Tag: Philippines

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Philippines, South Korea ink 7 deals boosting industries

Philippine and South Korea companies sealed seven major deals on Wednesday, signaling a big leap in bilateral economic cooperation.

Philippines, South Korea deepen economic alliance

Philippine President Ferdinand Marcos Jr. and South Korean President Lee Jae-myung on Tuesday pledged to broaden cooperation across trade, infrastructure, defense, nuclear energy and emerging technologies, marking a significant expansion of economic ties between the two Asian countries .

UK-Philippines align pipelines, unlock investments

The Philippines and the United Kingdom are tightening economic ties, aligning policy dialogue with hard project pipelines to turn diplomatic goodwill into concrete deals.

Philippines, Japan forge 11 new loan deals

The Philippines is set to ink 11 new loan agreements with Japan under Japanese fiscal year 2026, totaling JPY371.31 billion, roughly USD2.41 billion, strengthening the decades-long development partnership between the two nations.

Europe deepens Philippine trade amid uncertainty 

Europe is pushing to deepen trade and investment ties with the Philippines as global economic uncertainty reshapes international commerce, according to European and Nordic diplomats.

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SM Hotels Sweep Multiple Honors at Global Awards

Two of SM Hotels and Conventions Corporation’s (SMHCC) flagship properties captured multiple accolades at the Haute Grandeur Global Awards 2026, cementing the group’s reputation as a leader in regional hospitality.

DOE, French firm push hydrogen power in PH

The Department of Energy (DOE) and French firm Hydrogène de France Energy are optimistic about using hydrogen for cleaner energy generation in the Philippines.

House impeaches VP Duterte anew

Vice President Sara Duterte was impeached anew by the House of Representatives on Monday, after 255 lawmakers endorsed the complaint resolution that will be transmitted to the Senate for trial. The total was more than double the minimum requirement of 106 votes and 40 higher than the 215 votes that backed a largely similar complaint last year, which was later stopped by the Supreme Court from proceeding to a Senate trial. During Monday’s vote, 26 lawmakers voted against the impeachment resolution, while nine abstained. Duterte was impeached over allegations of unexplained wealth, betrayal of public trust, graft, and misuse of confidential funds. The vote came shortly after a change in leadership in the Senate.

ACEN Australia unit reaches financial close for solar project

ACEN Corp. said its Australian subsidiary, Yindjibarndi Energy Corp. (YEC), has secured financial close for the Jinbi solar project in the Pilbara region, allowing construction to begin.

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