Tag: Pax Silica

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US pushed Pax Silica as Foxconn looms large

Communications & Technology Context.ph Context.ph -
The US is moving to fast-track the proposed Pax Silica initiative, a flagship technology project that the Philippine government believes could unlock hundreds of thousands of jobs and attract multi-billion-dollar investments from global technology giants, including Taiwan's Foxconn.

North property boom builds on Pax Silica optimism

Property Context.ph Context.ph -
Residential property demand is gathering pace north of Metro Manila, with land values in key Central Luzon growth corridors climbing far faster than in the more established southern market as infrastructure upgrades and industrial investments reshape the country's next housing hotspots.

Germany joins tech alliance, boosting Philippine AI ambitions 

Communications & Technology Context.ph Context.ph -
Germany's decision to join the Pax Silica Initiative strengthens the Philippines' push to become a strategic hub for semiconductors, artificial intelligence, and advanced manufacturing, adding one of Europe's industrial powerhouses to a growing coalition reshaping global technology supply chains.

Philippines eyes bigger AI role via global alliance 

Communications & Technology Context.ph Context.ph -
The Philippines is making its pitch to become more than a consumer of artificial intelligence. It wants a seat at the table where the chips, data centers, and investments are being built.

Clark readies for high-tech boom amid Pax Silica

Trade & Investments Context.ph Context.ph -
Clark is positioning itself as a prime hub for high-technology industries, leveraging its existing semiconductor, logistics, and advanced manufacturing ecosystems, the Clark Development Corp. (CDC) said. 
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PEZA, Oman target investments across four strategic industries

Trade & Investments 0
The Philippine Economic Zone Authority (PEZA) and Oman's Public Authority for Special Economic Zones and Free Zones (OPAZ) have identified four priority industries for deeper investment cooperation, as both countries seek to strengthen trade and position their economic zones as complementary gateways to regional markets.

Davao durian shipped to Oman in new trial export

Agriculture 0
The Department of Agriculture announced Tuesday that 56 boxes of Davao durian, weighing 1.08 metric tons and worth around P183,000 ($3,000), have been sent to Oman. The shipment from Engseng Food Products of Davao City is bound for Jeel Almaaly International in Al Dakhiliyah Governorate.

Petron net income drops 28% on high oil costs

Corporate 0
Petron Corp. reported a 28 percent fall in first-half net income to P3.8 billion from P5.3 billion a year earlier, the company said Tuesday. The decline was mainly due to Middle East tensions pushing crude, import and freight costs higher. Dubai crude averaged $91 a barrel, up 27 percent year-on-year.

Singapore’s USEL eyes Philippine logistics, data center investments

Transport & Logistics 0
Singapore-based Universal Success Enterprises Limited (USEL) is exploring investments in logistics parks and data centers in the Philippines, underscoring growing foreign interest in sectors benefiting from the country's expanding digital economy and infrastructure buildout.

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