This year's US presidential election and the Philippines' midterm polls next year, among other geopolitical and climate events, pose risks to near-term economic outlook here and abroad, according to the Washington-based Institute of International Finance (IIF). "Political uncertainties and policy...
The aid agencies of the US and Japan plan to jointly roll-out development projects in the Philippines, according to the United States Agency for International Development (USAID). In a statement, USAID said its administrator Samantha Power met with Japan International Cooperation Agency (JICA)...
San Miguel-led New NAIA Infra Corporation (NNIC), the new private operator of the Ninoy Aquino International Airport has launched the official website and social media pages of NAIA as the transformation of the Philippines’ primary gateway begins. The new website, www.newnaia.com.ph, focuses on...
The International Coastal Clean-Up (ICC) is back for another year and is shaping up to be the biggest one yet, taking place simultaneously on September 21 at 15 different SM Supermalls across the country: SM By the Bay at SM Mall of Asia Complex, SM Tuguegarao Downtown, SM City Tuguegarao, SM City...
The International Finance Corp. (IFC) will assist the Philippine government in rolling out five big-ticket public-private partnership (PPP) infrastructure projects, worth a total of P62 billion. The private-sector arm of the World Bank Group recently disclosed it will provide transaction advisory...
Seventeen Japanese companies participated in the business matchmaking event to connect with Filipino business partners and market technologies in agriculture, disaster risk reduction, and the environment. Hosted by Japan International Cooperation Agency (JICA), Rizal Commercial Banking Corporation...
As part of its ongoing commitment to sustainability, Mondelēz International recently held a two-day workshop on marine litter with advocacy group Save Philippine Seas for the 27 public elementary schools in its home City of Parañaque. This initiative is central to the company's Southeast...
Providing an "adequate" budget for the Commission on Human Rights (CHR) translates to better efforts in safeguarding the rights of workers and all Filipinos. This was the statement of the CHR as it expressed gratitude to the National Tripartite Industrial Peace Council (NTIPC) for adopting...
Alliance Global Group Inc. (AGI), the investment holding company of tycoon Dr. Andrew Tan, is ramping up its hotel business expansion target to over 12,000 rooms by 2028 to 2029 instead of 2030, as it banks on the growth of the tourism industry. In an interview, AGI President and CEO Kevin Andrew...
An international bazaar to be participated in by at least 40 countries will open once again with the theme, “Shop global, help local,” at the World Trade Center starting November 3. Photos by Mark Balmores The International Bazaar Foundation, Inc. (IBF) partnered with the Spouses of the...
International Container Terminal Services, Inc. (ICTSI) reported that its $800 million Luzon International Container Terminal (LICT) in Bauan, Batangaswill meet growing demand for efficient and eco-friendly marine handling solutions in the region. The facility, expected to be completed by 2028,...
TOKYO (AP) — Olympic sponsor Panasonic is terminating its contract with the IOC at the end of the year, the company said in a statement Tuesday, Sept. 10. Panasonic is one of 15 companies that are so-called TOP sponsors for the International Olympic Committee. It’s not known the value of the...
