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...
Construction of the long-delayed New Cebu International Container Port (NCICP) in Tayud, Cebu City, has officially commenced. Led by Transportation Secretary Jaime Bautista and other government officials, the groundbreaking marks the start of a USD 290 million (PHP...
DXC Technology, a global IT services provider, has partnered with Allianz PNB Life, a major life insurer in the Philippines, to streamline operations and improve efficiency. The collaboration has reduced policy issuance time from several days to just five minutes and...
The National Dairy Authority (NDA) has partnered with French consultancy Phylum SARL to assess the feasibility of the Philippine Dairy Project, which aims to establish a modern dairy farm in Ubay, Bohol. The study will determine eligibility for a concessional loan...
Singapore-based Ninja Van has teamed up with Universal Robina Corporation (URC) to optimize product restocking and distribution across key retail locations. The partnership leverages Ninja Restock, Ninja Van’s B2B logistics solution, to streamline the delivery of...
FLS Group, a global logistics provider specializing in project cargo and heavy-lift transport, has partnered with AC Logistics, a Philippine-based end-to-end logistics company under Ayala Corporation, to tackle energy and infrastructure challenges in the Philippines....
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...
