Trade & Investments

Maynilad Water Services Inc. is backing government efforts to overhaul the permitting process for water infrastructure projects, saying faster approvals would accelerate investments, reduce service disruptions, and improve the delivery of water services to millions of consumers.

The Philippines is stepping up efforts to attract more Singaporean investments, with the Department of Trade and Industry (DTI) lining up a business mission that aims to convert growing investor interest into projects across manufacturing, digital services, agribusiness, and other high-growth industries.

Thai companies are exploring investment opportunities in the Subic Bay Freeport, signaling growing regional interest in the Luzon Economic Corridor (LEC) as the Philippines positions the flagship growth corridor as a magnet for foreign capital and supply chain investments.

The Philippine Economic Zone Authority (PEZA) and Oman's Public Authority for Special Economic Zones and Free Zones (OPAZ) have identified four priority industries for deeper investment cooperation, as both countries seek to strengthen trade and position their economic zones as complementary gateways to regional markets.

The Bureau of Customs (BOC) collected a record P95.848 billion in July, its highest monthly revenue haul on record, as stronger customs enforcement and improved trade facilitation continued to bolster government revenues.