Tag: European Chamber of Commerce of the Philippines

President Ferdinand Marcos Jr. has created a national council to fast-track artificial intelligence (AI) adoption, coordinate government initiatives, and attract investments in the emerging technology, while addressing risks to jobs and workers.

The Philippines expects two major trade initiatives, the ASEAN Digital Economy Framework Agreement (DEFA) and a free trade agreement with Canada, to expand export opportunities and help smaller enterprises participate more actively in international commerce.

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.