Singapore-based Universal Success Enterprises Limited (USEL) is exploring investments in logistics parks and data centers in the Philippines, underscoring growing foreign interest in sectors benefiting from the country's expanding digital economy and infrastructure buildout.
Toyota Motor Philippines (TMP) is optimistic the proposed Revitalizing the Automotive Industry for Competitiveness Enhancement (RACE) Program will be rolled out alongside the government's Electric Vehicle Incentive Strategy (EVIS), saying the twin initiatives would strengthen the country's automotive manufacturing base while accelerating the transition to cleaner mobility.
The Philippines has kept its standing as one of the world’s leading sources of skilled seafarers, after the International Maritime Organization confirmed the country fully meets global rules for maritime education, training and certification.
Philippine exporters stand to benefit from faster access to the Australian market after Federal Express Corp. (FedEx) introduced a new dedicated freighter service that shortens delivery times and strengthens regional supply chain connectivity.
The Department of Public Works and Highways (DPWH) has rolled out computer-guided paving technology to speed up the repair of EDSA while delivering better road quality and causing less hassle to the public.