Philippines Allocates USD 4.63 Billion for Flood Control in 2025 Budget
The Philippine government has proposed a budget of USD 4.627 billion (PHP 257.06 billion) for flood control in 2025, marking a significant investment in mitigating the country’s flood risks. This allocation is part of the Department of Budget and Management’s...
PEZA and FDA Sign Agreements to Boost Philippine Pharma-Medical Sector
The Philippine Economic Zone Authority (PEZA) and the Food and Drug Administration (FDA) recently signed two significant agreements aimed at enhancing the pharmaceutical and medical sectors in the country. These agreements include a registration agreement for Victoria...
Taiheiyo Cement Inaugurates USD 234 Million Plant in Cebu, Boosting Philippine Cement Production
The Department of Trade and Industry (DTI) announced the inauguration of Taiheiyo Cement Philippines Inc.’s (TCPI) new USD 234 million (PHP 12.8 billion) production plant in San Fernando, Cebu. The new facility, unveiled by the Philippine unit of Japan-based Taiheiyo...