Philippines lags ASEAN peers in AI electronics supply chain
The Philippines is participating in Asia’s artificial intelligence-driven electronics boom, but its presence remains concentrated in fewer product categories than several ASEAN peers, limiting its exposure to the broader wave of semiconductor, networking and data-center investment, according to the ASEAN+3 Macroeconomic Research Office (AMRO).
AMRO Slashes Philippine Growth Forecast as ASEAN Pulls Ahead
The ASEAN+3 Macroeconomic Research Office (AMRO) has sharply cut its Philippine growth forecasts for 2026 and 2027, leaving the economy trailing most of its Southeast Asian peers as inflation, weak investment and external pressures constrain activity.
Ayala Malls expands solar rollout across more locations, boosting clean energy shift
Ayala Malls is scaling up its rooftop solar installations across its properties, accelerating the move toward renewable energy as it builds more sustainable spaces.
Toshiba plans major Philippine expansion, adding 3,000 jobs
Toshiba Corp. is preparing a major three-year expansion of its hard disk drive manufacturing operations in the Philippines, potentially adding 3,000 jobs as rising demand for data storage strengthens the country’s role in the global technology supply chain.
Citicore targets 5-GW renewable portfolio after milestone
Citicore Renewable Energy Corp. (CREC) is accelerating investments in solar power, battery energy storage systems (BESS) and integrated renewable projects after reaching 1 gigawatt (GW) of installed capacity, setting its sights on a 5-GW portfolio within five years.
