Senate President Francis “Chiz” Escudero expressed confidence that more foreign investors will look at the Philippines as an ideal investment destination with the enactment of a law that extends their land lease contract to 99 years. The measure, principally authored by Escudero during the...
Malacañang said the recent arrest and surrender of former president Rodrigo Duterte to the International Criminal Court (ICC) did not change the view of foreign investors of the Philippines. Palace Press Officer and Communications Undersecretary Claire Castro (RTVM) In a press briefing, Palace...
The plenary hall of the House of Representatives (Dexter Barro II/MANILA BULLETIN) The House of Representatives has overwhelmingly passed on third and final reading the proposed statute that would foreign investors a lease on private...
(Unsplash) Camarines Sur 2nd district Rep. LRay Villafuerte is pushing for the reinvigoration of the country’s garment and textile industry to entice foreign investors who are now leaving China to relocate their businesses. “The government must take...
Pangilinan-led SP New Energy Corp (SPNEC) is targeting to conclude sell-down of up to 40% of its shareholdings to foreign firms that will be willing to infuse capital into its 3,500-megawatt Terra Solar power project to be integrated with 4,500-megawatt hours (MWh) of energy storage system....
A coalition of business groups urged the government to come up with a hotline platform intended to assist foreign investors in engaging in the Philippines. Special Assistant to the President for Investments and Economic Affairs Secretary Frederick Go and Trade Secretary Alfredo Pascual preside over...
West Philippine Sea (Wikipedia) House Minority Leader 4Ps Party-list Rep. Marcelino "Nonoy" Libanan is worried that international news reports of worsening tensions in the West Philippine Sea (WPS) might shoo away potential foreign investors...
Some senators thumbed up President Ferdinand “Bongbong” Marcos Jr. efforts to bring investor confidence in the Philippines during his first year in Malacañang. President Ferdinand ‘Bongbong’ Marcos Jr. (RTVM screenshot) Senate President Pro...
Trade and Industry Secretary Ramon M. Lopez yesterday said the 90 serious investment leads that are expected to come on stream in a year in the country are no longer concerned with restrictive economic provisions. Lopez said this at the House of Representatives 9th Regular Meeting on Constitutional...
Finance Secretary Carlos G. Dominguez III has expressed dismay over the Board of Investment’s (BOI) failure to attract foreign companies that were moving their productions out of China. MB file Speaking at the virtual 46th Philippine Business Conference and Expo, Dominguez said that the...
