Japanese firm Tokai Corporation is beefing up its shareholdings in Filipino-listed firm Repower Energy Development Corporation (REDC), which is into development of various renewable energy (RE) projects in the country. Tokai first subscribed into 65 million common shares of REDC, and that warranted...
The Department of Finance (DOF) has committed to partnering with US investors to explore potential investments in critical minerals, semiconductors, and energy security in the Philippines. This commitment has been made following the meeting between Finance Secretary Ralph G. Recto and United States...
Billionaire Manuel B. Villar listed property developer Vista Land & Lifescapes Inc. has successfully raised P6 billion through the issuance of triple-A rated peso-denominated fixed-rate bonds. In a disclosure to the Philippine Stock Exchange (PSE), the firm said the bonds consist of Series F...
Norway is open to expanding trade and investment ties with the Philippines particularly in the areas of aquaculture and retail industries while also continuing to develop its partnerships in the renewable energy (RE) and maritime sectors. Norwegian Ambassador to the Philippines Christian Halaas...
Credit Rating and Investors Services Philippines Inc. (CRISP Ratings) has reaffirmed its “AAA” issuer rating with a stable outlook on real estate tycoon Manuel B. Villar's Vista Land and Lifescapes Inc. (VLL). The highest rating was given based on the firm’s market leadership in property...
Investors from Norway and the United Kingdom who are placing their investment bets in the offshore wind industry of the Philippines have been reinforcing collaboration initiatives with the Philippine government on sorting out major bottlenecks that could stifle planned capital flow in the nascent...
The Bases Conversion and Development Authority (BCDA) has proposed projects and programs in the north for collaboration with Japanese investors through public-private partnerships. In a statement, Joshua M. Bingcang BCDA president and chief executive officer, said the agency is seeking potential...
The Philippines' envoy to Japan has encouraged Japanese investors to "explore various economic opportunities" in the Philippines, through public-private partnerships and the Maharlika Investment Fund, the Department of Foreign Affairs (DFA) said Monday, Sep. 4. Philippine Ambassador Mylene Albano...
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...
Norwegian firms eye wind, solar power investments in PH By Myrna M. Velasco Norwegian companies are keenly setting their sights on offshore wind as well as floating solar farm developments in the Philippines, according to Norwegian Ambassador Christian Halaas Lyster. Apart from these flourishing...
Aside from looking for potential supplier for the planned nuclear power plant in the Philippines, Trade and Industry Secretary Alfredo E. Pascual said the government is also eyeing potential manufacturing of nuclear power reactors in the country. It could be recalled that President Ferdinand R....
House Speaker Martin Romualdez and the flag of the United States (Speaker’s office, Unsplash) House Speaker Martin Romualdez was his usual upbeat and positive self during the briefing between members of the Philippine economic team and foreign investors in the United States (US) capital of...
