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U.S. business mission to explore investment opportunities within Luzon Economic Corridor 

  More than 25 top level executives from major American companies are targeting Manila, Clark, Subic, and Corregidor or the Luzon Economic Corridor during their...

PH’s upper-middle income status,  reflecting country’s economic resilience — DEPDev

The Philippines has officially entered the World Bank’s Upper-Middle Income Country (UMIC) category, marking a historic economic milestone driven by sustained growth, sound macroeconomic management, and long-term structural reforms, the Department of Economy, Planning, and Development (DEPDev) said.   The World Bank confirmed the upgrade in its...

DA, DILG issue tax break rules for farm warehouses

The Department of Agriculture (DA) and the Department of the Interior and Local Government (DILG) have signed a Joint Memorandum Circular (JMC) establishing uniform...

DOE eyes formal invitation to Japan, Saudi Arabia to establish fuel storage facility in Bataan

The Department of Energy (DOE) expects to formally invite Japan and the Kingdom of Saudi Arabia within the year to invest in overseas fuel...

MOL, IBM Japan jointly develop AI platform to enhance decision-making in vessel operations

Mitsui O.S.K. Lines, Ltd. (MOL) and IBM Japan, Ltd. today announced the joint development of an AI-powered platform that integrates a wide range of...

Chelsea Logistics’ subsidiary Starlite Ferries acquires new RoRo vessel

Starlite Ferries Inc., a subsidiary of Chelsea Logistics and Infrastructure Holdings Corp.,  has acquired a brand new RoRo vessel “M/V STARLITE GRATITUDE” as part...

Bounty targets areas with ‘infrastructure to deliver’ fresh, marinated chicken as expansion sites

Bounty Fresh Group Holdings, Inc., the second-largest poultry integrator in the Philippines, said that aside from the economic output of a particular area, they...

PEZA project approvals surge 94.42% to PHP140.7 B in H1 of 2026  

Amid intensifying global competition for investments and the ongoing reconfiguration of international supply chains, the Philippine Economic Zone Authority (PEZA) approved 157 new and...

PH Investment Coordination Committee greenlights LRT 1 Common Station, 3 more key projects

The Investment Coordination Committee – Cabinet Committee (ICC-CC) has approved four major public investment projects spanning sectors that touch the daily lives of millions...

FAST Logistics to expand cold chain operations in Davao

FAST Logistics, the country's leading logistics company, is planning to build a new cold chain facility in Davao as it expands its operations and...

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