Metro Pacific Water Begins Construction of the Philippines’ Largest Desalination Plant
Metro Pacific Water (MPW) has begun construction on the Metro Iloilo Desalination Facility, set to be the largest desalination plant in the Philippines. The USD 95.9 million project aims to address the growing demand for clean water in Iloilo by converting 66.5...
Aramco Acquires Stake in Unioil to Expand Philippine Market Presence
Saudi Arabia’s Aramco has signed an agreement to acquire a 25% stake in Unioil Petroleum Philippines, marking its entry into the growing downstream fuels market in the Philippines. The acquisition, subject to regulatory approvals, is part of Aramco’s global strategy...
Philippines and UAE Strengthen Trade and Investment Ties
The Philippines and the United Arab Emirates (UAE) are set to expand trade and investment cooperation following a meeting between President Ferdinand R. Marcos Jr. and UAE Minister of Investment Mohamed Hassan Alsuwaidi at Malacañang Palace. Discussions centered on...