Tag: ASEAN

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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.

Marcos pushes ASEAN trade unity drive

As the Philippines prepares to chair the Association of Southeast Asian Nations in 2026, President Ferdinand Marcos Jr. is calling for deeper regional economic integration to restore the bloc’s role as a global growth engine.

Philippines weighs united ASEAN front on US tariff

The Philippines is weighing whether to push for a coordinated regional response to Washington’s newly announced 15 percent global tariff, as trade talks continue and no formal position has been adopted.

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ICTSI secures MICT operations for another 25 years

International Container Terminal Services, Inc. (ICTSI) has extended its contract to run the Manila International Container Terminal (MICT) for another 25 years, keeping operations until May 2063.

Philippine exports hit record as electronics drive surge

Philippine merchandise exports surged to a record USD8.8 billion in June, the highest monthly level since official records began in 1991, fueled by booming electronics shipments and strengthening global demand for advanced manufacturing products.

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.

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