Amazon Web Services (AWS) is exploring the establishment of an AWS Region in the Philippines, a project that could bring up to USD5 billion in investments over the next 15 years and significantly strengthen the country's digital infrastructure and technology ecosystem.
The Department of Science and Technology (DOST) has launched the Ilocos Region's first Regional Yarn Production and Innovation Center (RYPIC), a move aimed at strengthening the domestic textile industry and creating up to 5,000 jobs across the country's fiber-to-fashion value chain.
The Philippines has become the first Southeast Asian economy to be featured in the World Intellectual Property Organization's (WIPO) Intangible Investment Highlights 2026, underscoring the country's growing shift toward an innovation-driven economy built on technology, software, brands, data, and intellectual property.
Government-owned and -controlled corporations (GOCCs) have remitted P140 billion in dividends to the National Government so far this year, with 15 state-run firms each contributing at least P1 billion, highlighting their growing role as a major source of non-tax revenues that help fund public services and infrastructure.
President Ferdinand Marcos Jr. has appointed former Interior Secretary Benhur Abalos as Cabinet Secretary, returning a key political ally to his administration after the one-year ban on appointing defeated election candidates expired. Palace Press Officer Undersecretary Claire Castro said Abalos will advise the President on emerging national and political issues, coordinate with government agencies and stakeholders, and head the Strategic Action and Response Office, which oversees Malacañang's complaints centers. Abalos resigned in 2024 to run for senator but placed 16th in the 2025 elections. He previously served as Marcos' campaign manager and Interior secretary. (Marjohara Tucay)
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.
Department of Environment and Natural Resources (DENR) Secretary Juan Miguel Cuna has ordered scaled-up use of science and technology across all field and enforcement units to boost forest and watershed protection, directly supporting corporate operations, infrastructure planning, and regulatory compliance nationwide.
The Power Sector Assets and Liabilities Management Corp. (PSALM) confirmed Thursday that a consortium led by San Miguel Corp. has submitted an unsolicited proposal to rehabilitate the Agus-Pulangi hydroelectric complex in Mindanao, marking a major milestone in the government’s long-running effort to modernize and privatize one of the country’s largest remaining state-owned power assets.
Manulife Philippines and Manulife Global Solutions (MGS) are expanding community initiatives focused on financial resilience, health and well-being as longer life expectancy puts greater emphasis on preparing Filipinos for healthier and more financially secure lives.