Pax Silica hub agreement still targeted for yearend signing
The Philippines remains hopeful of signing the master agreement for the proposed Pax Silica advanced manufacturing hub before yearend, with negotiations progressing and no major substantive issues threatening a deal, Trade Undersecretary Ceferino Rodolfo said.
Foreign direct investments drop to $4.8 billion in first eight months of 2026
Foreign direct investment (FDI) into the Philippines recorded a net inflow of $4.8 billion during the first eight months of 2026, dropping from the $5.9 billion registered in the same period last year, the Bangko Sentral ng Pilipinas (BSP) on Tuesday reported.
EcoSolar’s 22.5MW Capiz battery storage facility starts testing, to boost Visayas power supply
Yuchengco-led EcoSolar Energy Corp. (ESEC) announced that its 22.5 megawatt / 45 megawatt-hour Panitan Energy Storage Project in Capiz began testing and commissioning as a generation facility last week.
GSIS sets aside ₱2.75-B emergency loans for 109K members, pensioners in calamity zones
The Government Service Insurance System (GSIS) has allocated ₱2.75 billion in emergency lending to assist over 109,000 active members and old-age and disability pensioners living in areas hit by crop pest infestations, rising dengue infections, and the El Niño dry spell.
Marcos expands LIMA ecozone for new industrial investments
President Ferdinand Marcos Jr. has approved the addition of nearly eight hectares to the LIMA Technology Center in Batangas, expanding industrial space for new factories and existing companies looking to increase capacity.
