Tag: Manufacturing
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Apple Accelerates U.S. Expansion with $500 Billion Investment, 20,000 New Jobs Planned
Apple has announced plans to invest more than $500 billion in the United States over the next four years—a move that will create 20,000 new jobs. The tech giant’s unprecedented commitment comes at a time when companies are scrambling to lead in the race for advanced artificial intelligence technologies. The shift to ramp up domestic…
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Japanese Company Boosts Philippine Manufacturing with PHP1.8 Billion Investment
In a significant move to enhance its manufacturing capabilities, Japanese company P.Imes Corp. has committed an additional PHP1.8 billion to expand its operations in the Philippines. The investment will specifically target the expansion of the medical equipment suspension assembly production at the Cavite Economic Zone, as announced by the Philippine Economic Zone Authority (PEZA). On…
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New Incentives Program to Boost Automotive Manufacturing in the Philippines
The Department of Trade and Industry (DTI) in the Philippines is on the verge of launching a new initiative aimed at drawing automotive manufacturers to establish their production facilities within the country. This new program, named Revitalizing the Automotive Industry for Competitiveness Enhancement (RACE), is a revamped version of the earlier Comprehensive Automotive Resurgence Strategy…
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Philippine Economic Zone Authority Welcomes 20 Japanese Factories Seeking Investment Opportunities
The Philippine Economic Zone Authority (PEZA) recently hosted a delegation from Okayama, Japan, as part of an initiative to explore business prospects within the Philippines. This mission, which involved 20 manufacturing companies, was co-organized by the Philippine Trade and Investment Center-Osaka, aiming to enhance economic relations between Manila and Tokyo. During the visit, these firms…
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President Marcos Encourages Tesla to Establish EV Manufacturing in the Philippines
President Ferdinand R. Marcos Jr. has publicly encouraged Tesla to consider the Philippines as a potential hub for manufacturing electric vehicles (EVs). This call was made during the launch of the Tesla Center Philippines in Taguig City, where Marcos emphasized the environmental and economic benefits of Tesla’s presence in the country. He highlighted that Tesla’s…
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TESDA Prioritizes Enterprise-Based Training for 2025
MANILA – The Technical Education and Skills Development Authority (TESDA) is set to prioritize enterprise-based training in its 2025 agenda, according to a statement made by TESDA Deputy Director General Nelly Nita Dillera during a recent episode of Bagong Pilipinas. Dillera emphasized that the ultimate goal of these training programs is to secure employment for…
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