Japanese companies are preparing a new round of investments in the Philippines, reinforcing the country's position as a key manufacturing base in Southeast Asia amid ongoing efforts to diversify supply chains and strengthen regional production networks.
The Philippine Economic Zone Authority (PEZA) is ramping up its green industrialization agenda, with renewable energy investments emerging as a key pillar in its bid to make Philippine ecozones more competitive and attractive to global investors.
Proposed amendments to the Philippine Economic Zone Authority (PEZA) charter seek to significantly expand the agency’s autonomy, giving it broader regulatory control and faster decision-making powers in a bid to sharpen the Philippines’ competitiveness in attracting foreign direct investments.
SM Offices is doubling down on Quezon City's emergence as a major business hub with the construction of North Tower 3, a 22-storey office building that will add about 31,000 square meters of PEZA-accredited office space to the SM North EDSA Complex.
The Philippine Economic Zone Authority (PEZA) is stepping up its sustainability push with the launch of a digital platform designed to help exporters strengthen environmental, social, and governance (ESG) reporting as global buyers and investors place greater scrutiny on sustainability performance.
The Department of Energy (DOE) has confirmed that Koloma Inc. has begun formal surveys and studies to verify if commercially viable amounts of naturally occurring hydrogen exist in Pangasinan. Koloma holds Service Contract No. 84 covering a hydrogen resource area in the province, and also operates the adjacent Service Contract No. 83 that spans parts of Zambales.
President Ferdinand R. Marcos Jr.'s working visit to Singapore this week will put trade, investments and sustainability at the forefront of bilateral relations as the Philippines steps up efforts to attract higher-value capital and deepen economic ties with one of its biggest investment partners.
The Department of Energy (DOE) announced on Monday that gasoline prices per liter could either fall by as much as P1 or rise by up to P1 this week, while diesel and kerosene rates will definitely see increases. Diesel is expected to go up by P2.62 to P4.62 per liter, and kerosene by P2.22 to P4.22 per liter. Last week, gasoline could have dropped by up to P1.75 or increased by a maximum of P0.25, while diesel and kerosene were permitted rollbacks ranging from P1.57 to P3.57 and P1.70 to P3.70 respectively. As of today, only Seaoil has released its official price adjustments, taking effect at 6 a.m. on July 14: gasoline will rise by P1 per liter, diesel by P4.60, and kerosene by P2.30 across the board.
Pole line hardware manufacturer Jocelyn Forge, Inc. (JFI) has signed a retail electricity supply agreement with COREnergy, seeking lower power costs and a more reliable energy supply as manufacturers increasingly turn to competitive electricity sourcing to improve efficiency and protect margins.