ILOILO City Hall at night. (Tara Yap) ILOILO CITY – The city government is reviewing the waste-to-energy proposal of a subsidiary of Metro Pacific Investments Corp. (MPIC). “We are presently evaluating the proposal submitted,” said Mayor Jerry Treñas in a statement. Metro Pacific Water (MPW)...
The Board of Investments (BOI) is confident it would hit its P1 trillion investment approvals target for 2023, citing serious interests from global investors. Trade and Industry Secretary Alfredo E. Pascual, who is also BOI chairman, attributed the renewed interest of multinationals following the...
Allowing the International Criminal Court (ICC) to pursue its investigation against former president Rodrigo Duterte will boost the Philippines' chances of landing foreign investments. Albay 1st district Rep. Edcel Lagman (left) and former president Rodrigo Duterte (Facebook, Malacañang)...
The Marcos administration has been aggressively promoting the country's priority sectors, such as green, innovative, and sustainable manufacturing and services, to attract more foreign investors, Malacañang said. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Malacañang) Citing...
The impact of the recent state visit made by President Ferdinand "Bongbong" R. Marcos Jr. and the Philippine delegation to Japan will be felt within the next three years, the Department of Trade and Industry (DTI) disclosed on Tuesday, Feb. 14. DTI Asec. Glenn G. Peñaranda (Screenshot taken from...
Majority or 21 out of total 34 investment pledges signed during the recent official visit of President Ferdinand R. Marcos Jr. to Japan are expected to materialize within three years, according to the Department of Trade and Industry (DTI). DTI Secretary Alfredo E. Pascual described the prospects...
The Energy Regulatory Commission (ERC) is reviewing the appeal of generation companies (GenCos) for possible upward adjustment in the secondary price cap (SPC) of the Wholesale Electricity Spot Market (WESM) as existing rate could no longer support warranted return on investments (ROIs) if they...
The SM group of companies was one of the most awarded in the recently held Golden Arrow Awards by the Institute of Corporate Directors (ICD). In a statement SM Investments Corporation said nine companies of the SM Group were recognized for excellence in performance in Corporate Governance. From...
Metro Pacific Investments Corporation (MPIC) is expanding its agriculture business by acquiring a 34.76 percent stake in listed coconut products exporter Axelum Resources Corporation for P5.32 billion. In a disclosure to the Philippine Stock Exchange, Axelum said it has entered into a strategic...
The Philippine Economic Zone Authority (PEZA) has approved the registration of the Filipino-owned MJ Landtrade Development Corp. for its P4.116 IT Center special economic zone project, bringing the agency’s total investment approvals in January to P6.393 billion. PEZA OIC Deputy Director General...
The United Kingdom is wishing to become one of the Philippines' top investors considering the country’s wide market and the government’s measures to ensure easier access to conducting business transactions. UK Ambassador to the Philippine Laure Beaufils said UK "wants to...
SM Investments Corporation is optimistic about its prospects this year as it pushes forward with its expansion and growth plans to reach more communities. “We are investing in the future growth of the Philippines as it continues to present tremendous potential,” SM Investments Corporation...
