Trade & Investments

Singapore-based Total Advanced Future Technology Pte Ltd (TAFT) is investing more on the Philippines, unveiling a P10-billion expansion in Batangas aimed at making the region a key hub for advanced, climate-resilient building technologies. 

The Philippines is aiming to advance discussions on a potential review of its trade agreement with Japan while seeking Tokyo’s backing for Manila’s bid to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), Trade Secretary Cristina Roque said.

A new large-scale coconut processing facility by Thailand-based Thai World Group is set to bolster the Philippines’ role as a major global supplier of value-added coconut products, while generating employment and investment in Northern Mindanao.

Paraguay is seeking closer economic ties with the Philippines, including a potential free trade agreement (FTA), as the South American nation positions itself as a gateway to a regional market of roughly 300 million people, Trade Secretary Cristina Roque said.

Former finance secretary and Philippine Stock Exchange chairman Jose T. Pardo called on the private sector Wednesday to keep investing and hiring, even amid rising inflation, warning that economic recovery cannot wait.