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.
The Philippines could lose out on major investments tied to Pax Silica unless it moves faster to address political resistance, regulatory hurdles, infrastructure gaps, and workforce needs, the Makati Business Club (MBC) warned.
The Anti-Red Tape Authority is moving to help clear regulatory bottlenecks for the proposed Pax Silica Innovation Ecosystem in New Clark City, while insisting that faster government approvals will not mean weaker legal, environmental, or social safeguards.
The Philippines is seeking long-term investment commitments for a planned advanced manufacturing hub in Clark to ensure the project survives potential policy shifts after presidential elections in the Philippines and the US.
Senate President Sherwin Gatchalian is backing the Philippines’ bid to secure the proposed Pax Silica high-technology manufacturing hub, calling the project a “once-in-a-lifetime opportunity” to draw foreign direct investments, create jobs, and build the country’s next major growth engine after business process outsourcing.
ASEAN leaders agreed to draw more investment into critical mineral processing and manufacturing while tightening regional cooperation on exports of sensitive goods, as the bloc seeks to capture more industrial value and protect strategic supply chains.
Andok’s Litson Corp. has partnered with Rockport Power to secure power supply for 16 of its stores, using the Retail Aggregation Program (RAP) to bring down electricity expenses amid rising operational costs.
The Department of Energy (DOE) and the Economic Research Institute for ASEAN and East Asia (ERIA) have formalized a partnership to advance the country’s energy transition through research, technical cooperation, and policy support for a secure, reliable, and affordable energy system.
Maynilad Water Services Inc. has sealed two agreements with the Metropolitan Waterworks and Sewerage System (MWSS) and the National Irrigation Administration (NIA) to turn NIA’s excess water resources into public drinking‑water supply, strengthening water security across Cavite.