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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

Film with Fan Bingbing, Bruce Willis canceled after tax case

Chinese tax authorities this month ordered Fan and companies she represents to pay taxes and penalties totaling $130 million, ending speculation over the fate of one of the country's highest-profile entertainers three months after she disappeared from public view......»»

Category: newsSource:  philstarRelated NewsOct 18th, 2018

Core Capital, Gobi Partners launch $10-M fund for Philippine startups

Philippines-based venture capital (VC) firm Core Capital and Malaysia-based Chinese VC Gobi Partners have entered a partnership to launch the Gobi-Core Philippine Fund (PH Fund) — a $10 million fund for seed-stage and pre-Series A companies in the Philippines. Core Capital will be managing the funds, with Gobi Partners contributing test processes, best practices, and other… link: Core Capital, Gobi Partners launch $10-M fund for Philippine startups.....»»

Category: newsSource:  manilainformerRelated NewsOct 10th, 2018

China tech stocks Lenovo, ZTE tumble after chip hack report

  HONG KONG --- Chinese tech stocks Lenovo Group and ZTE Corp. tumbled in Hong Kong on Friday following a news report Chinese spies might have used chips supplied by another company to hack into U.S. computer systems. Lenovo shares closed down 15.1 percent while ZTE lost 11 percent. Bloomberg News cited unidentified U.S. officials as saying malicious chips were inserted into equipment supplied by Super Micro Computer Inc. to American companies and government agencies. Lenovo, with headquarters in Beijing and Research Triangle Park, North Carolina, is the biggest global manufacturer of personal computers and has a growing smartphone brand. "Super Micro is not a supplier to L...Keep on reading: China tech stocks Lenovo, ZTE tumble after chip hack report.....»»

Category: newsSource:  inquirerRelated NewsOct 5th, 2018

SoKor Envoy Asks Korean Companies to ‘Invest, Invest, Invest’ in PH

“Invest, invest, invest in the Philippines” — this was the clarion call of South Korean Ambassador Han Dong-man as he urged South Korean companies to invest in the Philippines in response to President Rodrigo R. Duterte’s “Build, Build, Build” program which seeks to spur economic growth in the country. Han made the pledge in a […].....»»

Category: newsSource:  metrocebuRelated NewsOct 5th, 2018

China’s Tencent, KKR to invest in PayMaya developer

Chinese technology giant Tencent Holdings, the developer of WeChat, and a United States-based fund are entering PLDT Inc.'s digital innovations arm--- a move seen to accelerate the use of cashless payments in the Philippines over the next few years. In a joint statement, PLDT said Tencent and investment firm KKR will invest up to $175 million (P9.5 billion) into PLDT unit Voyager Innovations, which operates the mobile wallet PayMaya. The deal was branded yesterday as the single largest investment to date in a Philippine tech company. "We can scale up and that's what Tencent and KKR want to do," PLDT chair and CEO Manuel V. Pangilinan told reporters in a briefing on Thursday. "Al...Keep on reading: China’s Tencent, KKR to invest in PayMaya developer.....»»

Category: newsSource:  inquirerRelated NewsOct 4th, 2018

Offshore gaming buoys PH real estate

The influx of offshore gaming companies--many of which are Chinese, thanks to the warmer relations between Manila and Beijing--has notably spurred demand for office spaces in the last year or so, e.....»»

Category: newsSource:  philippinetimesRelated NewsSep 23rd, 2018

PT& T to invest P7B in network expansion

Philippine Telegraph & Telephone Corp. (PT&T), among the companies seeking to become a new mobile player under the government's third telco initiative, is looking to spend around P7 bi.....»»

Category: newsSource:  philippinetimesRelated NewsSep 21st, 2018

BPO companies remain bullish, invest in offices

BPO companies remain bullish, invest in offices Source link link: BPO companies remain bullish, invest in offices.....»»

Category: newsSource:  manilainformerRelated NewsSep 19th, 2018

BPO companies remain bullish, invest in offices

BPO companies remain bullish, invest in offices.....»»

Category: financeSource:  thestandardRelated NewsSep 18th, 2018

Small investors get bigger IPO portion

Retail investors can invest more in listed companies after the Securities and Exchange Commission approved the increase in the share of local small investors in initial public offerings......»»

Category: financeSource:  philstarRelated NewsSep 14th, 2018

Not Made in China: Chinese firms shift production overseas to avoid US tariffs

A growing number of Chinese companies are adopting a crafty way to evade US President Donald Trump's tariffs: remove the 'Made in China' label by shifting production to countries suc.....»»

Category: newsSource:  philippinetimesRelated NewsSep 12th, 2018

Arroyo meets with Chinese businessmen who want to invest in Clark - Rappler

Arroyo meets with Chinese businessmen who want to invest in Clark - Rappler.....»»

Category: newsSource:  googlenewsRelated NewsAug 28th, 2018

Alphaland gets buy-in offers from Thai, Chinese investors

Alphaland Corp., the luxury property firm chaired by tycoon Roberto Ongpin, said three foreign investors from Thailand and China have expressed interest to invest in the company......»»

Category: financeSource:  philstarRelated NewsAug 24th, 2018

Manulife launches fund-linked product

Insurer Manulife Philippines has unveiled a new life-protection product linked to an equity fund that invests in a diversified portfolio of top companies with Filipino-Chinese heritage. Manulife re.....»»

Category: newsSource:  philippinetimesRelated NewsAug 23rd, 2018

China s Huawei, ZTE blocked from Australia s 5G network

SYDNEY, Australia – Chinese telecom giants Huawei and ZTE have effectively been banned from rolling out Australia's 5G network, after Canberra said Thursday, August 23, there were security risks with companies beholden to foreign governments. Huawei – one of the world's largest telecommunications equipment and services providers – ........»»

Category: newsSource:  rapplerRelated NewsAug 23rd, 2018

US blacklists Russian, Chinese companies for breaking North Korea embargo

The US Treasury announced sanctions on Russian and Chinese companies Wednesday for violating the economic embargo on North Korea as Washington seeks to maintain pressure on Pyongyang over its nucle.....»»

Category: newsSource:  philippinetimesRelated NewsAug 16th, 2018

PLDT’s Voyager secures strategic foreign partners

Telco giant PLDT Inc. has finally secured foreign strategic partners to invest in its digital innovations arm, Voyager Innovations Inc., after earlier talks with Chinese tech giant Tencent Holdings Ltd. failed, PLDT chairman and chief executive officer Manuel V. Pangilinan said......»»

Category: financeSource:  philstarRelated NewsAug 9th, 2018