Trade & Investments
Philippines, Vietnam set sights on expanding trade
The Philippines and Vietnam are aiming to push bilateral trade beyond USD10 billion as the two Southeast Asian economies deepen economic and security ties under a planned Enhanced Strategic Partnership.
Exports extend winning run as DTI ramps up support
The Philippines' export sector is proving surprisingly resilient in an increasingly uncertain global economy, posting its 16th straight month of growth and giving trade officials fresh reason to double down on programs aimed at helping local exporters compete abroad.
Japanese tech giant commits P25B expansion
Japanese electronics manufacturer MinebeaMitsumi Inc. is pouring another P25 billion into its Philippine operations, reinforcing the country's position in the global semiconductor supply chain and creating an estimated 3,000 new jobs.
CHAGEE brews faster growth, eyes local ingredients
Premium tea chain CHAGEE is ramping up its Philippine expansion, growing its store network to 16 locations within eight months of entering the market and exploring opportunities to source more ingredients locally as it deepens its presence in the country.
Tanita considers Philippines for new ASEAN plant
Japanese health technology firm Tanita Corp. is considering the Philippines as the site of a new export-oriented manufacturing facility, a potential investment that could generate about P2 billion in export sales and create around 500 jobs within five years of operations.
