Trade & Investments
Clark pushes local sourcing to build resilient supply chains
The Clark Development Corp. (CDC) is driving local supply chain integration within the Clark Freeport Zone, urging manufacturers and exporters to source materials from fellow locators to cut import reliance under the Luzon Economic Corridor (LEC).
Singapore cleantech firm explores urban mining facility
Singapore-based cleantech company BioMetallica is sizing up the Philippines for a potential urban mining facility that would recover valuable metals from electronic waste and other industrial materials, according to the Board of Investments (BOI).
JTI targets wider exports with ₱1.9-B Batangas plant
JT International (JTI) is positioning its P1.9-billion Dry Ice Expanded Tobacco (DIET) plant in Batangas to support potential production growth and broaden the Philippines’ export reach, as the country strengthens its role as the tobacco giant’s manufacturing hub for Asia.
Philippine-EU trade deal key as GSP+ exit nears
The Philippines is pushing for a free trade agreement (FTA) with the European Union to protect preferential market access and shield exporters from higher tariffs as the country moves closer to losing eligibility for the EU’s Generalized Scheme of Preferences Plus (GSP+).
UK seeks immediate trade gains with Philippines
The United Kingdom is seeking to deepen trade and investment ties with the Philippines without waiting for Manila’s accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), signaling a parallel approach to bilateral and regional economic integration.
