Prime Infrastructure Capital Inc. (Prime Infra), part of the Razon Group, has agreed to acquire all shares of SierraCol Energy Limited from global investment firm The Carlyle Group, a move analysts describe as timely and strategically important for both the company and the Philippines’ energy security.
Rising geopolitical tensions in the Middle East may unintentionally accelerate Southeast Asia’s shift toward renewable energy, as governments confront the economic risks of heavy dependence on imported fossil fuels.
The government says commuters and pedestrians will soon see safer and more efficient travel along Epifanio de los Santos Avenue (EDSA) as sidewalk expansion works under its ongoing rehabilitation reach 60 percent completion.
Airlines serving the Middle East are loosening ticket rules and waiving costly penalties as geopolitical tensions continue to disrupt flight schedules across the region.
The Philippines is pushing for a free trade agreement (FTA) with the European Union to protect preferential market access and shield exporters from higher tariffs as the country moves closer to losing eligibility for the EU’s Generalized Scheme of Preferences Plus (GSP+).
The United Kingdom is seeking to deepen trade and investment ties with the Philippines without waiting for Manila’s accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), signaling a parallel approach to bilateral and regional economic integration.
Taiwan-based CQS Precision Die Casting Inc. is expanding into the Philippines with a new manufacturing facility in Batangas, adding robotics production to the industrial mix at LIMA Estate.
The Department of Agriculture and National Fisheries Research and Development Institute are bringing snubnose pompano farming to Western Visayas, offering fish farmers a profitable new option.