iPeople, inc., the education partnership between the Yuchengco and Ayala groups, is seeking to merge subsidiaries National Teachers College (NTC) and Affordable Private Education Center Schools (APEC). In a disclosure to the Philippine Stock Exchange, iPeople said the shareholders and boards of...
President Ferdinand R. Marcos Jr. will be signing an Executive Order (EO) providing for guidelines to expedite the processing and issuance of permits and licenses for the implementation of strategic investments in the Philippines and creation of a green lane that will translate to more quality jobs...
The World Bank said the thriving big-ticket offshore wind (OSW) projects in the Philippines should attract major investments in manufacturing, especially for products and equipment that will support deployment of technology installations in the renewable energy (RE) space. Mark Leybourne, Offshore...
SM Investments Corporation has been recognized among Forbes’ sixth annual "World’s Best Employers" published in October in partnership with market research company Statista. Forbes and Statista selected the World’s Best Employers 2022 based on independent surveys of roughly 150,000 employees...
The Department of Energy (DOE) expects up to P9.0 trillion worth of investments if all prospective projects in the offshore wind (OSW) development sector will reach commercial operations phase. According to Energy Secretary Raphael P.M. Lotilla, there are already 42 service contracts (SCs) awarded...
The country’s rosy economic environment failed to lure more foreign investments in the third-quarter, data from the Philippine Statistics Authority (PSA) showed. The PSA reported Tuesday, Nov. 15, that the total approved foreign investments in July to September 2022 went down by 22 percent to...
Trade and Industry Secretary Alfredo E. Pascual has convened the Inter-Agency Investment Promotion Coordination Committee (IIPCC), composed of various government investment promotion agencies (IPAs), to provide direction on investment promotion drives and ensure efforts will lead to improvement in...
Investor sentiment in the local stock market is more upbeat and analysts expect share prices to continue climbing this week following positive economic data released last week and as more companies announced third quarter results. “So far, we’re seeing the bullish case for the local market...
House Speaker Martin Romualdez joined President Ferdinand “Bongbong” Marcos, Jr. and other Philippine officials and businessmen during a roundtable meeting with Cambodia business leaders on Thursday, Nov. 10 President Ferdinand Marcos, Jr., Speaker Martin Romualdez, and other members of the...
PHNOM PENH, Cambodia—Just like his usual pitch during meetings with foreign businessmen, President Ferdinand Marcos Jr. on Thursday encouraged local business leaders here to come to the Philippines to invest as he gave assurance that the government would help them by exploiting the domestic...
Metro Pacific Investments Corporation (MPIC) reported that its attributable net income inched up four percent to P16.4 billion in the first nine months of 2022 from the P15.74 billion in the same period last year. In a press briefing, MPIC Chief Finance, Risk and Sustainability Officer Chaye A....
SM Investments Corporation, one of the country’s top conglomerates, reported that its consolidated net income leaped 50 percent to P42.9 billion in the first nine months of 2022 from P28.6 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said its...
