Tag: Investree Philippines

The Philippines and the US are racing to seal a framework agreement for the proposed Pax Silica technology hub in New Clark City before year-end, a move that could unlock one of Southeast Asia's biggest platforms for artificial intelligence, semiconductor, and advanced manufacturing investments.

Globe Telecom, Inc., the Ayala-led telecommunications firm, has obtained a P10-billion term loan from the Land Bank of the Philippines to fund its capital spending program, refinance existing obligations, and cover general corporate needs.

Alliance Global Group Inc. (AGI) has completed its acquisition of Genting Hong Kong Ltd.'s remaining stake in Newport World Resorts, ending a 17-year partnership that pioneered the Philippines' integrated resort industry and giving the conglomerate full control of one of its flagship gaming and tourism assets.

Clark's transformation into a regional logistics powerhouse hits another milestone in September as UPS opens its expanded hub, completing the first wave of global logistics and aviation investments lined up by the Bases Conversion and Development Authority (BCDA).