Tamiya’s existing factory in the Philippines, specifically in Mactan, Cebu is housed inside a 40,000 sq. meter facility with over 1,200 workers engaged in model assembly.
During a trade mission to Washington DC, Department of Trade and Industry (DTI) secretary Ramon Lopez secured the commitment of US firms Black and Veatch and SBA Communications to build hyperscale data centers and common towers in the Philippines.
The Department of Trade and Industry (DTI) has reminded online shopping platforms to ensure all products offered for sale in their sites should bear the Philippine Standard (PS) mark or the Import Commodity Clearance (ICC) sticker.
SpaceX is currently establishing a local Filipino entity that will be their wholly-owned subsidiary and is targeting to deploy three gateways in the first phase of their launch.
Pres. Rodrigo Duterte signed into law on Monday, March 21, Republic Act 11659 or the amendments to the Public Service Act (PSA), which allows full foreign ownership in key sectors including telecommunications, railways, airports, and shipping.
The DTI Global AQELERATION Program (GAP) is an acceleration and soft-landing program that will help mature Filipino startups enter Southeast Asian markets and support various needs such as business development, fundraising, and other strategic opportunities.
Through IDEA and ADVanCE, the government intends to mitigate the challenges being faced by startups by providing customized interventions and support such as coaching, mentoring, training, and workshops.
The Board of Investments (BOI) recently approved the application of a spin-off company of UP Manila for the commercialization of Community Health Information Tracking System (CHITS) technology.