Nearly 95 percent of Philippine exports to the United Arab Emirates will now enjoy preferential tariff treatment, giving Filipino manufacturers a sharp competitive edge under the newly signed Comprehensive Economic Partnership Agreement (CEPA), the Department of Trade and Industry said.
TE Connectivity Manufacturing Philippines, Inc. is doubling down on the country, committing P4 billion to expand its Batangas operations and signal a long-term bet on the Philippines as a high-tech production and innovation hub.
A delegation of senior Japanese lawmakers from the ruling Liberal Democratic Party visited the Philippines from January 6 to 7 to strengthen bilateral cooperation on security and economic issues.
The Bases Conversion and Development Authority (BCDA) is making a fourth push to attract private investors to commercialize the passive information and communications technology (ICT) backbone of New Clark City, relaunching a P2.5-billion project critical to building the country’s first smart metropolis.