THE MINDANAO Development Authority (MinDA) and Quezon City signed a memorandum of understanding (MOU) to establish a north–south development linkage to strengthen economic, cultural, and institutional exchangesMinDA chairperson, Secretary Leo Tereso A. Magno, Quezon City Mayor Ma. Josefina G. Belmonte and Jay Gatmaitan, head of the Local Economic Development and Investment Promotions Office signed the MOU.Magno said that Quezon City is a center of commerce, innovation, and enterprise and Mindanao is rich in agriculture, industry, energy, and human capital, so both complement each other.“When we connect markets, talent, and ideas, we accelerate inclusive growth for both our constituencies,” Magno said in his message during the ceremony on Feb. 16 at Quezon City Hall.Magno added that the MOU strengthens inter-LGU cooperation where Quezon City and Mindanao connect markets, talent, and ideas.The MOU highlights a three-year framework for collaboration in economic exchanges, trade and investment facilitation, tourism and cultural promotion, technology innovation, sustainable development, and capacity building initiatives.MinDA’s role is to facilitate investment promotion, provide technical assistance, share sectoral data, and mobilize Mindanao-based participation in Quezon City-led programs and exchanges.The ceremony highlighted priority collaboration areas, business-matching and investment-facilitation programs, joint tourism and cultural promotions, capacity-building seminars, and technology and sustainable development initiatives.MinDA said these initiatives are eyed to be implemented through separate project agreements under the MOU.“Through this strategic partnership, Quezon City enterprises, Mindanao producers, investors, local institutions, and communities stand to benefit from stronger economic bridges, expanded opportunities,” MinDA stated.
memorandum of understanding
MinDA, Fulbright Partnership inks MOU for international scholarship program
THE MINDANAO Development Authority (MinDA) signed a memorandum of understanding (MOU) with the Philippine-American Educational Foundation (PAEF) to strengthen the international scholarship program.
MinDA and PAEF, or Fulbright Philippines, signed the partnership on Sept. 25, at Grand Regal Hotel, Davao City.
In his message, Secretary Leo Tereso A. Magno, MinDA chairperson, said the signing empowers Mindanaoans as it opens opportunities for scholars and professionals.
“Through this Memorandum of Understanding, MinDA and the Fulbright Commission reaffirm a shared conviction: that education is the most powerful engine of peace, progress, and prosperity,” Magno stated.
The partnership is aligned with the region’s priorities and opening opportunities for emerging leaders to bring back knowledge that will drive progress in Mindanao.
PAEF, or known as Fulbright Philippines, manages the country’s longest-running international scholarship program.
PAEF recognized that the continued partnership with MinDA will expand access to graduate education and advanced research in priority fields like energy and agriculture, with the collaboration with the U.S. Embassy and academic institutions.
Fulbright Philippines has provided opportunities to more than 4,000 scholars nationwide since 1948.
“With this collaboration, we are ensuring that Mindanao’s brightest minds are represented in this growing community of leaders,” PAEF chairperson Jessica L. Simon said.
MinDA Executive Director and Undersecretary Janet Lopoz highlighted the program’s long-term impact is attributed to developing leaders who can transform knowledge into concrete actions for the growth of the region.
“We are investing in Mindanao’s future and building a bright understanding. Part of MinDA’s initiative is to develop the next generation of leaders who will drive innovation and progress,” Lopoz stressed.
The program is in line with the Philippine Development Plan 2023–2028, calling for stronger regional participation in global learning networks while supporting agricultural modernization and energy development as key drivers of Mindanao’s growth.
AstraZeneca, PEZA forge landmark partnership to launch first-ever Health Innovation Hub in the Philippines
MANILA, Philippines — Global science-led biopharmaceutical company AstraZeneca Philippines has signed a memorandum of understanding (MOU) with the Philippine Economic Zone Authority (PEZA) to launch the country’s first multi-stakeholder Health Innovation Hub, aiming to accelerate the adoption and access to new and emerging healthcare solutions nationwide.
The signing took place on August 19 at the PEZA Main Office in Pasay City, attended by PEZA Director General Tereso Panga, Secretary Frederick Go from the Office of the Special Assistant to the President for Investment and Economic Affairs (OSAPIEA), Secretary Cristina Aldeguer-Roque from the Department of Trade and Industry (DTI), area vice president AstraZeneca Asia Sylvia Varela, and AstraZeneca Philippines country president Lotis Ramin.
The event was also attended by Amb. Anna Ferry, Ambassador of Sweden to the Philippines, and Deputy Amb. Mike Welch, British Embassy Manila, highlighting the international significance and collaborative spirit of this pioneering healthcare initiative.
Healthcare innovation
“With this signing, we officially launch the Philippines’ first multi-stakeholder Healthcare Innovation Hub, in partnership with PEZA,” Lotis Ramin, country president AstraZeneca Philippines, said. “This bold step positions the Philippines as a future leader and emerging center of healthcare innovation in the region.”
Under the agreement, AstraZeneca Philippines will be a member of PEZA’s Healthcare Innovation and Investment Promotion Program (HIIPP) and help promote the Philippines as a priority investment destination, particularly in healthcare innovation.
AstraZeneca envisions the Healthcare Innovation Hub as a dynamic, collaborative environment dedicated to advancing medical research. This includes areas such as AI-driven diagnostics, early non-communicable disease (NCD) screening, and digital health technologies. The hub will serve as the central point for AstraZeneca Philippines’ A. Catalyst Network, linking with more than 25 innovation hubs to accelerate the adoption of best practices.
As one of the leading healthcare innovators in the Philippines, AstraZeneca Philippines has driven research and conducted thousands of NCD screenings. AstraZeneca aims to lead the delivery of over 7 billion pesos worth of investments projected from 2026 to 2028 in a multi-stakeholder health ecosystem, signaling its commitment to driving long-term growth and scientific advancement in the Philippines.
“Beyond treatment, our dedication includes investing in early screening. We have screened close to 4 million Filipino patients since 2021, and our commitment continues,” Lotis Ramin, country president AstraZeneca Philippines, said. “Together, across government, industry, advocacy, and international allies, we are building a system that is proactive, resilient, and driven by science. We are pioneering a new approach: detecting diseases earlier, harnessing AI-powered diagnostics, and investing in patient education, so that we can save more lives and provide better care for Filipinos.”
Strategic support
For its part, PEZA will provide guidance and assistance to AstraZeneca regarding regulatory requirements and investment opportunities to ensure the hub’s operational success and sustainability.
“AstraZeneca will bring to our shores its proven global model,” said PEZA Director General Tereso O. Panga. “These initiatives will not only attract millions of pesos in investments, but will also generate knowledge-sharing opportunities and, most importantly, save countless Filipino lives.
The Department of Trade and Industry, meanwhile, saw the signing as the result of its campaign in fostering an environment where businesses can thrive and innovate to provide better services for.
“This partnership embodies our core belief: the government creates the enabling environment and the private sector provides the innovation and resources,” said Cristina Aldeguer-Roque, Secretary of the DTI. “Together we deliver meaningful impact for Filipino patients, building a healthcare system that is preventive, integrated, and ready for the future.
Future forward healthcare
Area vice president AstraZeneca Asia Sylvia Varela stresses the value of strategic partnerships in advancing early screening and healthcare innovation across Asia, at the Memorandum of Understanding signing of the country’s first multi-stakeholder Health Innovation Hub.
This milestone partnership is expected to drive inclusive growth while helping to build a more future-ready healthcare system for the Philippines.
This strategic alignment between government initiatives and private sector investment was highlighted by Sylvia Varela, area vice president, AstraZeneca Asia, underscoring the company’s commitment to fostering medical research and driving future healthcare innovation.
“We have proven that strategic partnerships bring better health outcomes,” said Sylvia Varela. “Through our partnerships with entrepreneurs, start-ups, academic institutions, governments, healthcare providers, and industry leaders, we have administered early screening and diagnostic programs to thousands of patients across Asia, provided comprehensive training to healthcare professionals, and consistently advanced early detection rates of NCDs in our key markets.”
“With the launch of the Health Innovation Hub, we can focus on co-creating solutions for urgent health issues, and serve as an incubator for local healthcare innovation by connecting the Philippines through AstraZeneca’s global A. Catalyst Network, linking more than 25 countries to share expertise and technology. Together, we can unite innovation and expertise to create seamless healthcare solutions.” Varela added.
By integrating global medical knowledge and pioneering technologies, this collaborative effort aims to set a new benchmark for healthcare innovation and accessibility across the Philippines.
CELEBRATING biodiversity, nature conservation, and strong partnership, the Philippine Eagle Foundation (PEF) and Ayala Land, Inc. (ALI) signed a five-year memorandum of understanding on Aug 5 to strengthen its ongoing Ayala Land Davao Carbon Forest (ADCF) campaign.
Since 2018, the ADCF has continued to stand as a pioneering model of urban reforestation and corporate-led conservation, as well as marking a milestone for sustainability and strategic collaborations over the years.
The MOU signing was attended by Jayson Ibanez, PEF director of operations; Anna Maria Gonzales, ALI head of sustainability; Jennylle Tupaz, ALI – VisMin senior project development head, and representatives from both parties.

The Department of Environment and Natural Resources XI (DENR), stakeholders, and other partners also participated during the milestone event.
ADCF, a 50-hectare project situated in Bago Gallera, Davao City, was designed as a hub for experiential learning, biodiversity research, and climate action.

Over the next five years, it will serve as a permanent carbon sink, species sanctuary, and a model site for nature-based urban forest management.
The forest currently has over 30,000 native and endemic trees planted, comprising around 80 tree species, and is inhabited by a variety of wildlife animals, including reptiles, mammals, birds, and others, with some that are endangered.