Trade & Investments

Clark readies for high-tech boom amid Pax Silica

Clark is positioning itself as a prime hub for high-technology industries, leveraging its existing semiconductor, logistics, and advanced manufacturing ecosystems, the Clark Development Corp. (CDC) said. 

Philippine-US deal could create 1M jobs

The Philippines and the US are accelerating economic and trade cooperation, with initiatives that could generate up to one million jobs for Filipinos, the Presidential Communications Office (PCO) said.

Tarlac Enerzone boosts Central Luzon manufacturing expansion

Central Luzon is gaining momentum as the country’s next major manufacturing hub, with industrial investors increasingly drawn to locations backed by reliable power infrastructure and integrated utilities.

US backs Clark Zone for secure supply chains

US Under Secretary for Economic Affairs Jacob Helberg underscored the growing global push for secure and reliable supply chains during a May 18 visit to the site of the Philippines’ planned Economic Security Zone in New Clark City.

DOJ cracks down on procurement bid-rigging schemes 

The Department of Justice–Office for Competition (DOJ-OFC) intensified its push for transparency and accountability in government procurement, convening a two-day online workshop to help government personnel and procurement practitioners detect bid rigging and other anti-competitive practices.

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