Economy
US envoy to push PH tech corridor
US Under Secretary of State for Economic Affairs Jacob Helberg will visit the Philippines next week as Washington ramps up efforts to deepen economic security and technology ties with Manila under the newly launched Pax Silica initiative.
PEZA, BCDA boost New Clark investment drive
The Philippine Economic Zone Authority (PEZA) and Bases Conversion and Development Authority (BCDA) are tightening coordination to position New Clark City as a more seamless and investor-friendly destination under the expanding Luzon Economic Corridor (LEC).
ADB offers $1.75 billion aid to PH amid Middle East crisis
The Asian Development Bank (ADB) on Friday said it is ready to provide up to $1.75 billion in additional financing to help the Philippines deal with the economic effects of the ongoing conflict in the Middle East.
South Korea fuels foreign investment surge in Q1
Foreign investment approvals in the Philippines jumped 52 percent in the first quarter, driven largely by South Korean capital and major projects in entertainment, manufacturing, and tourism-related industries, according to the Philippine Statistics Authority.
F&B investors still eye PH expansion despite political, global risks
Foreign food and beverage (F&B) investors remain interested in expanding operations in the Philippines despite political uncertainties and global supply concerns, according to Food Industry Asia (FIA).
