PH-SOUTH KOREA COLLABORATION EXPANDED THROUGH SEVEN BUSINESS DEALS

In celebration of 77 years of bilateral ties, the Philippines and South Korea signed seven business deals covering shipbuilding, nuclear energy, aerospace, critical minerals, retail, and health during the Philippines-Korea Business Forum in Pasay City.

Key agreements included partnerships between Meralco and Korea Hydro & Nuclear Power for nuclear projects, and HD Hyundai Heavy Industries with TESDA on shipbuilding technology.

President Marcos highlighted the deals as a continuation of the countries’ strong partnership, promising projects, investments, and job creation.

The signing coincided with South Korean President Lee Jae Myung’s state visit, during which 10 government-to-government agreements were also inked across digital, defense, agriculture, trade, and cultural sectors.

In education, the Philippines renewed its SPFL-Korean program to expand language and cultural training in 69 public high schools, benefiting nearly 5,000 students and 168 teachers.

Source: PhilNews24 | March 5, 2026