Delegates explored the Incheon Free Economic Zone (IFEZ) during the 2026 World Journalists Conference, gaining firsthand insight into South Korea’s premier investment hub. Participants to the recent World Journalists Conference (WJC) 2026, including Manila Bulletin, visited Songdo Central Park...
The United States (US) and the Philippines are planning to establish a 4,000-acre, or a nearly 1,619-hectare (ha), industrial hub in Luzon aimed at strengthening supply chains for critical inputs, according to the US Department of State. In an April 16 fact sheet, the US State Department said the...
BEIJING, China — China is projected to surpass the United States (US) as the world’s largest economy as early as 2030, insulated from Middle East volatility and American protectionism by long-term strategic planning, according to a leading foreign policy expert. Qu Bo, dean of the School of...
Special Envoy to the United Arab Emirates Ma. Anna Kathryna Yu-Pimentel on Wednesday, April 15 welcomed the opening of the Manila office of Dubai International Chamber, describing it as a clear result of strengthened diplomatic and economic engagement between the Philippines and the United Arab...
The Philippine Economic Zone Authority (PEZA) signaled plans to lower this year’s ₱300-billion target for investment pledges amid a 22-percent drop in approvals in the first quarter, as the ongoing war in the Middle East dampens investment plans. In a statement on Saturday, April 11, PEZA said...
The interagency Fiscal Incentives Review Board (FIRB) has allowed registered business enterprises (RBEs) in economic zones and freeports to temporarily adopt work-from-home (WFH) arrangements of up to 90 percent of their workforce, following the declaration of a national energy emergency. In a...
Vice President Sara Duterte cautioned Filipino families to prepare for more difficult economic conditions in the coming months, citing rising fuel costs and increasing prices of basic goods, while urging households not to compromise on education spending. In her speech at the Rambakan Festival in...
The Philippines is more vulnerable to “stagflationary” shock than any of its Southeast Asian neighbors as surging energy costs and cooling domestic demand squeeze the country’s economy, according to Oversea-Chinese Banking Corp. (OCBC) In a research note published last week, OCBC economists...
The Aurora Pacific Economic Zone and Freeport Authority (APECO) is pushing for the proposed Casiguran international seaport to be declared a national priority, as the investment promotion agency (IPA) ramps up efforts to secure investor backing for the big-ticket infrastructure project. APECO...
The Philippine Economic Zone Authority (PEZA) has requested the expansion of the 50-percent work-from-home (WFH) limit in ecozones to as much as 100 percent, giving registered business enterprises (RBEs) more leeway to adjust their operations amid rising fuel prices without forfeiting their...
The Aurora Pacific Economic Zone and Freeport Authority (APECO) is advancing plans to develop a domestic airport at its site in Casiguran town in Aurora province, with bidding scheduled this year and commercial operations targeted by the second quarter of 2027. APECO is also pursuing a future...
President Marcos’ declaration of a state of national energy emergency was a timely preemptive strike against volatile global crude markets rather than a delayed reaction, according to private sector economists, who warned that Filipino consumers must still prepare for a prolonged period of...