Tag: ASEAN

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Middle East conflict speed ASEAN renewables

Rising geopolitical tensions in the Middle East may unintentionally accelerate Southeast Asia’s shift toward renewable energy, as governments confront the economic risks of heavy dependence on imported fossil fuels.

ASEAN ministers weigh Middle East shock, tariffs

Economic ministers from the Association of Southeast Asian Nations (ASEAN) are set to confront two mounting external risks—escalating Middle East tensions and new US tariffs—when they gather for upcoming talks expected to probe the region’s exposure to global volatility.

Philippines Drives Practical Reforms For Stronger ASEAN Business

As chair of the Association of Southeast Asian Nations (ASEAN), the Philippines is positioning itself to push for a more competitive and investor-friendly regional business environment, with a new forum aimed at translating policy dialogue into concrete reforms.

Lotte Pepsi targets Philippines as export springboard  

LOTTE Pepsi Cola Products Philippines Inc. is eyeing the Philippines as a potential ASEAN export hub for Korean beverages, signaling a strategic pivot that could expand its manufacturing footprint and deepen bilateral business ties.

Factory ambitions rise as power woes persist 

Japanese manufacturing giant MinebeaMitsumi is increasing its investment in the Philippines even as it wrestles with stubborn infrastructure gaps.

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Cirtek swings to loss as Quintel sale weighs

Listed semiconductor company Cirtek Holdings Philippines Corp. swung to a USD2.8 million net loss in the first half of 2026, from a USD1.1 million profit a year earlier, as a one-time write-off tied to the disposal of its Quintel business compounded higher costs and operating expenses.

Crescendo set to benefit from SCTEX Luisita expansion

Ayala Land’s Crescendo estate is poised to benefit from the expansion of the SCTEX Luisita Interchange, as improved connectivity strengthens Tarlac’s position as an emerging growth center in Central Luzon.

JJ Ibarreta named communications director at DM&A Co.

Dugenia, Marayan & Associates Co. (DM&A Co.) has appointed John “JJ” Ibarreta as Communications Director, strengthening its leadership team as a digital-first integrated communications agency.

DA highlights sugar technologists’ role in industry growth

Department of Agriculture (DA) Secretary Francisco Tiu Laurel Jr. recognized the Philippine Sugar Technologists Association (PhilSuTech) as a vital partner in driving science-backed growth, higher incomes, and resilience for the country’s sugarcane industry.

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