South Korea’s Luxia Corp. is set to invest P4.4 billion in a high-end mixed-use development featuring a hotel and serviced apartments in Clark Freeport.
The Philippines is seeking to strengthen and future-proof its long-standing economic partnership with Japan, a relationship seen as critical to regional stability and growth, according to Cezar Consing, president and CEO of Ayala Corp.
The planned expansion of Tong Hsing Electronics Phils., Inc. in Laguna is set to strengthen the Philippines’ position in the global electronics value chain, according to the Philippine Economic Zone Authority (PEZA).
The Philippines and Japan are marking 70 years of diplomatic relations with a renewed drive to expand economic, technological, and strategic cooperation, Finance Secretary Frederick Go said, highlighting the durability of one of Manila’s most trusted alliances.
Authorities have confiscated up to P1.4 billion worth of illicit vaporized nicotine products in a warehouse raid in Navotas City, marking one of the largest recent enforcement actions against the country’s underground vape trade.