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Over US$1 billion in pipeline data center investments seen in Philippines

The Philippines is drawing significant interest in the data center industry, with 1,505 megawatts (MW) of pipeline investments estimated to be worth over US$1...

Barradas Airfield poised for revival under strategic partnership with West2East Aviation Services Inc.

Barradas Airfield is set to reopen with a renewed vision under a dynamic new partnership spearheaded by West2East Aviation Services Inc., a newly established...

BSP cuts policy rates by another 25 basis points amid lower inflation

The Monetary Board, the policy-making arm of the Bangko Sentral ng Pilipinas (BSP), reduced the policy rate by another 25 basis points on decelerating...

ASEAN trade ministers vow to finalize ATIGA Upgrade, Digital Economy deals this year

ASEAN trade ministers reaffirmed their commitment to finalize this year the ASEAN Trade in Agreement or the ATIGA Upgrade and the negotiations for the...

3 manufacturing firms shifting production to Philippine factories – PEZA

Three manufacturing firms from Japan, China and Taiwan are shifting their capacities to their factories in the Philippines to cushion the adverse impact of...

Maersk, DTI mull warehousing collaboration for Philippines SMEs

Maersk, the world’s leading integrated logistics company, is exploring potential collaboration to extend its services to small and medium enterprises (SMEs) in the Philippines. Jenn...

US-China trade war to decrease bilateral trade by 80%; severe damage to global economy – WTO

The World Trade Organization (WTO), the world's multilateral regulatory trade body, projected that the escalating trade tensions between the United States and China could...

Airbus signs Letter of Intent with THAI to retrofit A350 fleet

Airbus and Thai Airways International (THAI) have signed a Letter of Intent (LoI) to retrofit the airline’s A350s, enhancing passenger comfort and operational efficiency,...

Basra Gateway Terminal handles largest vessel call at Umm Qasr

Basra Gateway Terminal (BGT), International Container Terminal Services, Inc.’s (ICTSI) operation at the Port of Umm Qasr, Iraq, has set a new industry benchmark...

Random checks reveal 40% of PH steel bars are substandard – PISI

As much as 40 percent of steel bars—a critical construction material—inspected by the Philippine Iron and Steel Institute (PISI) have been found non-compliant with...

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