezon City, scheduled for July 2025. Spanning 1,634 square meters, the store will feature 1,421 sqm of...
The Philippines and the United Kingdom have signed a new Joint Framework to expand bilateral cooperation across multiple sectors, including defense, trade, maritime security, and climate resilience. The agreement was formalized in Taguig City on April 13 by Philippine...
Unioil Lubricants Inc. (ULI), the lubricants division of the Philippine-based Unioil Group of Companies, has entered into a strategic partnership with Spanish energy company Repsol S.A. As part of the agreement, Repsol Downstream Internacional, S.A.U., a subsidiary of...
The Union of Local Authorities of the Philippines (ULAP) has partnered with Takeda Healthcare Philippines, a subsidiary of Takeda Pharmaceutical Company Limited, to enhance local government efforts in combating dengue through the Empowering Communities for a...
Metro Pacific Water (MPW) has begun construction on the Metro Iloilo Desalination Facility, set to be the largest desalination plant in the Philippines. The USD 95.9 million project aims to address the growing demand for clean water in Iloilo by converting 66.5...
Saudi Arabia’s Aramco has signed an agreement to acquire a 25% stake in Unioil Petroleum Philippines, marking its entry into the growing downstream fuels market in the Philippines. The acquisition, subject to regulatory approvals, is part of Aramco’s global strategy...
The Philippines and the United Arab Emirates (UAE) are set to expand trade and investment cooperation following a meeting between President Ferdinand R. Marcos Jr. and UAE Minister of Investment Mohamed Hassan Alsuwaidi at Malacañang Palace. Discussions centered on...
Philippine Seven Corp, the exclusive operator of 7-Eleven in the Philippines, plans to invest PHP 5 billion (USD 85.32 million) to open over 400 new stores in 2025, according to its Taiwanese parent company, President Chain Store Corp. The expansion aims to grow the...
The Philippine Navy is set to acquire two submarines under the final phase of its military modernization program (Horizon Three) to strengthen maritime defense. AFP Chief of Staff Gen. Romeo Brawner confirmed the plan, calling it a long-term goal for the archipelagic...
