
Photonics Giant Coherent Eyes Expansion in Philippine Manufacturing
The Philippine Economic Zone Authority (PEZA) announced that photonics giant Coherent is considering expanding its manufacturing operations in the Philippines. The company has already invested approximately P1.7 billion, and this expansion could strengthen the Philippines' role in the global supply chain.
This article requires PRO
This article is outside the free access window or is a special report. PRO unlocks it and the full archive.
Related articles
- InLife Earns 6th 4-Golden Arrow Award for Corporate Governance
The Philippines' largest life insurer, InLife, has received its sixth 4-Golden Arrow Award, recognizing its excellence in corporate governance. This is the highest distinction awarded to Philippine insurance firms based on the ASEAN Corporate Governance Scorecard.
- Pax Silica: What's the Philippines' Trump Card in Securing Supply Chains?
The Philippines' role in the US-led Pax Silica initiative hinges on moving beyond mere 'hosting' to 'capability upgrading.' While the nation has a track record in semiconductor testing and assembly, securing advanced engineering work and fostering local suppliers are key future challenges.
- PLDT Appoints PwC Philippines as External Auditor, Replacing SGV After 24 Years
Philippine telecom giant PLDT Inc. has appointed PwC Philippines (Isla Lipana & Co.) as its new external auditor, replacing SGV & Co. after a 24-year tenure. SGV resigned after determining it was no longer independent under US SEC and PCAOB standards.
- China, Malaysia Investors Eye Coconut Shell Processing Plant in Davao del Norte
Chinese and Malaysian investors are exploring the establishment of a large-scale coconut shell processing plant in Davao del Norte, Philippines. The venture aims to process 20,000 metric tons of coconut shells annually into high-value products, potentially boosting income for local farmers.