The government is going all out on the development of sustainable aviation fuel (SAF) through agreements with a local alliance promoting the decarbonization of the aviation sector, as it looks to position the country as a hub for renewable fuel. The Board of Investments (BOI) said in a statement...
Stressing that corruption "completely changes" how the government functions, President Marcos reaffirmed that his administration 's efforts against corrupt practices are serious. The fight against corruption in the country, Marcos said, is "as serious as it can get." He made the statement when...
State-owned Philippine Pharma Procurement Inc. (PPPI) has signed a Memorandum of Cooperation (MOC) with Yuchengco-led House of Investments (HI) to establish a Pharma Eco Zone in Tarlac for medical manufacturing and research and development, including vaccines. In a disclosure to the Philippine...
Forty-two Philippine companies earned spots on the third annual Fortune Southeast Asia 500 ranking, driven by strong performances from the country’s largest family-led conglomerates and financial institutions. Top Frontier Investment Holdings Inc., the controlling shareholder of San Miguel Corp.,...
mWell, the Metro Pacific Group’s fully integrated digital healthcare platform, has expanded its services to include mind health through a partnership with global mental health and well-being organization MindNation. "Mind health is just as important as physical health, and yet for so many...
The proposed merger between the tollway businesses of San Miguel Corp. (SMC) and Metro Pacific Investments Corp. (MPIC) is on track for completion in the third quarter of the year, with the plan currently in the valuation stage. MPIC Chairman Manuel V. Pangilinan confirmed that both companies are...
Sy-led conglomerate SM Investments Corp. has assured its customers and stakeholders of its continued commitment to maintaining rigorous data privacy standards as a core component of corporate governance. The conglomerate highlighted that its subsidiary, SM Retail, received the NPC Seal of...
The Board of Investments (BOI) has granted green lane status to ₱6.32 trillion worth of investments by the end of May, with the majority of the endorsed projects now undergoing pre-development following the expedited processing of permits. Data from the BOI showed that a total of 237 projects...
The Board of Investments (BOI) expects foreign investment pledges approved by the country’s investment promotion agencies (IPAs) to maintain their upward trajectory through the end of the year, despite a sharp decline in total approved investments in the first quarter. Department of Trade and...
Metro Pacific Water (MPW), a unit of tycoon Manuel V. Pangilinan’s Metro Pacific Investments Corp. (MPIC), has taken over the water distribution network of San Jose del Monte City in Bulacan on an interim basis. In a statement on Friday, June 5, MPW said the local government of San Jose del...
The Board of Investments (BOI) has certified ₱340.07 billion worth of investments under the green lane program for the first four months of the year, fueled by the growing appeal of the country as a renewable energy (RE) hub. In a statement, the BOI said these investments are from 14 proposed...
The government’s new list of economic activities eligible for incentives is expected to encourage the entry of investments aimed at propelling the country’s economic growth, according to the Department of Trade and Industry (DTI). Trade Secretary Cristina Roque said the government is looking...
