The proposed Philippines-United States Pax Silica Economic Security Zone promises to place the country at the forefront of artificial intelligence infrastructure, semiconductor manufacturing, advanced packaging, and strategic minerals processing. If realized responsibly, it could create thousands...
On a stretch of land the size of roughly 1,620 hectares north of Manila, the Philippine government and its allies are racing to build what officials are billing as the country 's gateway into the global artificial intelligence economy. But for thousands of farmers and residents who call that...
Department of National Defense (DND) Secretary Gilberto Teodoro Jr. dismissed concerns that the proposed Pax Silica industrial hub in New Clark City could trigger water shortages, saying no project would be approved without a sustainable water supply. Teodoro said manufacturing facilities naturally...
Malacañang has assured the public that the proposed Philippines-United States Pax Silica Economic Security Zone will comply with strict environmental and water resource safeguards, amid concerns over its potential impact on host communities. Presidential Communications Office (PCO) Undersecretary...
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...
Department of Finance (DOF) Secretary Frederick D. Go said the government hopes to sign within the year the framework agreement for the first technology hub under the United States (US)-led Pax Silica Initiative, a project anchored by Taiwan’s Foxconn that seeks to establish a high-tech...
The Philippines joined 34 other economies, led by the United States (US), in affirming a shared commitment to align government regulations on artificial intelligence (AI) with the goal of strengthening global supply chains. The US State Department announced on Friday, June 26 (US time), that a...
The United Nations Conference on Trade and Development (UNCTAD) warned that critical mineral partnerships, such as the United States-led Pax Silica initiative, must align with multilateral trading rules to avoid exacerbating the fragmentation of the global trade system. In its latest global trade...
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...
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...
Washington is pressing Manila to grant unprecedented legal protections—potentially including a form of diplomatic immunity—to secure American corporate investments in the planned mega artificial intelligence (AI) hub in New Clark City, a proposal Philippine officials have already rejected. US...
More than a year after an unsolicited proposal was first submitted, the Subic Bay Metropolitan Authority (SBMA) has formally launched the Swiss challenge for the ₱6.2-billion Subic Bay International Airport (SBIA) project, opening the door to rival bidders for an airport that would complement the...