Andrea E. San Juan

The Department of Trade and Industry (DTI) said demand for other coconut-based products may rise after the United States Food and Drug Administration (FDA) removed coconut in the list of tree nuts classified as major food allergens.

Kia Philippines expressed optimism that its existing models and its electric vehicle lineup will allow the company to post strong growth this year.

THE Philippines is exploring new opportunities that would enhance trade and investment ties with Malaysia, which includes sectors such as semiconductor and logistics, among others, according to the Department of Trade and Industry (DTI).

THE Board of Investments (BOI) said it has certified 179 strategic projects worth P4.552 trillion, adding three new renewable energy projects under green lane services in the span of one month.

THE Asian Development Bank (ADB) has signed a financing package of up to $100 million with Ayala Corp. to support the development of an electric mobility ecosystem in the Philippines.

THE Korean Government said a consortium of 23 public institutions and private companies has been established amid plans to build urban infrastructure and develop smart cities in the Philippines, according to the Bases Conversion and Development Authority (BCDA).

INVESTMENTS greenlighted by the Philippine Economic Zone Authority (Peza) in the first month of 2025 surged to P30.156 billion, up 1,263 percent from the P2.21-billion investments approved in January 2024.

THE Philippines should unlock its $788.4 million worth of untapped export potential for solar panel shipments to the United States, China, the Netherlands, Vietnam and Germany, among others, according to a paper published by the International Trade Centre, a joint agency of the World Trade Organization (WTO) and the United Nations.

Three more long-term residential lessees signed a deal with state-run Bases Conversion and Development Authority (BCDA) after the agency regained control of the Camp John Hay property in Baguio.

THE Philippines should expect higher air freight rates due to expected tight capacity in February on the back of backlogs from January and the rising demand from the United States and European Union, according to Dimerco, a global logistics services provider.