The Philippines had been identified by the Coalition for Emerging Market Infrastructure Investment (CEMII) as initial focus market for infrastructure investment across Indo-Pacific Economic Framework (IPEF) economies, the Department of Energy (DOE) said on Monday.
The chairman of PLDT Group, Manuel V. Pangilinan, on Monday projected a bright future for the 5G technology in the Philippines, particularly at this point when 5G devices prices are coming down.
Mass housing developer 8990 Holdings Inc. on Monday said it signed an agreement with the local government of Quezon City to provide residential housing units for its employees and so-called informal setters.
DMCI Homes Inc. on Monday said it is into Cebu City’s booming condominium market and investing approximately P20 billion to develop a four-hectare property in Barangay Guadalupe.
The Asian Development Bank (ADB) is ramping up investments in Asia and the Pacific with a USD70 billion push into energy and digital infrastructure through 2035, signaling a major shift toward regional connectivity as a driver of growth.
The Philippine stock market is expected to stay under pressure in the near term, as global uncertainties and a weak peso continue to dampen investor sentiment, according to 2TradeAsia.com.
The Philippines is moving to deepen cooperation with Israel on critical minerals processing and artificial intelligence (AI), aiming to climb higher in the global technology value chain.