Tag: Luzon Economic Corridor

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PEZA: Luzon corridor offers ready industrial base

The Luzon Economic Corridor (LEC) can give investors a head start by plugging them into 218 established economic zones and 1,777 locator companies already operating along the Subic-Clark-Manila-Batangas corridor, according to the Philippine Economic Zone Authority (PEZA).

USTDA backs Subic ship repair, nationwide AI Wi-Fi projects

The U.S. Trade and Development Agency (USTDA) is two Philippine infrastructure projects that could expand ship repair capacity in Subic Bay and bring AI-enhanced public Wi-Fi to thousands of sites nationwide.

Subic-Clark-Manila-Batangas rail key test of Luzon corridor

The 212-kilometer Subic-Clark-Manila-Batangas freight railway is emerging as a key test of whether the Luzon Economic Corridor can turn investor interest into actual infrastructure, with the government targeting tangible progress within the next 12 to 18 months.

EU, Spain join Luzon Economic Corridor with financing support

The European Union and Spain have joined the Luzon Economic Corridor, expanding its international partnership to 13 countries as the Philippines seeks to bring more financing, investment, and technical expertise into major infrastructure projects.

Aboitiz eyes LIMA talent model for Luzon corridor, Pax Silica

The Aboitiz Group is looking to replicate LIMA Estate’s integrated approach to industry, infrastructure, and workforce development across the Luzon Economic Corridor, as the Philippines prepares to compete for investments in advanced manufacturing, artificial intelligence, and other emerging industries.

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Swiss envoy urges exporters to embed sustainability in business

Filipino exporters face growing pressure to document their environmental and social performance as sustainability standards increasingly shape access to global markets, Swiss Ambassador Edgar Doerig said, urging businesses to adopt stronger reporting and responsible supply-chain practices to remain competitive.

Manila conference to chart inclusive farm modernization across Asia-Pacific

The Department of Agriculture (DA) and the UN Food and Agriculture Organization (FAO) are bringing together governments, agribusinesses, technology providers, and development partners in Manila this month to expand access to affordable farm machinery and services—key to cutting production costs, easing farm labor shortages, and raising incomes for millions across the Asia-Pacific region.

Foreign currency reserves drop to $97.4B

The Bangko Sentral ng Pilipinas (BSP) reported that the country’s gross international reserves (GIR) stood at $97.4 billion as of end-October 2026. This dip in foreign currency reserves was primarily driven by the central bank’s active foreign exchange interventions, downward adjustments in the value of gold assets amid shifting global prices, and the national government withdrawing funds from its central bank deposits to cover foreign debt service obligations alongside other international funding needs.

Motorcycle sales rebound 8.1% in Q3 to 524,860 units

Motorcycle sales among the country’s four major manufacturers rebounded in the third quarter of 2026, rising 8.1 percent year-on-year to 524,860 units as stronger monthly volumes in August and September reversed the previous quarter’s contraction.

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