Epson Precision Philippines Inc. (EPPI) is expanding beyond its established precision printing operations into industrial robotics manufacturing, adding to the Philippines’ push to attract higher-value, technology-driven investments.
Singapore-based Sembcorp Industries is exploring a potential industrial park investment in Clark as the Philippines seeks to strengthen its position as a regional hub for export manufacturing and supply-chain operations.
Australian healthcare provider Kairos Care/Kairos Medical Group is exploring the Philippines as a base for export-oriented IT-BPO operations that would support its Australian healthcare business, adding to growing interest in the country as a destination for knowledge-intensive services.
United Parcel Service is expanding its Clark operations, providing Philippine Economic Zone Authority locators with another logistics option as the government develops Clark as a major gateway for trade and investment outside Metro Manila.
President Ferdinand R. Marcos Jr. has declared the Aboitiz Group's Biz Hub at Lima Estate in Lipa City, Batangas as a special economic zone, paving the way for the mixed-use development to attract more information technology and business process management (IT-BPM) investments outside Metro Manila.
The Bangko Sentral ng Pilipinas (BSP) has maintained the 3.0-percent monthly ceiling on finance charges for unpaid credit card balances while raising the limits on installment add-on rates and cash advance processing fees.
SM Hotels and Convention Centers (SMHCC) is adding a premium rooftop events venue at Conrad Manila, broadening its offerings for private celebrations and corporate gatherings as it builds out the Mall of Asia Complex as a destination for meetings and events.
PLDT Inc. has until February 13, 2027, to submit its delayed 2024 and 2025 annual financial reports to avoid possible suspension and delisting proceedings on the New York Stock Exchange (NYSE), following the withdrawal of its external auditor’s opinions on the two sets of financial statements.
Metrobank Chief Economist Nicholas Mapa has been named the top analyst at The Asset Benchmark Research Awards, clinching the Best Individual Sellside Research title.