Secretary Frederick Go of the Office of the Special Assistant to the President for Investment and Economic Affairs (SAPIEA) chaired his first Economic Development Group (EDG) meeting, which focused on enhancing the attractiveness of the Philippines to foreign investors. At the high-level...
National scientist and economist Raul Fabella during the roundtable forum at the House of Representatives (PPAB) National scientist and economist Raul Fabella has argued that amending the economic provisions of the 1987 Constitution can “significantly...
Albay 2nd district Rep. Joey Salceda answering questions during a press briefing. (Dexter Barro II, MANILA BULLETIN) The Philippine stock market will feel the immediate impact of an improved economy if the proposed amendments to the “restrictive”...
Foreign investors interested in entering the Philippines' renewable energy sector will be required to secure 167 signatures before they commence operations. While this may seem like a daunting number to many, an industry stakeholder pointed out that this requirement has already been reduced from...
The Presidential Communications Office (PCO) said President Marcos' overseas trips have been pivotal in generating serious investment interest in the Philippines, noting that 46 projects worth $14.2 billion have already started operating, completed registration, or commenced implementation....
The Marcos administration is set to offer Filipinos the opportunity to grow their hard-earned savings by investing at least P5,000 in the government’s upcoming retail Treasury (RTB) bond sale. The Bureau of the Treasury has announced that the government intends to raise more than P30 billion...
Landco Pacific Corporation president and CEO Erickson Y. Manzano, and construction management head Philip Baguisa received the ACES (Asia Corporate Excellence and Sustainability) Award 2023 for premium real estate developer as one of Asia's top performing companies. Landco Pacific...
Albay 2nd district Rep. Joey Salceda (left) and President Ferdinand "Bongbong" Marcos Jr. (Facebook) Albay 2nd district Rep. Joey Salceda gave props to President Marcos for facilitating the inflow of investments to the country, which has led...
The Department of Finance (DOF) reported that the Social Security System (SSS) collected nearly P80 billion from its Workers’ Investment and Savings Program (WISP) as of last year. The DOF said that since its inception in 2021, WISP, a mandatory provident fund scheme, has accumulated a total of...
The Bureau of the Treasury is set to disburse the P75 billion seed capital to the Maharlika Investment Corp. (MIC) sourced from the Land Bank of the Philippines and the Development Bank of the Philippines (DBP). This decision comes following the approval by the MIC Board, chaired by Finance...
In my five years of experience in the real estate industry, I've observed a growing trend among investors who prefer acquiring properties without paying in cash. Developers are increasingly offering pre-selling projects, allowing buyers to lock in prices and make manageable monthly payments....
The Maharlika Investment Corp. (MIC) deliberated on the strategic direction of the fund, with Finance Secretary Ralph G. Recto assuming the role of the new chairperson. The Department of Finance (DOF) reported that on Friday, Jan. 26, Recto chaired the second board meeting of the MIC. Last Jan. 7,...
