Hyundai to Launch Shipbuilding Operations in the Philippines

Hyundai to Launch Shipbuilding Operations in the Philippines

South Korean conglomerate HD Hyundai plans to begin shipbuilding operations in the Philippines early in 2026. The development follows the signing of a 10-year lease agreement between HD Hyundai Heavy Industries and private equity firm Cerberus Capital Management...
Converge Connects Philippines to Asia-Pacific Subsea Cable System

Converge Connects Philippines to Asia-Pacific Subsea Cable System

Broadband and technology provider Converge ICT Solutions Inc. announced that an Asia-Pacific subsea cable system has reached Philippine shores, supporting the country’s digital transformation and regional trade integration. The Philippine branch is now linked to the...
The Philippines Emerges as Healthtech Outsourcing Hub

The Philippines Emerges as Healthtech Outsourcing Hub

The Philippines is emerging as a key player in the growing global health-care outsourcing market, a trend that has increased the need for efficient cross-border payments. New York-based fintech Payoneer reported that over 200,000 remote professionals in the...
The Philippines Partners with South Korea for Nuclear Energy

The Philippines Partners with South Korea for Nuclear Energy

The Manila Electric Company (Meralco) will begin sending scholars to South Korea in March 2026 as part of its Nuclear Energy Strategic Transition program. The initiative is led by the Meralco Power Academy (MPA), which recently signed a memorandum of understanding...