A tripartite agreement was signed today for the private sector donation to the government of 3-million dosage of COVID-19 vaccine, estimated to cost P700 million. The agreement “Angat Lahat: A Dose of Hope” was signed today by Presidential Adviser for Entrepreneurship and Nego Negosyo...
Trade and Industry Undersecretary Ceferino S. Rodolfo The Board of Investments (BOI), the country’s premier investment promotion and generation agency, is confident of hitting its P1 trillion investments target this year despite the pandemic that has slowed down domestic and global businesses....
In the midst of a pandemic that halted most business activity for months, 21 Filipino companies managed to maintain their sustainability initiatives and win at the recent Asia Corporate Excellence & Sustainability (ACES) Awards. In awarding ceremonies held online last 10 November, 21 companies...
An Australian based thermal coding company said it has ramped up investments to P4.4 billion for the establishment of the first thermal coding plant and back office services in the Philippines calling the country a “very well-kept secret” that it’s about time to start telling investors....
Foreign direct investments (FDIs) in South East Asia in the first semester of 2020 contracted by 20 percent, but the Philippines is one of only two exceptions that bucked the investment trend with its FDI inflows rising 20 percent, the United Nations Conference on Trade and Development (UNCTAD)...
COVID-19 impact milder than expected Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno said the contraction in remittances and the slowdown in foreign direct investments (FDI) is not as worse as they originally projected. “The impact of COVID-19 on the inflows of OF (overseas...
Finance Secretary Carlos G. Dominguez III has expressed dismay over the Board of Investment’s (BOI) failure to attract foreign companies that were moving their productions out of China. MB file Speaking at the virtual 46th Philippine Business Conference and Expo, Dominguez said that the...
The Securities and Exchange Commission (SEC) has approved the shelf registration of SM Investments Corporation’s P30 billion worth of fixed-rate bonds. The Commission En Banc resolved to render effective the registration statement of SMIC for debt...
The central bank yesterday said for the first half of 2020 the country’s net foreign direct investments (FDI) inflows fell by 18.3 percent to $2.997 billion from $3.670 billion same period last year because of the COVID-19 pandemic. FDIs are equity capital, reinvestment of earnings, and...
