Tag: foreign investments

The Authority of the Freeport Area of Bataan (AFAB) is moving to tighten oversight of private port facilities following a Supreme Court ruling affirming its exclusive regulatory authority within the freeport and its expansion areas, as rising vessel traffic adds urgency to the implementation of a unified framework.

DoubleDragon Corp.’s Hotel101 Global Holdings Corp. is taking its Filipino hotel brand to Africa, signing a countrywide development agreement in Egypt anchored by a planned 750-room property in Cairo worth an estimated USD102.1 million.

The Supreme Court has declared unconstitutional key provisions of the 2024, 2025 and 2026 national budgets, ruling that congressional increases beyond the President’s recommended appropriations violated constitutional limits and weakened safeguards over public spending.

The VinFast VF 3 emerged as the Philippines’ best-selling battery electric vehicle (BEV) model in the first eight months of 2026, recording 2,906 units sold from January to August, according to data from the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) cited by the company.