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HD Hyundai expands $2B Philippine shipyard hub

HD Hyundai Heavy Industries is expanding in the Philippines, executing nearly USD2 billion in maritime projects while expanding its industrial footprint in Subic, a top executive announced at the Philippines–Korea Business Forum.
Trade & Investments

Philippines, South Korea ink 7 deals boosting industries

Philippine and South Korea companies sealed seven major deals on Wednesday, signaling a big leap in bilateral economic cooperation.
Travel & Tourism

GTBA urges visa-free access to Japan, South Korea

Filipino travelers could soon breeze into Japan and South Korea with just a click. The Global Tourism Business Association (GTBA) is pushing Philippine authorities and foreign embassies to allow holders of valid US or Canada tourist visas to apply online for instant visas to the two Asian destinations.
Trade & Investments

Pokémon Plush pushes Clark jobs skyward

A plushie gold rush is heading to Clark. A manufacturer of Pokémon-themed soft toys is eyeing a USD200-million plant in the zone, promising to generate around 6,000 jobs and inject new life into the local economy.
Corporate

Asian Terminals to voluntarily delist from PSE

Asian Terminals, Inc. (ATI) is set to voluntarily delist from the Philippine Stock Exchange (PSE) after the Maharlika Investment Corporation’s (MIC) tender offer reached the required threshold.