SteelAsia Lemery Works Inc. has secured investment incentives for a P19-billion project in Batangas that will produce medium steel sections locally, marking a shift in government policy toward using incentives to fill specific gaps in the domestic industrial base.
The Philippines is pitching itself to Polish investors as an emerging production and technology hub in Southeast Asia, highlighting opportunities in semiconductors, digital services, food processing, renewable energy, shipbuilding, and other industries as companies seek to diversify supply chains.
The Philippines needs to move more homegrown innovations from laboratories and prototypes into commercial use to raise productivity and sustain economic growth as the country moves into upper-middle-income status, government officials said Thursday.
Retirement is no longer a signal to slow down. For many Filipinos aged 60 and above, life after leaving the workforce opens a new chapter—one filled with travel, time with family and grandchildren, community involvement, small business ventures, or continued work on their own terms. Savings, built over a lifetime of effort, remain the foundation of this freedom.
Meralco PowerGen Corp. (MGen) has begun commercial operations for 600 megawatts (MW) of MTerra Solar Phase 1 under its power supply agreement (PSA) with Manila Electric Co. (Meralco), effective August 26, 2026.
PXP Energy Corp.’s 12.5 percent stake in Service Contract 80 (SC 80) gained a potentially more favorable resource outlook after operator Tetragon Energy Ltd. reported an increase in estimated prospective resources at the Halcon exploration prospect in the Southwest Sulu Sea.
MTerra Solar has begun commercial operations for 600 MWac of mid-merit capacity under its power supply agreement with Manila Electric Co. (Meralco), moving one of the Philippines’ biggest renewable energy projects from construction into revenue-generating service.
Primelectric Holdings, Inc. (PHI) is exploring opportunities to develop and operate electricity distribution systems in economic zones nationwide, potentially expanding its utility footprint as the Philippine Economic Zone Authority (PEZA) seeks more reliable power infrastructure to attract investments.
The Bases Conversion and Development Authority (BCDA) has started validating families and residents who could be affected by the proposed Clark Advanced Manufacturing Park (CAMP) in New Clark City, laying the groundwork for safeguards and assistance as the industrial project moves forward.