Philippine Government Opens Competitive Auction For Semirara And Other Coal Mining Areas

The Philippine government has opened bidding for major coal mining areas, including the strategic Semirara Island concession. The move introduces a competitive process ahead of the current contract’s 2027 expiration.

Regent Hong Kong Earns Spot Among China’s Top 100 Hotels In 2025 T+L China Travel Awards

The prestigious recognition places Regent Hong Kong among the region’s most distinguished luxury properties.

Nickel Asia Corp. Reports 312% Profit Surge To PHP6.27 Billion On Strong Nickel Ore Prices

Nickel Asia Corp. reported a 312% surge in profits for 2025, driven by stronger nickel prices and higher export volumes. The results highlight the Philippines’ growing role in global nickel supply chains.

ThirdHome Expands Leadership Team With Regional And Product Strategy Hires

ThirdHome expands its leadership team with two strategic hires to drive regional and product growth.
SEND TO: pressreleases@pageonemedia.ph

Economic Czar Urges NGAs To Ease Processes For Pharma Investors

Secretary Frederick Go calls for collaborative efforts from NGAs to strengthen healthcare product manufacturing and address industry challenges.

Economic Czar Urges NGAs To Ease Processes For Pharma Investors

11076
11076

How do you feel about this story?

Like
Love
Haha
Wow
Sad
Angry

Special Assistant to the President for Investment and Economic Affairs Secretary Frederick Go urged concerned national government agencies (NGAs) to address the “pain points” of pharmaceutical industry players and strengthen the country’s manufacturing of healthcare products.

In his speech delivered by Undersecretary Jose Edwinel Guilas, during a joint briefing of the Anti-Red Tape Authority, Department of Health, Philippine Economic Zone Authority and Food and Drug Administration (FDA) in Quezon City on Monday, Go urged the agencies to ease the processes for pharma players.

President Ferdinand R. Marcos Jr.’s economic czar mentioned that the so-called pain points for medical drug and device manufacturers are the bureaucratic nature of existing policies of regulatory agencies; difficulty in exporting and importing medicine; and the difficulty of international pharma companies in investing in the Philippines.

“Can we not consider the certificates of other countries with higher certifying standards as compliance with ours?” Go said, adding that it will also address FDA’s lack of manpower and equipment.

For import and export processes, Go said an administrative order is underway to resolve the challenge.

To ease doing business for investors, the government is eyeing an exclusive ecozone for pharma manufacturing.

“Our office, together with the Philippine Economic Zone Authority, and FDA has called a technical working group to make it easier for pharmaceutical companies to set up their operations in economic zones,” Go added. (PNA)