The Philippine Department of National Defense (DND) is set to acquire 12 additional FA-50 Fighting Eagle light combat aircraft from Korea Aerospace Industries (KAI) by 2025. The PHP 40 billion (USD 680 million) procurement aims to bolster the Philippine Air Force’s...
The Philippine government is ramping up incentives for telecom companies to encourage participation in Asia’s first Open Radio Access Network (Open RAN) laboratory, set to launch in May 2025. This initiative aims to enhance internet connectivity and affordability in...
Universal Robina Corporation (URC), one of the Philippines’ leading food and beverage companies, has unveiled a state-of-the-art milling complex in Sariaya, designed and built by Ocrim S.p.A., a global leader in milling technology. The facility, inaugurated on...
The Philippines has been attracting attention from several U.S. semiconductor and electronics companies following its participation in the Consumer Electronics Show (CES) 2025 in Las Vegas. According to the Philippine Economic Zone Authority (PEZA), discussions have...
Emirati state-owned energy company Masdar has committed to investing USD 15 billion in the Philippines’ renewable energy sector, following the signing of an Implementation Agreement with the Department of Energy (DOE). The agreement, signed in Abu Dhabi on January 15,...
The Asian Development Bank (ADB) has signed a financing agreement of up to USD 100 million with Ayala Corporation to accelerate the development of an electric mobility ecosystem in the Philippines. The funding will support the procurement and installation of electric...
Mapúa University has officially launched its School of Medicine, marking its entry into the country’s medical education sector. Known for its strong programs in engineering, technology, and architecture, the university is leveraging its expertise in innovation and...
The Philippine Economic Zone Authority (PEZA) has officially registered South Korean firm LCS Emon Commercial Corp. as a domestic market enterprise, allowing the company to set up an electric vehicle (EV) assembly plant in Malvar, Batangas. The agreement, finalized on...
Singapore has reinforced its commitment to advancing Indonesia’s green energy sector through investments in sustainable industrial zones and renewable energy projects in Batam, Bintan, Karimun (BBK), and Kendal Industrial Park. This commitment was announced...
361°, a leading Chinese sportswear brand, has officially entered the Malaysian market as part of its Southeast Asian expansion strategy. The company launched its first Malaysian store at IOI City Mall in Putrajaya, marking a significant milestone in its efforts to...
HP has launched its Manufacturing Transformation Centre (MTC) in Penang, Malaysia, as part of its efforts to drive Industry 4.0 adoption in the region. The facility is designed to support the digital transformation of manufacturing processes by showcasing advanced...
UVCell Solar, a US-based renewable energy developer, and Iozela Data Center, a Southeast Asian data center developer, have signed a strategic agreement to develop a sustainable data center complex and renewable energy hub in Malaysia. The project includes a new data...
