If you dismiss the impeachment saga of Vice President Sara Duterte as just another rerun in the Philippine political circus, think again - because while we may be desensitized to that kind of drama, foreign investors are watching with sharp eyes, questioning the country’s political stability and...
The Board of Investments (BOI) has set Friday, Feb. 14, as the deadline for businesses and other stakeholders to submit their inputs for the 2025-2028 Strategic Investment Priority Plan (SIPP). The SIPP, a three-year framework that lists economic activities that can qualify for fiscal incentives,...
Sy-led conglomerate SM Investments Corporation’s successful issuance of $500 million five-year bonds in 2024 has been awarded the “Philippine Capital Market Deal of the Year” by International Financing Review Asia (IFR Asia). IFR Asia cited SM Investments’ return to the US dollar bond...
Metro Pacific Investments Corporation’s (MPIC) digital healthcare arm mWell is pioneering the use of drones for the delivery of medicine in Southeast Asia in order to reach hard-to-access areas in the Philippines. In a statement, the firm said the service is designed to complement the...
Mr. Erwin G. Pato, SM Investments Executive Vice President for Treasury, Finance and Planning, receives the Anvil Award from Mr. Norman Agatep, Vice President for External, Public Relations Society of the Philippines for SM’s landmark Euro Medium-Term Notes Program. The SM Group, led by...
The Board of Investments (BOI) has granted a green lane certificate to Sapang Balen Solar Sustainable Energy Corp. (SBSSEC), a subsidiary of TIGON Power Corp. The BOI said in a statement that the solar power project, located in Mabalacat City and Magalang Municipality, is expected to accelerate the...
While the Philippines cannot take China out from the equation, it can adopt a derisking strategy to prevent them from gaining full control of the country's critical sectors, a political analyst said. Asian Center of the University of the Philippines Professor Richard Heydarian said derisking would...
The onset of economic reforms and foreign investment in the 1980s spurred commercial and residential property development in the country, marked by increased competition and diversification of the property sector. Single-use property developments have evolved to mix-use properties since the 1990s...
House Speaker Martin Romualdez (Facebook) House Speaker Martin Romualdez is more bullish than ever with the Philippines' foreign investments prospects following the "overwhelmingly positive" reception of the Philippine delegation at the World...
Watsons Philippines, a leading health and beauty retail brand under the SM Group, reported that ended 2024 with 1,166 stores after it opened 80 new stores last year as part of its strategic expansion. In a statement, the company said more than 50 of the new stores opened last year were...
The Board of Investments (BOI) has set its sights on fostering international collaboration to bolster the country’s education sector and promote academic excellence. This comes after the agency made key amendments to the 2022 Strategic Investment Priority Plan (SIPP) through its Memorandum...
Meritocracy is no longer a buzzword in the corporate world. It's becoming a key indicator of effective governance, as companies increasingly prioritize expertise and independent judgment in their boardrooms to navigate a rapidly evolving business landscape. While many companies boast about their...
