A new large-scale coconut processing facility by Thailand-based Thai World Group is set to bolster the Philippines’ role as a major global supplier of value-added coconut products, while generating employment and investment in Northern Mindanao.
British financial markets infrastructure and data provider TP ICAP has expanded its Philippine footprint with the opening of a new facility at the Philippine Economic Zone Authority-accredited ECOPRIME Building in Bonifacio Global City.
The Philippine Economic Zone Authority (PEZA) and Bases Conversion and Development Authority (BCDA) are tightening coordination to position New Clark City as a more seamless and investor-friendly destination under the expanding Luzon Economic Corridor (LEC).
UNAHCO, Inc., the animal nutrition and healthcare arm of United Laboratories, Inc. (UNILAB), is considering investments in Philippine economic zones to strengthen its agro-industrial operations and expand its nationwide manufacturing and logistics network.
The Philippine Economic Zone Authority (PEZA) is optimistic about a surge in Japanese investments in the Philippines following high-level business engagements in Japan from April 27 to May 1.
Accelerating power sector reforms could slash electricity prices, create more than 161,000 jobs and lift about 730,000 Filipinos out of poverty by 2030, with the World Bank arguing that lower energy costs may be one of the country's biggest catalysts for faster and more inclusive economic growth.
Intellectual Property Office of the Philippines (IPOPHL) Director General Teodoro C. Pascua said artificial intelligence could become a powerful engine for transforming Filipino ideas into globally competitive products, provided innovation is matched with stronger protection of intellectual property rights.
The Supreme Court's decision striking down Fisheries Administrative Order No. 266 has cast a wide net over the Philippines' fisheries sector, raising questions that reach well beyond the country's waters.
After hours of weather delays, organizers of the Mubadala DC Open postponed the women's singles final between Alex Eala and Jessica Pegula to noon Monday (midnight Tuesday in Manila) to allow the championship match to resume under safer conditions. Play was repeatedly interrupted by rain, forcing officials to suspend action for the safety of players and spectators. World No. 3 and top seed Pegula rallied from an early 3-4 deficit to capture the opening set, 6-4. Eala responded by taking the first game of the second set and built a 2-1 lead before another downpour halted play once again. Organizers said Sunday’s tickets will be honored while 1,000 more will be offered to fans who want to watch the finals.