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.
The Bank of the Philippine Islands (BPI) is set to expand its sustainability efforts and mark a major milestone in its corporate history with a proposed ₱5-billion bond offering. Dubbed the BPI SIBOL Bonds, this issuance serves as the third tranche under the bank’s broader ₱200-billion bond and commercial paper program, with an option to increase the offer size based on demand.
In a historic move, top central bankers, climate scientists, and business leaders from around the globe converged at the Philippine International Convention Center on October 19, 2026, for the first-ever Green Swan Conference held outside Switzerland.
In a strategic move to address the growing demand for trusted data in artificial intelligence deployments, Boomi has officially acquired Elementary Data, a leading provider of data observability solutions. Following its recent acquisition of Lunar.dev, this latest addition significantly strengthens the Boomi Enterprise Platform by integrating advanced observability, data quality, governance, and discovery features essential for modern enterprise AI.
SM Prime Holdings Inc. is moving ahead with the first phase of a redevelopment of Susana Heights Village in Muntinlupa, planning new retail plazas and upgrades to community amenities as it seeks to refresh the established residential estate while preserving its low-density character.