SteelAsia is pressing ahead with a USD1.5 billion expansion over the next five years, confident in long-term domestic steel demand despite a slowdown in government construction projects.
President Ferdinand Marcos Jr. on Friday emphasized that global crises are opportunities to reinforce cooperation among Southeast Asian nations, as leaders convened for the 48th ASEAN Summit.
Japanese investors continue to view the Philippines as an attractive destination despite global economic uncertainties and shifting business conditions, according to Sumitomo Mitsui Banking Corporation (SMBC) Manila Branch managing director and country head Hiroyasu Kanda.
The Philippine Economic Zone Authority (PEZA) is holding firm on its P300-billion investment target for 2026, highlighting a resilient manufacturing sector, robust exports, and ongoing expansion by investors despite global uncertainties.
ASEAN leaders are expected to issue a unified statement on the Middle East at the 40th ASEAN Summit tomorrow, outlining both a regional position and a framework for addressing future crises, Foreign Affairs Secretary Ma. Theresa Lazaro said.