The Philippines is stepping up efforts to attract more Singaporean investments, with the Department of Trade and Industry (DTI) lining up a business mission that aims to convert growing investor interest into projects across manufacturing, digital services, agribusiness, and other high-growth industries.
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.
The Department of Trade and Industry (DTI) has warned consumers against purchasing FLAVA, also marketed as XFLAVA, vape products, saying the items were smuggled into the country and are not authorized for sale or distribution in the Philippines.
ST Telemedia Global Data Centres (STT GDC) is accelerating its Philippine expansion, betting that surging demand for artificial intelligence and cloud computing will outweigh long-standing concerns over electricity costs and strengthen the country's position as a regional digital infrastructure hub.
Trade Secretary Cristina A. Roque said the landmark ASEAN Digital Economy Framework Agreement (DEFA) could reshape regional commerce by lowering barriers to cross-border digital trade, opening a larger market for Philippine businesses and accelerating Southeast Asia's digital economy into a multi-trillion-dollar growth engine.
The impressive run of Alex Eala at the Prudential Hong Kong Open ended with a painful thud on Sunday, as a troublesome right leg proved a bigger opponent than she could handle in the championship match.
Filipino households and businesses can look forward to significant relief at the pumps this week, with a major downward adjustment in fuel costs forecast following five consecutive weeks of mixed price trends.
Chemical maker D and L Industries Inc. is more hopeful about next year following the US midterm elections, which have raised hopes for an end to the Iran conflict, lower oil prices and a stronger peso. President Alvin Lao cited these as clear positives, though he warned that damaged supply chains, a severe El Niño and domestic political tensions remain key concerns.
AyalaLand Logistics Holdings Corp. (ALLHC) sharply improved its earnings in the third quarter, with net income of P62 million helping narrow its nine-month profit decline to 9 percent as industrial lot sales gained traction and cold storage operations expanded.