Groundbreaking for the planned United States (US) economic security zone in the Philippines could take place within the current Marcos Jr. administration, with the project expected to generate hundreds of thousands of jobs once fully developed, Philippine investment officials said. Officials from...
The soon-to-rise United States (US) economic security zone in the Philippines could strengthen the country’s role in global supply chains for semiconductors and critical minerals, potentially moving the local industry beyond its current focus on low-value assembly and testing, according to the...
Six multilateral development banks (MDBs) have launched a coordinated push to develop critical mineral value chains, seeking to move resource-rich economies beyond raw material exports and into higher-value manufacturing as part of efforts to strengthen supply chain resilience. In an April 17 joint...
Developing economies including the Philippines are pressing the World Bank Group (WBG) to help reduce borrowing costs as the economic fallout from the Middle East conflict drives up oil prices, disrupts supply chains, and threatens growth and food security. In an April 16 statement delivered before...
The Department of Energy (DOE) is dangling ‘captive electricity generation’ as a viable solution to the intensive energy needs of mining companies to bolster up whole chain development of critical minerals that will underpin technological innovations for the energy transition. “We’re...
HOUSTON – The ‘stranglehold’ of critical minerals which is just in the hands of very few producer-countries is seen as a major factor that will cause enormous strain and will drive up costs for the consumers of many countries traversing their pathway to energy transition. In a plenary...
HOUSTON – American billionaire and philanthropist Bill Gates will weigh in “clean energy technologies’ that could usher in success for the world’s energy transition agenda, when he takes the spotlight on Thursday (March 21) at the ongoing CERAWeek conference, which is a top-tier event...
