Companies Planning to Open Vaccine Manufacturing Facilities in the Philippines
A number of companies are planning to establish vaccine manufacturing facilities in the Philippines in the next few years as the country continues its push to become “vaccine self-reliant,” a government official announced. Dr. Zen Biotech Inc., which has...
Converge ICT Solutions to Invest USD100M in Trans-Pacific Cable System
Local fiber broadband provider Converge ICT Solutions Inc. is investing USD 100 million (around PHP 5 billion) in the joint development of a cable landing system in the southern Philippines with Singapore’s Keppel Midgard Holdings Pte. Ltd. (KMH). KMH is a part...
Philippines Office Space Demand Rises 22.5% in First Quarter of 2021: LPC
The Philippines office market registered positive growth as demand rose by 22.5% in the first quarter of 2021 on account of optimism on post-pandemic economic recovery, according to Leechiu Property Consultants (LPC). The office demand reached 109,000 square meters...