Deloitte Highlights Resilient Southeast Asia IPO Market In First Half Of 2026

Deloitte reports that Southeast Asia raised USD 3.07 billion from 47 IPOs, reflecting stronger fundraising despite an 11 percent decline in listings.

Aboitiz Foods Wins At Content Marketing Awards Asia Pacific

Aboitiz Foods earns regional recognition with everymeal, a campaign built on sustainability, storytelling, and responsible food value chain progress.

RMAP Welcomes PRCA’s New Definition Of Public Relations, Calls For Next Global Evolution Centered On Legitimacy And Reputation Capital

RMAP welcomed PRCA’s new definition of public relations as a milestone that moves the profession beyond publicity toward trust, governance, and enterprise leadership.

Pole Line Manufacturer Jocelyn Forge Taps COREnergy For Cost-Efficient Power Supply

Jocelyn Forge taps COREnergy to support cost-efficient power supply across its Bulacan-based manufacturing operations.

Philippine Navy Eyes ‘Technology Transfers’ With Italian Navy On Shipbuilding

Engagement with the Italian Navy reflects the Philippine Navy’s commitment to enhancing its maritime capabilities through technology and innovation.

Philippine Navy Eyes ‘Technology Transfers’ With Italian Navy On Shipbuilding

1,885
1,885

How do you feel about this story?

Express Your Reaction
Like
Love
Haha
Wow
Sad
Angry

The Philippine Navy (PN) will continue to engage with its Italian counterparts who have a “robust shipbuilding” capability as this is in line with the country’s Self Reliant Defense Posture (SRDP) Revitalization Act.

“It is through technology transfers with other like-minded nations that we can build better ships, not only for the Armed Forces but also for the commercial industry,” PN spokesperson Capt. John Percie Alcos said in a briefing late Tuesday.

Also, he said that for the PN to improve its capabilities, it needs to interact with “like-minded nations’ who already perfected these particular capabilities they intend to have.

“It is very well known that Italy has one of the most robust shipbuilding industries in the world, and we will continue to engage other nations in our strive to be a modern naval force capable of securing the state and contributing to regional peace,” Alcos said.

He also said the Navy’s goal is to “manufacture our own warships, and even other capabilities there (to) better defend our country.”

The SDRP Revitalization Act also known as Republic Act 12024 calls for the Philippines to be capable of defending itself “with minimal reliance on foreign support”.

It also seeks to ensure adequate defense assets and hardware for the country through domestic production and manufacturing, and development of a national defense industry. (PNA)

Express Your Reaction
Like
Love
Haha
Wow
Sad
Angry