Tag: ASEAN Digital Economy Framework Agreement

The Philippines is seeking Brazilian investments in food processing, ethanol and clean energy, as government and business leaders pursue partnerships to boost domestic production, create jobs and strengthen food and energy security.

Prime Infrastructure Capital Inc. is banking on expanded Malampaya gas production and large-scale pumped storage hydropower projects to strengthen Philippine energy security, reduce exposure to volatile fuel prices and accommodate a growing share of renewable power.

ASEAN trade ministers have signed a landmark Digital Economy Framework Agreement (DEFA), establishing common rules for online commerce, digital payments and cross-border data flows in a bid to double Southeast Asia’s digital economy to USD2 trillion by 2030.

The Philippines and Canada have concluded negotiations for a bilateral free trade agreement (FTA), setting the stage for expanded market access, greater investment flows and new opportunities for exporters, service providers and small businesses.