Tag: Philippines

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Philippines, South Korea ink 7 deals boosting industries

Trade & Investments Context.ph Context.ph -
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

Trade & Investments Context.ph Context.ph -
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

Trade & Investments Context.ph Context.ph -
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

Trade & Investments Context.ph Context.ph -
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 

Economy Context.ph Context.ph -
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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PhilExport urges MSMEs to turn trade deals into export wins

Trade & Investments 0
The Philippines must do more than sign trade deals—it must help smaller businesses turn them into export sales, Philippine Exporters Confederation Inc. (PhilExport) President Sergio Ortiz-Luis Jr. said.

DA asks Senate to back P198.4-B 2027 budget to protect farmers, secure food

Agriculture 0
The Department of Agriculture is urging lawmakers to approve its P198.4-billion proposed 2027 budget, noting farmers and fisherfolk now face rising costs, climate risks, and global economic pressures.

DOE stands firm on new coal bidding rules to bolster national energy strategy 

Energy & Mining 0
The Department of Energy will proceed with its updated bidding rules for brownfield coal resource areas despite opposition from key industry player Semirara Mining and Power Corp. Energy Secretary Sharon Garin affirmed that the revised terms will apply uniformly to all prospective bidders, as the government seeks to prioritize domestic fuel supply over foreign exports.

Vingroup plans $500M EV plant in Philippines, EVIS role unclear

Mobility 0
The Department of Trade and Industry (DTI) said Wednesday that the proposed plant would have an initial annual production capacity of 200,000 units, serving both domestic and export markets. Construction is targeted to begin in the first quarter of 2027, with completion expected within 12 to 18 months.

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