The Philippines’ planned high-technology hub under Pax Silica in New Clark City is emerging as a major investment magnet, with the project expected to attract up to USD70 billion in investments, create as many as 190,000 direct jobs, and accelerate the country’s push into advanced manufacturing.
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.
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.
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'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.
Smart Communications, Inc. is scaling up its mobile network infrastructure here to deliver faster, more reliable connectivity in a key commercial and agricultural center of the Cordillera Administrative Region.
Jollibee Group has been honored as the first-ever Global Growth Champion at the inaugural Globie Awards, the official recognition program of the Global Restaurant Leadership Conference (GRLC), which gathers top executives from the worldwide restaurant and foodservice industry.
The Aurora Pacific Economic Zone and Freeport Authority (APECO) is asking Congress for stronger budget support to keep an estimated P18 billion investment pipeline moving, warning that a sharp funding cut could undermine the economic zone’s ability to attract investors.
Two Philippine startups are getting a bigger regional spotlight after Clouted and OneLot landed on Forbes Asia’s 2026 “100 to Watch” list, putting the country’s young tech ventures among Asia-Pacific’s emerging companies to watch.