INSUNG YOON-UNSPLASHTHE Philippine Ports Authority (PPA) has kicked off the process of repurposing three ports to service the nascent offshore wind (OSW) industry, according to the Department of Energy (DoE).“The PPA has formally expressed its full support to the DoE

GLOBAL.HONDAHONDA Philippines, Inc. said imports are currently a better option than local production in the two-wheel electric vehicle (EV) market, based on the rules now in place.“The Philippine regulations call for zero duty, which is good for imports. So it

FPIP.COMFIRST PHILIPPINE Industrial Park (FPIP) is building a three-story mixed-use hub in Santo Tomas, Batangas, which is expected to boost employment at the economic zone from the current staffing level of over 70,000.FPIP Plaza will offer 15,000 square meters of

PHILIPPINE STAR/ MICHAEL VARCASTHE PHILIPPINES obtained a record $3.13 billion (P174.23 billion) from multilateral lenders to fund projects aimed at mitigating the effects of climate change, the European Investment Bank (EIB) said.The 2023 total was 7.67% higher than the $2.91

(Second of two parts)IN BRIEF:• The SEC’s new sustainability reporting form aligns Philippine companies with global standards, enhancing climate risk transparency.• The full adoption of IFRS S1 and S2 by 2027 will improve the Philippines’ attractiveness to investors seeking reliable