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...
IRRI (International Rice Research Institute) and the Philippine Department of Agriculture’s Fertilizer and Pesticide Authority (DA-FPA) have signed a Memorandum of Agreement (MOA) aimed at training policymakers on the safe and effective use of agricultural...
RealEye.ai, an Israeli homeland security and law enforcement solutions provider, has announced a significant partnership with the Armed Forces of the Philippines (AFP) Cyber Division to enhance the nation’s cybersecurity capabilities. This agreement, secured for...
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...
