USD 3 Billion Energy Complex to be Built in Batangas City

May 1, 2019

Three Chinese state-owned companies have agreed to develop a 102-hectare property into an Energy complex in the coastal village of Simlong in Batangas City, Philippines. Simlong Energy Development Corp, which is named after the coastal village, signed the MOUs with...

MacroAsia, PTC Group Inaugurate Aviation School in Subic

Apr 1, 2019

MacroAsia, Philippine Airlines’ (PAL) aviation support affiliate, and PTC Group, a diversified crew management and training company in the Philippines, have jointly opened the First Aviation Academy (FAA), Inc., located in Subic Bay International Airport. The PHP150...

Mondelez Philippines Taps Energy Development Corp for Geothermal Energy

Apr 1, 2019

Mondelez Philippines, the Philippine subsidiary of global snacks manufacturer Mondelez International, has tapped Energy Development Corp (EDC) to supply renewable Energy to one of its Manufacturing plants in the country. EDC is the largest geothermal power producer in...

Philippines Bill to Provide Incentives for Innovative Start-ups

Apr 1, 2019

The Philippines government is taking a significant step to make local startups more competitive in the region. Senate Bill 1532 or the Innovative Startup Act is awaiting President Rodrigo Duterte’s signature.  The Innovative Startup Act aims to provide a set of...