MANILA, Philippines–After getting huge investments from large foreign firms last year despite the recession, the Department of Trade and Industry is confident that the country will get more infusions this year as the global economy has already started to recover.
The country last year welcomed the entry of Japanese firm Sumitomo Metal Mining Co., Thai company Charoen Pokphand Foods, and Kuwait’s Al Kharafi Group through subsidiary Al-Mal Investment Co.
These committed investments totaled around P119 billion.
“Investor confidence in the Philippines continues to be strong with the recent entry of critical investments poured from several global conglomerates. The decision of these companies to invest is a clear indication that the Philippines remains to be one of Asia’s investment destinations of choice,” Trade Secretary Peter Favila said in a statement.
The biggest among last year’s committed foreign investments was that of Taganito HPAL Nickel Corp., a joint venture between Nickel Asia Corp. and Sumitomo for a P62.7-billion nickel-cobalt mixed sulfides production project.
Thailand’s CP Foods, on the other hand, will set up a P2.4-billion aqua feed mill plant in Capas, Tarlac. The Al Kharafi Group’s Al-Mal had likewise committed to invest $1.2 billion for the development and expansion of the Diosdado Macapagal International Airport in Clark Field, Pampanga. –Abigail L. Ho, Philippine Daily Inquirer
July 2025
Nutrition Month
“Give us much more than P50 increase
for proper nutrition!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.
Accept National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands #Distancing #TakePicturesVideosturesVideos
July
3 July – International Day of Cooperatives
3 July – International Plastic Bag Free Day
5 July – World Youth Skills Day
7 July – Global Forgiveness Day
11 July – World Population Day
17 July – World Day for International Justice
28 July – World Nature Conservation Day
30 July – World Day against Trafficking in Persons
Monthly Observances:
Schools Safety Month
Nutrition Month
National Disaster Consciousness Month
Weekly Observances:
Week 2: Cultural Communities Week
Micro, Small, and Medium Enterprise
Development Week
Week 3: National Science and
Technology Week
National Disability Prevention and
Rehabilitation Week
July 1-7:
National Culture Consciousness Week
July 13-19:
Philippines Business Week
Week ending last Saturday of July:
Arbor Week
Daily Observances:
First Saturday of July:
International Cooperative Day
in the Philippines
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