Tag: PDSHC

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.

President Ferdinand Marcos Jr. urged global companies to commit long-term capital to the Philippines, pitching the country as a base for shifting supply chains as the government expands infrastructure, skills, and regulatory reforms.

Foreign direct investment (FDI) into the country slowed in the first half of 2026 compared to the same period last year, driven primarily by lower intercompany loans and reduced reinvestment of earnings by foreign companies.

DP World and Asian Terminals Inc. (ATI) have commissioned six state-of-the-art hybrid Rubber-Tired Gantry (RTG) cranes at Manila South Harbor, boosting capacity while advancing safer, more efficient and low-emission operations.