The Philippine Economic Zone Authority (PEZA) is within reach of its P300-billion investment target for 2026, with approvals hitting about P297 billion by end-September and three months left in the year.
KABAN Boracay is expanding its food and beverage portfolio ahead of its grand opening this month, bringing Korean restaurant Chung Dam and Japanese dining brand Umi Matsu to its Station 0 complex.
Philippine mall developers are easing off rapid expansion and putting more capital into redevelopments, upgrades and premium lifestyle concepts as changing consumer preferences reshape the retail landscape.
The Department of Energy (DOE) has begun firm preparations to safeguard the country’s power system against the projected Super El Niño, which may push electricity rates higher alongside tighter supply.
The Bases Conversion and Development Authority (BCDA) and Japan’s Zip Infrastructure Co. Ltd. have moved closer to testing a self-driving cable car system in Camp John Hay, signing an agreement that sets the stage for feasibility studies, financing discussions, and a possible joint venture.
DHL Express Philippines plans to make its entire delivery fleet electric by 2030, putting the country ahead of DHL’s global target of at least 60 percent electric vehicles by the end of the decade.
Indian luxury jewelry maker Ivani Diamonds is exploring a potential export manufacturing and raw-material processing operation in the Philippines, with Davao and other parts of Mindanao among locations under consideration.
The Manila Electric Co. (Meralco) has joined forces with Banahaw Technological College Inc. (BTCI) through a newly signed agreement designed to prepare students for real-world careers in the energy sector through a specialized talent farm program.