The Board of Investments (BOI) and the Korea Trade-Investment Promotion Agency (KOTRA) have formalized their partnership to strengthen bilateral trade and investment ties between Manila and Seoul. In a Memorandum of Understanding (MOU) signed on Oct. 7, 2024, the two agencies committed to jointly...
Atin’s exclusive shop-in-shop at Kultura, Level 2, SM Makati Atin, a home decor brand deeply rooted in Filipino heritage and values recently launched its first boutique space at Kultura. This new chapter marks a significant milestone in Atin’s journey, showcasing a curated collection of...
The Yuchengcos has teamed up with the Aboitizes for the joint development of an expanded Economic Estate in Tarlac through House of Investments and Aboitiz InfraCapital (AIC), respectively. In a disclosure to the Philippine Stock Exchange, AIC said they are forging plans for a strategic partnership...
The Philippines stands ready to embrace South Korea's investments, President Marcos told foreign investors as he stressed that investing in the country is a "fine strategic move." President Ferdinand 'Bongbong' Marcos Jr. and Republic of Korea President Yoon Suk Yeol lead a toast during the state...
Metro Pacific Investments Corporation’s digital healthcare platform, mWell, reported that it has integrated Physiare Physical Therapy Center’s cutting-edge physical therapy offerings in the mWell HealthHub. In a statement, mWell said this collaboration provides users with seamless access...
PLDT Inc., Manila Electric Company (Meralco), and Metro Pacific Investments Corporation are infusing a total of P570 million into DigiCo which is investing the same amount for a stake in Bayad Center and Multipay Corporation. In disclosures to the Philippine Stock Exchange (PSE), PLDT, Meralco, and...
Mabuhay Vinyl Corp. (MVC), the country’s sole chlor-alkali producer, has increased its production capacity at its plant in Iligan City, the Board of Investments (BOI) said. In a statement, the BOI said the MVC invested P630 million in the facility to meet the rising demand for essential chemicals...
Metro Pacific Health Corporation (MPH), the leading private hospital group in the country, has acquired a majority stake in San Francisco Doctors Hospital (SFDH) in Agusan del Sur. The investment,. made with subsidiary Santos Clinic, Inc. (SCI) which owns and operates Manuel J. Santos Hospital...
The Board of Investments (BOI) has approved a total of P4.13 trillion in high-impact projects, including hundreds of renewable energy (RE) investments, through its green lane initiative. Of the 126 projects certified by the BOI, 119 are clean energy projects, with a combined investment value...
The Department of Energy (DOE) is making a bold promise to power plant investors that it will be extending utmost help so they can secure warranted permits with the national government agencies (NGAs) as well as with their host-local government units (LGUs) so that the P1.29 trillion worth of...
The Board of Investments (BOI) has approved the registration of Nakashin Davao International Inc.'s 519.2-kilowatt peak Solar PV Rooftop System project, the first renewable energy (RE) initiative to receive energy efficiency incentives. With a projected budget of P26 million, the Solar PV Rooftop...
Young billionaire and Solar Philippines Founder Leandro Leviste is investing over P15 billion to create jobs in Batangas and other provinces through his Provincia Investments Corporation (PIC). In an announcement posted on Solar Philippines’ Facebook page, Leviste said this new budget is in...