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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EcoSolar’s 22.5MW Capiz battery storage facility starts testing, to boost Visayas power supply

Yuchengco-led EcoSolar Energy Corp. (ESEC) announced that its 22.5 megawatt / 45 megawatt-hour Panitan Energy Storage Project in Capiz began testing and commissioning as a generation facility last week.

GSIS sets aside ₱2.75-B emergency loans for 109K members, pensioners in calamity zones

The Government Service Insurance System (GSIS) has allocated ₱2.75 billion in emergency lending to assist over 109,000 active members and old-age and disability pensioners living in areas hit by crop pest infestations, rising dengue infections, and the El Niño dry spell.

Marcos expands LIMA ecozone for new industrial investments

President Ferdinand Marcos Jr. has approved the addition of nearly eight hectares to the LIMA Technology Center in Batangas, expanding industrial space for new factories and existing companies looking to increase capacity.

Apex Mining net income rises 40% to ₱7.61 billion in first nine months

Apex Mining Co. Inc. reported a 40 percent rise in its consolidated net income for the first nine months of 2026, reaching ₱7.61 billion from the ₱5.45 billion posted in the same period last year, the company announced Tuesday.

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