The Philippines has secured a total of ₱51 billion in investment pledges from Japanese companies following last week ’s visit of the administration’s economic team to Japan, the Department of Trade and Industry (DTI) said on Monday, Sept. 15. Trade Secretary Cristina Roque announced during...
Melbourne, Australia – The Philippines’ commitment to offshore wind is about to face its ultimate test. In the coming months, the country’s green energy auction (GEA) for this technology will kick off, separating the “brave soul investors” from those who will quit before the competition...
The Energy Regulatory Commission (ERC) vowed to fast-track decisions on pending capital expenditure (CAPEX) projects from the National Grid Corporation of the Philippines (NGCP), following a request from the Department of Energy (DOE). On the sidelines of the 2025 Economic Journalists Association...
The Department of Transportation (DOTr) is confident that it will gain support from lawmakers to increase the budget for its active transport program to at least ₱2 billion, as the agency races to construct up to 2,400 kilometers (km) of bike lanes by 2028. During its budget hearing at the House...
The Department of Trade and Industry (DTI) is partnering with logistics giant DHL Group to strengthen the export readiness of the country’s micro, small, and medium enterprises (MSMEs). The DTI said it has signed a memorandum of understanding (MOU) with DHL on Sept. 10 to outline the logistics...
The Department of Energy (DOE) is actively seeking more investors from Japan to bolster the Philippines’ renewable energy (RE) sector. On Friday, Sept. 12, Energy Secretary Sharon Garin detailed potential partnerships to attract Japanese interest as the Philippines aims for a 35 percent RE share...
The Department of Agriculture (DA) has expressed its support for the Philippines’ ratification of a treaty under the United Nations Convention on the Law of the Sea (UNCLOS), which promotes the conservation and sustainable use of marine resources. In a statement, the DA said it will support the...
The Philippines will repay until 2053 its latest $400-million (nearly ₱23-billion) loan from the Manila-based Asian Development Bank (ADB) that supports the Marcos Jr. administration’s “Walang Gutom” Food Stamp Program. Documents showed that Finance Secretary Ralph G. Recto, on behalf of...
The Department of Transportation (DOTr) has extended its maintenance and rehabilitation agreement with the Japanese conglomerate Sumitomo Corp. for the Metro Rail Transit Line 3 (MRT-3) until 2027, while the privatization plan remains in the pipeline. Transportation Acting Secretary Giovanni Lopez...
Amid the recent flood control scandals preoccupying the Philippine government, Japan has assured that it will continue extending low-cost loans for big-ticket bridge, spillway, and maritime projects. This reaffirmation comes as investigations into anomalous flood control projects are being...
The digital verification system in e-commerce to ensure reliability of online transactions will no longer be voluntary and instead now mandated for every merchant and platform, according to the Department of Trade and Industry (DTI). The DTI launched the E-Commerce Philippine Trustmark to serve as...
The Department of Transportation (DOTr) aims to complete a multimodal transportation hub in Ilocos Norte by 2027, thereby further easing traffic congestion in the province. Transportation Undersecretary Mark Steven Pastor stated that the government is currently working on the construction of the...
