Lopez-led FGEN LNG Corporation will conclude by the middle of next month the bid process for its planned chartering of a floating storage regasification unit (FSRU) to serve as its interim facility on targeted importation of liquefied natural gas (LNG) starting year 2022. Jonathan C. Russell,...
Economists from Japan-based MUFG Bank Ltd. see continued strong peso vis-à-vis the US dollar despite the pandemic-induced economic recession and increasing COVID-19 cases which is the highest in the region. MUFG analyst Sophia Ng for Global Markets Research forecasts the peso to keep its strength...
Sumitomo Wiring Systems, Ltd., a subsidiary of Sumitomo Electric, is investing in a wiring harness manufacturing facility in Pangasinan that would generate 10,000 jobs. Trade and Industry Secretary Ramon M. Lopez said the project is located in the Northluzon Aero Industrial Park (NAIP). The...