Trade & Investments
Lower energy cost, better infrastructure to draw more foreign capital
For all its growth potential, the Philippines still faces two stubborn barriers to attracting more foreign investment: expensive electricity and weak infrastructure. Fixing both could unlock the country’s next phase of economic expansion.
Electronics exports poised to surpass $50B
The Philippines’ electronics sector is keeping a steady hand despite simmering Middle East tensions, signaling resilience as export revenues near a record-breaking milestone.
Philippines free trade push expands global reach
The Philippines is accelerating its free trade strategy, aiming to strengthen competitiveness and unlock new markets for local industries, Trade Secretary Cristina Roque announced at the ASEAN Business Environment Forum in Taguig City.
US medical glove firm eyes Philippine factory
A planned investment by the US Medical Glove Co. (USMGC) in the Philippines could create more than 2,000 jobs, President Ferdinand R. Marcos Jr. announced after meeting company executives in New York City on Monday.
Deadline extended: BCDA woos ICT investors
The Bases Conversion and Development Authority (BCDA) has extended the proposal deadline for its P2.5-billion New Clark City ICT project, aiming to woo more private investors into a public-private joint venture.
