Surigao del Norte 2nd district Rep. Robert Ace Barbers (Dexter Barro II/MANILA BULLETIN) A veteran lawmaker in the House of Representatives has reiterated that the risks Philippine Offshore Gaming Operators (POGOs) bring to the country far outweigh its...
(Unsplash) Camarines Sur 2nd district Rep. LRay Villafuerte is pushing for the reinvigoration of the country’s garment and textile industry to entice foreign investors who are now leaving China to relocate their businesses. “The government must take...
Pangilinan-led SP New Energy Corp (SPNEC) is targeting to conclude sell-down of up to 40% of its shareholdings to foreign firms that will be willing to infuse capital into its 3,500-megawatt Terra Solar power project to be integrated with 4,500-megawatt hours (MWh) of energy storage system....
Century Properties Group Inc. (CPG) reported that its strong credit rating of “AA+” has been reaffirmed by Credit Rating and Investors Services Philippines Inc. (CRISP) due to its sustained market position and continued revenue growth. In a statement, CPG said the rating agency stated that...
A coalition of business groups urged the government to come up with a hotline platform intended to assist foreign investors in engaging in the Philippines. Special Assistant to the President for Investments and Economic Affairs Secretary Frederick Go and Trade Secretary Alfredo Pascual preside over...
West Philippine Sea (Wikipedia) House Minority Leader 4Ps Party-list Rep. Marcelino "Nonoy" Libanan is worried that international news reports of worsening tensions in the West Philippine Sea (WPS) might shoo away potential foreign investors...
Japanese firm Tokai Corporation is beefing up its shareholdings in Filipino-listed firm Repower Energy Development Corporation (REDC), which is into development of various renewable energy (RE) projects in the country. Tokai first subscribed into 65 million common shares of REDC, and that warranted...
The Department of Finance (DOF) has committed to partnering with US investors to explore potential investments in critical minerals, semiconductors, and energy security in the Philippines. This commitment has been made following the meeting between Finance Secretary Ralph G. Recto and United States...
Billionaire Manuel B. Villar listed property developer Vista Land & Lifescapes Inc. has successfully raised P6 billion through the issuance of triple-A rated peso-denominated fixed-rate bonds. In a disclosure to the Philippine Stock Exchange (PSE), the firm said the bonds consist of Series F...
Norway is open to expanding trade and investment ties with the Philippines particularly in the areas of aquaculture and retail industries while also continuing to develop its partnerships in the renewable energy (RE) and maritime sectors. Norwegian Ambassador to the Philippines Christian Halaas...
Credit Rating and Investors Services Philippines Inc. (CRISP Ratings) has reaffirmed its “AAA” issuer rating with a stable outlook on real estate tycoon Manuel B. Villar's Vista Land and Lifescapes Inc. (VLL). The highest rating was given based on the firm’s market leadership in property...
Investors from Norway and the United Kingdom who are placing their investment bets in the offshore wind industry of the Philippines have been reinforcing collaboration initiatives with the Philippine government on sorting out major bottlenecks that could stifle planned capital flow in the nascent...
