Economy

LOTTE Pepsi Cola Products Philippines Inc. is eyeing the Philippines as a potential ASEAN export hub for Korean beverages, signaling a strategic pivot that could expand its manufacturing footprint and deepen bilateral business ties.

Greenhills Shopping Center has long been a Manila retail landmark, a sprawl of bargain electronics, glittering jewelry counters, and maze-like tiangge stalls that draw shoppers hunting for deals. For decades, it has thrived on volume, variety, and word-of-mouth reputation.

Philippine President Ferdinand Marcos Jr. and South Korean President Lee Jae-myung on Tuesday pledged to broaden cooperation across trade, infrastructure, defense, nuclear energy and emerging technologies, marking a significant expansion of economic ties between the two Asian countries .

President Ferdinand Marcos Jr. on Tuesday highlighted South Korea’s unwavering support for Philippine infrastructure, welcoming President Lee Jae-myung to Malacañan Palace in a landmark state visit marking 77 years of diplomatic ties.

Maynilad Water Services, Inc. is stepping up efforts to cut water losses, targeting Non-Revenue Water (NRW) levels of 25 percent by 2027 and 20 percent by 2030. The move aligns with regulatory commitments and long-term goals for reliable, sustainable service in Metro Manila’s West Zone.