The Philippines and South Korea Launch Historic Free Trade Agreement to Boost Economic Ties
The free trade agreement (FTA) between the Philippines and South Korea officially took effect on December 31, 2024, marking a historic milestone in their economic relationship. Signed on September 17, 2023, the FTA aims to create new opportunities for businesses and...
Envision Energy Signs Largest Wind Power Contract in the Philippines
Envision Energy, a global leader in green technology, has achieved a significant milestone by signing the Philippines’ largest single wind power contract to date. The agreement, awarded by ACEN, the renewable energy platform of the Ayala Group, involves...
EU Boosts Climate Projects in the Philippines, Enhancing Renewable Energy and Resilience
The Philippines will receive EUR 10.7 million (USD 11.12 million) from the European Union (EU) to support climate mitigation and adaptation initiatives. This funding is part of the Climate Fund Managers’ (CFM) Climate Investor Two (CI2) Fund, a USD 1 billion blended...