SATECO AG, one of the world's leading manufacturers of high-precision silicone keypads and silicone sensors, is already planning of expanding in the Philippines even if its state-of-the-art manufacturing operations in Pampanga is yet to come on stream later this year, citing rosy investment...
Metro Pacific Investments Corporation’s possible voluntary delisting from the Philippine Stock Exchange is among the options being discussed by the firm’s board of directors due to the low market price of its shares. In a disclosure to the bourse, MPIC said it “discusses several options...
The SM Group of companies bagged six trophies during the ASEAN Corporate Governance Scorecard (ACGS) Awards which was hosted by the Institute of Corporate Directors Philippines. In statement, the group said SM Investments Corporation, SM Prime Holdings Inc., BDO Unibank Inc., China Banking...
The Fiscal Incentives Review Board (FIRB) has extended until Jan. 31, 2023 the deadline for the transfer of registration of Information Technology and Business Process Management (IT-BPM) firms from the Philippine Economic Zone Authority (PEZA) to the Board of Investments (BOI). FIRB announced...
China to join nuclear, RE euphoria in PH By MYRNA M. VELASCO China is the latest country to join the renewed investment euphoria for nuclear power technology in the Philippine energy sector, as prompted by the recent state visit of President Ferdinand Marcos Jr. in that Asian super power nation....
American investments in the Philippine economic zones now stand at P402.827 billion from a total of 363 companies, mostly engaged IT and business process management and in various manufacturing sectors, making the US the Philippines third largest investor by national registered with the Philippine...
President Ferdinand "Bongbong" Marcos Jr. said that the investment pledges the government secured during his roundtable discussions with Chinese businessmen would create many jobs for Filipinos. President Ferdinand 'Bongbong' Marcos Jr. (Malacañang photo) Marcos said this as he wrapped up his...
DAVAO CITY – The Davao region will see more investments in 2023 following efforts to expedite recovery from the impact of the pandemic that has crippled the local economy in the past two years, the National Economic Development Authority (NEDA)-Davao said. In her report on the Davao region’s...
The Philippines and China's tourism deal will provide “massive" employment opportunities and investments across all sectors of tourism in the country.Tourism Secretary Christina Garcia Frasco said after signing the Implementation Program on Tourism Cooperation. (Photo courtesy of the Department...
The Philippines has gained a massive $22-billion investment pledges from the state visit of President Ferdinand "Bongbong" Marcos Jr. in China. President Ferdinand 'Bongbong' Marcos Jr. and First Lady Liza Araneta-Marcos (Photo courtesy of Malacañang) "The pledges amount to 22 billion dollars of...
The visit of President Ferdinand Marcos Jr. to China is expected to generate potential investments in the agriculture, energy and mining sectors. George T. Barcelon, president of the Philippine Chamber of Commerce and Industry (PCCI) who joined the business delegation of the President, said that...
The progress in the Maharlika Investment Fund (MIF) Bill is an important development that President Ferdinand "Bongbong" Marcos Jr. can share to the attendees of the upcoming World Economic Forum (WEF) in Davos, Switzerland. Ilocos Norte 1st district Rep. Sandro Marcos (left) and President...