Editorial The enactment of an updated Public Service Act (PSA) in the first quarter of 2022 has become distinctly possible after the passage of the Senate bill that would be harmonized with the House of Representatives’ bill. This would complement the earlier enactment of the Retail Trade...
The Senate has ratified the bicameral conference committee report on the bill that seeks to promote foreign investments in the Philippines. Senator Imee Marcos, who chairs the Senate Committee on Economic Affairs, who presented the bicam report on the reconciled version of Senate Bill No. 1156 and...
Believing that education investment is a mobilizer of coronavirus disease (COVID-19) recovery efforts and the futures of education, the Department of Education (DepEd) called for the renewal of commitment to prioritize education during an international meeting. Photo taken at Mother of Good Counsel...
The Philippines has encouraged Japanese businessmen to keep the country as a "top-of-mind" investment destination during a recent virtual economic briefing with Japanese companies. (Photo courtesy of the DFA) Philippine Ambassador to Japan Jose C. Laurel V urged the foreign firms in the briefing...
The Philippine economy will likely get back into its previous growth path by the end of next year, First Metro Investment Corp. (FMIC) and the University of Asia and the Pacific (UA&P) said in a joint report. In the November issue of the Market Call, FMIC and UA&P said business optimism...
Using his "global celebrity stature", presidential aspirant Sen. Manny Pacquiao said on Thursday, Nov. 18 that he will lure foreign direct investments (FDIs) to the Philippines and provide jobs for the country's poor. Senator Manny Pacquiao2 Pacquiao mentioned he has at least 10 international...
Finance Secretary Carlos G. Dominguez III said the support extended by multilateral institutions to the clean energy transition projects of developing economies is crucial to encourage the flow of private sector capital into these initiatives. Dominguez said the meticulous planning and vetting done...
The Philippines and the United Kingdom (UK) have agreed to launch an "enhanced partnership" on trade and investment, technology, security and defense, and coronavirus (COVID-19) response, among others. UK Foreign Secretary Liz Truss and Philippine Department of Foreign Affairs Secretary Teodoro...
The Philippine economy may likely outperformed pessimistic forecasts for the third-quarter following the the sterling performance of the manufacturing sector, First Metro Investment Corp. (FMIC) and the University of Asia and the Pacific (UA&P) said in a joint report. In the October issue of...
The retail tranche of the P4.5 billion billion initial public offering AllDay Marts Inc. was 1.62 times oversubscribed, requiring the underwriter PNB Capital and Investment Corporation to refund subscriptions that could not be accommodated. “The overwhelming demand from the Local Small Investors...
AREIT Inc. (AREIT), the pioneer real estate investment trust in the Philippines, is moving towards net zero operational emissions and is on track to be the country’s first carbon neutral REIT. In a statement, AREIT underscored its commitment to Environmental, Social, and Governance (ESG)...
The Asian Infrastructure Investment Bank (AIIB) has vowed to align its operations with the goals of the Paris Agreement as the Beijing-led lender raises its annual climate finance commitments. Currently, the China-led AIIB estimated its cumulative climate finance approvals to reach $50 billion by...
