The Philippines’ drive to strengthen its domestic manufacturing base gained fresh momentum after Chinese steel giant Panhua Group Co., Ltd. expanded its planned investment in the country to USD3.5 billion, signaling rising foreign investor confidence in the local industrial sector.
Globe Telecom Inc. introduced a wide range of mobile, home, and enterprise solutions on Tuesday, designed to help Filipinos cope with economic challenges and rising expenses.
Aboitiz Equity Ventures, Inc. (AEV) has earned an “A-” long-term foreign currency issuer rating with a Stable outlook from the Japan Credit Rating Agency, Ltd. (JCR). This confirms the company’s investment-grade standing and underscores the strength of its diverse businesses, careful spending strategy, and steady earnings.
The National Food Authority (NFA) has partnered with 15 rice mills in Soccsksargen under an emergency program to strengthen food security and free up warehouse space to buy palay from about 1,100 farmers in Central Mindanao, the Department of Agriculture (DA) announced Tuesday.