Business Today

The Upper Wawa Dam is on track to begin operations by 2025, delivering over 700 million liters per day of water supply to Metro Manila residents.

Foreign electric vehicle manufacturer see the Philippines as a prime location for their factories, boosting the country’s transport modernization and clean energy goals.

Chinese businessmen explore investment opportunities in Cagayan’s economic and industrial zones, expressing interest after a two-day tour of the province.

Cooperative Development Authority urges big cooperatives in Antique to support smaller counterparts, fostering growth and success in the province.

The Development Budget Coordination Committee maintained at least a 7% GDP growth outlook for 2023 and adjusted the 2024 forecast, with inflation settling at 6% before recovery.

The Public-Private Partnership Center unveils over a hundred projects worth PHP2.4 trillion in the pipeline, bolstering the Marcos administration’s infrastructure program.

Stable prices for ‘Pinoy Tasty’ and ‘Pinoy Pandesal’ during the Christmas industry ensure affordability for the festive season despite certain operational expenses.

The British Chamber of Commerce of the Philippines outlines the 2024 wishlist for the Marcos administration, emphasizing tariff extension, foreign investment openness, digitalization, agriculture, trade liberation, and sustainability to attract UK investments.

The Department of Energy assures adequate power supply for 2024 despite El Niño anticipates challenges, advocates solar power, and urges energy efficiency.

The National Economic and Development Authority remains optimistic about reaching economic growth targets despite challenges the services sector and IT-BPM industry are expected to drive growth.