Senator Ralph Recto yesterday sought for an accounting of the funds being allocated to government financial institutions for lending to the micro, small and medium enterprises (MSMEs). Senator Ralph Recto (Senate of the Philippines / MANILA BULLETIN) This transpired at the Senate hearing for the...
Diversifying conglomerate San Miguel Corporation (SMC) will install a 200-megawatt solar farm to underpin the energy requirements of its P740-billion Bulacan airport project. The company said it wants that mammoth infrastructure venture to become the showcase of ‘clean energy’ investment...
San Miguel Corporation (SMC) is continuing its efforts to deliver food donations to thousands of families in some 22 provinces and cities ravaged by three sucessive super typhoons, with total donations reaching P15 million to date and rising. “We continue to get appeals for help from so many...
Businessmen are hopeful that the newly signed RCEP will stimulate trade, investment and digital transformation among member countries. Amb. Benedicto V. Yujuico, president of the Philippine Chamber of Commerce and Industry (PCCI), cited the timely completion of the world’s biggest free...
The country’s biggest power generation companies are eyeing to join the competitive selection process (CSP) of Manila Electric Company (Meralco) so they can corner contracts on the utility firm’s future power...
San Miguel Corporation (SMC) has unveiled over the weekend major rail and road networks to be incorporated in its P740-billion Bulacan airport project. “These projects make up the massive infrastructure network that make the airport accessible from Metro Manila and various points of...
After 8 years of negotiations, trade ministers from 15 countries are set to sign tomorrow, Nov. 15, the China-backed Regional Comprehensive Economic Partnership (RCEP), creating the world’s biggest free trade area (FTA) agreement. “The RCEP has finally been concluded and finalized by all trade...
From left is PSC Commissioner Arnold Agustin, PHISGOC Chief Operating Officer Ramon "Tats" Suzara, PhisGoc Chairperson Allan Peter Cayetano and POC President Abraham "Bambol" Tolentino during the official turnover ceremony of the SEAG Final Report book on Wednesday. The Philippine Southeast Asian...
Taiheiyo Cement Corporation of Japan is investing P15 billion in the Philippines for the construction of new state of the art production line in Cebu that will increase it capacity by 50 percent in the immediate term. Trade and Industry Ramon M. Lopez said the Japanese principal has given...
Trade and Industry Secretary Ramon Lopez said the GDP growth rate of -11.5% in the third quarter of this year still conforms with the country’s economic recovery trajectory, coming from the previous quarter’s -16.9 percent during the peak of the COVID-19 health crisis. “While the...
State-owned trading arm Philippine International Trading Corp. (PTC) has been tapped to procure the COVID-19 vaccines as early as before the end of this year as the government pursues negotiations with foreign manufacturers. Trade and Industry Secretary Ramon M. Lopez Trade and Industry Secretary...
Taxation is not causing oil refiners to go out of business, the Duterte administration’s chief economic managers maintained. Finance Secretary Carlos G. Dominguez III...
