Advertisements


10 more Chinese companies intend to invest in PH

MANILA, Philippines – During President Rodrigo Duterte’s visit to Boao, China, 10 Chinese companies said they would invest billions in the Philippines. Most of the companies signed letters of intent in the presence of Duterte and his Cabinet members during a ceremony held on ........»»

Category: newsSource: rappler rapplerApr 10th, 2018

Take two for China

The local telecommunications industry may not seem to be a worthwhile opportunity for Chinese companies to invest in (yet), but there are many other areas in.....»»

Category: financeSource:  philstarRelated NewsMar 8th, 2018

DTI: Chinese firms eyeing PH ventures

Two Chinese companies have offered to invest some $4.5 billion in the country, the Trade department said. The firms were identified as Huili Investment Fund Management Co., Ltd. and Yi Ding Tai International Corporation, which plan to invest in iron and steel manufacturing and shipbuilding. “This is one of several investment proposals we have received [...] The post DTI: Chinese firms eyeing PH ventures appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsOct 23rd, 2017

Chinese firms have big enthusiasm to invest in Philippines

MANILA, Philippines — A Beijing trade official says Chinese companies have "very big" enthusiasm about investing in railways and airports and other major inf.....»»

Category: financeSource:  philstarRelated NewsNov 15th, 2016

ECCP: Foreign firms eye investing in PH

SEVERAL foreign companies are looking to invest in the Philippines, particularly in cosmetics, power, green energy, and waste management, the European Chamber of Commerce of the Philippines (ECCP) said. On the sidelines of the chamber’s 40th anniversary celebration in Parañaque City on Thursday, ECCP President Guenter Taus told reporters that an Australian delegation, which included [...] The post ECCP: Foreign firms eye investing in PH appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsMay 19th, 2018

Duterte skips barangay elections, Defector on North Korea, Gary V discharged from hospital | Evening wRap

Today on Rappler: President Rodrigo Duterte skips the barangay elections, the first to be held under his administration.  The usual election problems mar the barangay and Sangguniang Kabataan elections. T wo Chinese companies poised to win a P17.2-billion contract to rehabilitate Marawi City were once blacklisted by the World Bank over corrupt practices in the ........»»

Category: newsSource:  rapplerRelated NewsMay 14th, 2018

Security Bank rolls out Asia-Pacific investment trust fund

Security Bank Corp. has introduced an investment tool enabling customers to invest in companies outside the Philippines. In a statement Monday, May 14, Security Bank said it launched the SB Asia Pacific Equity Feeder Fund, a dollar-denominated unit investment trust fund (UITF) which lets clients to invest in companies in the Asia-Pacific region. A UITF […] The post Security Bank rolls out Asia-Pacific investment trust fund appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 14th, 2018

China firms in Marawi rehab once blacklisted by World Bank

MANILA, Philippines – Two Chinese companies poised to win a P17.2-billion contract to rehabilitate the former battle area in Marawi City were once blacklisted by the World Bank over corrupt practices in the Philippines. China State Construction Engineering Corporation (CSCEC) and China Geo Engineering Corporation (CGC) allegedly colluded with ........»»

Category: newsSource:  rapplerRelated NewsMay 14th, 2018

Meralco’s Ghana entry in limbo

The Manila Electric Co.'s (Meralco) debut as a hands-on energy player abroad hit a snag as its Chinese rival for a concession in Ghana hailed to court the responsible state agency, prompting a stop in the contracting process. The Millennium Development Agency (MiDA) of Ghana---which leads the concession process---last month named Meralco the preferred bidder for a contract to manage, operate and invest in the Electric Company of Ghana (ECG), which serves that West African country's capital region. MiDA chose Meralco for having the "highest combined technical and financial score." MiDA, however, confirmed last week that losing bidder led by BXC Company Ghana Ltd. has brought the age...Keep on reading: Meralco’s Ghana entry in limbo.....»»

Category: newsSource:  inquirerRelated NewsMay 2nd, 2018

Russian firms bullish on Philippines

Russian companies have expressed interest to invest in critical sectors of the Philippine economy after a state and business delegation met with local counterparts last week, the Board of Investments said......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2018

Russian firms interested in transport, aerospace

THE Department of Trade and Industry (DTI) said it has received expressions of interest from Russian companies to invest in projects involving transport infrastructure, aerospace, iron and steel, autos, power generation equipment, mineral processing, and agriculture. In a statement, the DTI said some the Russian firms are also interested in joint ventures with local partners. […] The post Russian firms interested in transport, aerospace appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsApr 26th, 2018

UK firms urged to invest in Philippine retail sector

The country’s retail sector presents an exciting opportunity for companies from the UK, the British Chamber of Commerce Philippines said......»»

Category: financeSource:  philstarRelated NewsApr 25th, 2018

AC venture unit to target emerging, disruptive technologies

By Krista Angela M. Montealegre, National Correspondent AYALA Corp. (AC) said its venture unit will take the lead in identifying companies developing emerging and potentially disruptive technologies, with a mandate to invest $250 million by taking minority positions. AC Chief Financial Officer Jose Teodoro K. Limcaoco said in a briefing that about $150 million has […] The post AC venture unit to target emerging, disruptive technologies appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsApr 20th, 2018

Mounting angst in Germany over relationship with China

SCHROBENHAUSEN, GERMANY — Bauer, a big producer of construction equipment, is better placed than many German companies that invested heavily in China over the past few decades. The Bavaria-based firm, which traces its roots back to 1790, does not have to worry about keeping a Chinese joint venture partner happy because it is the sole […] The post Mounting angst in Germany over relationship with China appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsApr 15th, 2018

Zuckerberg on Facebook, Duterte and Xi on West Philipines Sea, Trump on Russia | Evening wRap

Today on Rappler: Facebook chief Mark Zuckerberg concedes the regulation of social media companies is 'inevitable.'  Facebook announces its partnership with Rappler and Vera Files for a third-party fact-checking program in the Philippines.  Philippine President Rodrigo Duterte and Chinese President Xi Jinping give the 'go signal' for their countries to craft a framework for joint exploration in the ........»»

Category: newsSource:  rapplerRelated NewsApr 12th, 2018

PH gets Chinese companies’ investment pledges worth USD 9.8 B

The Department of Trade and Industry (DTI) welcomed USD 9.8 billion-worth of investment intentions from Chinese companies that will cover the construction, electronics, agriculture, tourism, and pharmaceutical sectors, and will provide an estimated 10,800 employment opportunities. “Investments are important in bringing more job opportunities for all Filipinos. Our bilateral cooperation with China continues to deepen […].....»»

Category: newsSource:  boholnewsdailyRelated NewsApr 12th, 2018

PH gets Chinese companies’ investment pledges worth USD 9.8 B

The Department of Trade and Industry (DTI) welcomed USD 9.8 billion-worth of investment intentions from Chinese companies that will cover the construction, electronics, agriculture, tourism, and pharmaceutical sectors, and will provide an estimated 10,800 employment opportunities. “Investments are important in bringing more job opportunities for all Filipinos. Our bilateral cooperation with China continues to deepen […].....»»

Category: newsSource:  boholnewsdailyRelated NewsApr 11th, 2018

Swiss firms urged to invest in PH

The Department of Trade and Industry (DTI) is encouraging more companies from Switzerland to invest in the Philippines and take advantage of its “liberalized trade and investment flows.” In the Philippine-Swiss Business Forum held at the Swiss city of Zurich on March 28, Trade Undersecretary Ceferino Rodolfo said the country “is maximizing the opportunities brought [...] The post Swiss firms urged to invest in PH appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsApr 4th, 2018

Chinese firms join rebuilding of Marawi

A consortium of Chinese and Filipino companies has been chosen by the government as the potential developer to lead the rebuilding of war-torn Marawi City, an official of the Task Force Bangon Marawi (TFBM) said. In a telephone interview on Tuesday, Eduardo del Rosario, TFBM chair, said the task force would hold negotiations with the Bangon Marawi Consortium (BMC), composed of five Chinese and four Filipino firms, to determine the terms of reference, hammer out the details of the reconstruction program and set the final project cost. Rubble Most of Marawi City was reduced to rubble by five months of fighting between government forces and Islamic State-allied militants who la...Keep on reading: Chinese firms join rebuilding of Marawi.....»»

Category: newsSource:  inquirerRelated NewsApr 3rd, 2018

US lists $50B in Chinese imports facing tariffs

WASHINGTON, United States --- US officials published Tuesday a list of $50 billion in Chinese imports set to be targeted by US tariffs, the latest move in President Donald Trump's simmering trade confrontation with Beijing. The list -- which includes electronics, aircraft parts, medicine, machinery and other goods -- has yet to be finalized and is intended as a response to China's alleged theft of American companies' intellectual property and technology. The move comes a day after Beijing imposed duties on about $3 billion in US exports, a countermeasure widely seen as a warning that Chinese officials will not hesitate to retaliate quickly. "The proposed list of products is ...Keep on reading: US lists $50B in Chinese imports facing tariffs.....»»

Category: newsSource:  inquirerRelated NewsApr 3rd, 2018

Philippine companies should invest more in security, says Blackpanda CEO

By Krista A. M. Montealegre, National Correspondent IF THE GUNMAN in the deadly attack at the Resorts World Manila had walked into another establishment that fateful night last June, a security expert fears that guards in most places in Metro Manila would have responded the same way as those in the integrated resort. The Philippines, […] The post Philippine companies should invest more in security, says Blackpanda CEO appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsApr 1st, 2018