The Philippines and the United States are moving quickly to advance the proposed Pax Silica initiative, with US Ambassador to the Philippines Lee Lipton saying Washington and Manila are "moving FAST" on what he described as one of the two countries ' biggest shared priorities. In a post on X...
In its recent Philippine property market overview for the first half of 2026, Santos Knight Frank revealed that evolving industrial demand is driving a shift in the sector from traditional dry warehouses to specialized facilities such as data centers, cold storage, and smart manufacturing...
Investments in critical infrastructure projects in the Philippines align directly with the United States ' national security agenda in the Indo-Pacific region, according to the US Trade and Development Agency (USTDA). Speaking at a US House Foreign Affairs Committee hearing last week, USTDA...
Thailand is looking more closely at the Philippines’ emerging investment landscape, with the Luzon Economic Corridor (LEC) drawing interest as a potential gateway for deeper economic cooperation between the two countries. That was the focus of a recent visit by Thailand’s Ambassador Dr....
Canada has formally joined the Luzon Economic Corridor (LEC) with an initial investment pledge of CA$2 million, as President Marcos on Sunday, July 5 (Manila time), declared his official visit a success that opened a "new chapter" in Philippines-Canada relations. Speaking before the Philippine...
The Philippines and the United States reaffirmed their commitment to strengthening economic cooperation, maritime collaboration, and regional security following a meeting between their top diplomats. Philippine Foreign Affairs Secretary Ma. Theresa P. Lazaro met with U.S. Secretary of State Marco...
The Philippines risks remaining a mere host for foreign-led artificial intelligence (AI) and semiconductor investments under the emerging United States (US)-led Pax Silica initiative unless it develops stronger domestic technological and industrial capabilities, according to the University of the...
President Marcos and United States Secretary of State Marco Rubio discussed bilateral security and economic priorities, including developments in the South China Sea and regional energy concerns, during a phone call on Monday morning, June 1. In a Facebook post, President Marcos described his phone...
For many years, when we spoke of prosperity corridors, we imagined highways, ports, railways, industrial estates, and airports. These remain essential. Goods still need to move. Workers still need transport. Factories still need land, power, water, and logistics. But the next prosperity corridor in...
Eight more countries have joined the Luzon Economic Corridor (LEC) initiative as “valued partners,” as the Philippines, Japan, and the United States reaffirmed their commitment to accelerate infrastructure development and economic connectivity in the country. The development came during the 4th...
Sweden is looking to expand its economic cooperation with the Philippines through new investments and financial grants following its formal integration into the partnership for the development of Luzon Economic Corridor (LEC). “We do see this as a first step and we will, together with our...
The government expects the addition of seven partner nations to the Luzon Economic Corridor (LEC) to cement the region’s status as a primary investment magnet, a move officials say is vital for insulating the economy against persistent global volatility. Finance Secretary Frederick Go said the...
