Tag: ASEAN

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Paraguay pushes trade, investment, ties with Philippines

Paraguay is seeking to strengthen trade, investment, and diplomatic ties with the Philippines and the broader Southeast Asian region, President Santiago Peña said Monday during the signing of key bilateral agreements.

ADB pledges $30B to help shield ASEAN economies

The Asian Development Bank pledged to mobilize USD30 billion by 2030 to help Southeast Asian economies strengthen resilience, accelerate regional integration and cushion the impact of mounting geopolitical and economic shocks.

Philippine automakers plot decade-long shift to EVs

The Philippines’ top automotive assemblers are aligning behind a phased, decade-long transition to electric mobility, backing the government’s goal of making electric vehicles account for 50 percent of the country’s vehicle fleet by 2040 under the Comprehensive Roadmap for the Electric Vehicle Industry.

Philippines pushes ASEAN unity, targets concrete gains

The Philippines is calling for deeper integration within the Association of Southeast Asian Nations (ASEAN), warning that stronger regional coordination is now essential as global uncertainties intensify.

Philippines’ climate budgeting system gains regional traction

The Philippines’ Climate Change Expenditure Tagging (CCET) system is emerging as a regional benchmark as Southeast Asian governments move to treat climate risks as fiscal shocks and hardwire resilience into national budgets.

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Malampaya gas deal to cut power costs by September

Prime Energy will begin supplying indigenous Malampaya natural gas to the 1,200-megawatt Ilijan Power Plant in September, a move expected to lower electricity costs by reducing the plant's dependence on more expensive imported fuel.

Ayala Land leads Philippine winners at regional HR awards

Ayala Land Inc. emerged as the biggest Philippine winner at the 2026 Human Capital Awards Southeast Asia, reflecting the growing role of talent strategy and workplace innovation as competitive advantages beyond traditional business metrics.

Manila Water sets free August desludging for East Zone areas

Manila Water is calling on customers in its East Zone concession to join its scheduled August desludging activities, noting this helps protect public health and keep waterways clean. Regular removal of septic tank waste stops untreated sewage from contaminating drains, groundwater and rivers.

Davao transport modernization set for partial 2028 start

The Department of Transportation says the Davao Public Transport Modernization Project is on track to begin partial operations in the first quarter of 2028.

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