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3 Chinese firms interested in Kaliwa dam

By Victor V. Saulon, Sub-Editor METROPOLITAN WATERWORKS and Sewerage System (MWSS) expects three Chinese companies to secure procurement documents for the Kaliwa dam project which will be bid out in March, its top official said. MWSS Administrator Reynaldo V. Velasco said funding for the project is already available through official development assistance (ODA) from China, […].....»»

Category: newsSource: bworldonline bworldonlineFeb 16th, 2018

PEZA says Chinese, Japanese firms interested in mining investments

THE Philippine Economic Zone Authority (PEZA) said it has received expressions of interest from foreign minerals firms, indicating possible new entrants since the disruptions caused by a crackdown on the industry ordered by former Environment and Natural Resources Secretary Regina Paz L. Lopez. PEZA Director-General Charito B. Plaza said the approaches are from “Japanese and […] The post PEZA says Chinese, Japanese firms interested in mining investments appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsJan 1st, 2018

Duterte sets aside sea row with China for now: I’d rather talk about business

      President Rodrigo Duterte on Friday said he did not raise the United Nations (UN) ruling on the South China Sea invalidating Beijing's claim in almost all of the disputed sea during his bilateral meeting with Chinese President Xi Jinping.     "It is not the appropriate time to do it," Duterte said during a press briefing upon his arrival at the Davao International Airport from Hong Kong.     The President said he was more interested in the offer of China for a joint exploration of resources in the disputed waterway.     "They are now offering joint exploration," he said.     During t...Keep on reading: Duterte sets aside sea row with China for now: I’d rather talk about business.....»»

Category: newsSource:  inquirerRelated NewsApr 12th, 2018

Real estate developers cite China factor behind rising condo demand

By Krista A. M. Montealegre National Correspondent CHINESE nationals are adding fuel to residential condominium demand, as property developers look to add record new supply in Metro Manila this year. Real estate firms Ayala Land, Inc.; DMCI Project Developers, Inc. and D.M. Wenceslao & Associates, Inc. are seeing a shift in demand on higher sales […] The post Real estate developers cite China factor behind rising condo demand appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsApr 10th, 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

China eyes PH airport funding

China is interested to finance an airport project in the Philippines, while San Miguel Corp.'s proposal to build an "aerotropolis" in Bulacan will soon be up for President Duterte's approval, the National Economic and Development Authority said Tuesday. Neda Undersecretary Rolando G. Tungpalan told reporters that among the "second basket" of infrastructure projects to be pitched for Chinese financing included an airport, in which China itself earlier expressed interest, but he did not disclose details. Tungpalan added that the Chinese side might also be tapped to finance the construction of 10 more bridges crossing the Pasig River in Metro Manila, which was approved for official de...Keep on reading: China eyes PH airport funding.....»»

Category: newsSource:  inquirerRelated NewsApr 3rd, 2018

Neda: China interested to finance PH airport project

        China is interested to finance an airport project in the Philippines, while San Miguel Corp.'s proposal to build an "aerotropolis" in Bulacan will soon be up for President Rodrigo Duterte's approval, the National Economic and Development Authority (Neda) saidTuesday. Neda Undersecretary Rolando G. Tungpalan told reporters that among the "second basket" of infrastructure projects to be pitched for Chinese financing included an airport, in which China itself earlier expressed interest, but he did not disclose details. Tungpalan added that the Chinese side may also be tapped to finance the construction of 10 more bridges crossing the Pasig R...Keep on reading: Neda: China interested to finance PH airport project.....»»

Category: newsSource:  inquirerRelated NewsApr 3rd, 2018

Del Rosario names 9 members of China-Ph consortium that will build the “new Marawi”

DAVAO CITY (MindaNews / 02 April 2018) — The chair of Task Force Bangon Marawi (TFBM) has named the nine firms — five Chinese and four Filipino — comprising the Bagong Marawi Consortium that will build the “new Marawi” within the 250-hectare Ground Zero, the former main battle area during the five-month siege, now referred […] The post Del Rosario names 9 members of China-Ph consortium that will build the “new Marawi” appeared first on MindaNews......»»

Category: newsSource:  mindanewsRelated NewsApr 2nd, 2018

China-Ph consortium to build “new Marawi”

DAVAO CITY (MindaNews / 01 April) — A consortium of Chinese and Filipino firms will build the “new Marawi” within the 250-hectare Ground Zero, the former Main Battle Area in the five-month siege last year, now referred to as Most Affected Area (MAA). The proposal of Bagong Marawi Consortium, composed of five Chinese and four […] The post China-Ph consortium to build “new Marawi” appeared first on MindaNews......»»

Category: newsSource:  mindanewsRelated NewsApr 1st, 2018

US wants China to cut auto tariffs, buy more chips

WASHINGTON/BEIJING — Top Trump administration officials are asking China to cut tariffs on imported cars, allow foreign majority ownership of financial services firms and buy more US-made semiconductors in negotiations to avoid plans to slap tariffs on a host of Chinese goods and a potential trade war. A person familiar with the discussions said these […] The post US wants China to cut auto tariffs, buy more chips appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMar 28th, 2018

US sends China to-do list to narrow trade gap

BEIJING — The US asked China in a letter last week to cut the tariff on US autos, buy more US-made semiconductors and give US firms greater access to the Chinese financial sector, the Wall Street Journal reported on Monday, citing unnamed sources. Alarm over a possible trade war between the world’s two largest economies […] The post US sends China to-do list to narrow trade gap appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMar 26th, 2018

Business sentiment across Asia edges up to hit seven-year high

SYDNEY — Business confidence among Asian companies rose in the first quarter to the highest level in seven years, a Thomson Reuters/INSEAD survey showed, as a fresh surge by the Chinese economy offset concerns about rising trade barriers. The Thomson Reuters/INSEAD Asian Business Sentiment Index, representing the six-month outlook of 67 firms, advanced one notch […] The post Business sentiment across Asia edges up to hit seven-year high appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMar 21st, 2018

China seeks to avert trade war, pledges more open economy

BEIJING — Voicing hopes that Beijing and the United States could avoid a trade war, Premier Li Keqiang told the close of the annual parliament session that China would open its economy further, so that foreign and Chinese firms can compete on an equal footing. Fears of a global trade war mounted after US President […] The post China seeks to avert trade war, pledges more open economy appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsMar 20th, 2018

‘Chinese hackers targeting US firms connected to South China Sea’

MANILA, Philippines — A suspected Chinese cyber espionage group has been targeting American companies that have involvement in the South China Sea, according.....»»

Category: newsSource:  philstarRelated NewsMar 19th, 2018

Mindanao mom-and-pop bakeries face stiffer competition from food brands

By Carmencita A. Carillo Correspondent DAVAO CITY — Micro, small and medium-scale enterprise (MSME) bread and cake makers are a growing sector in Mindanao, but they need to keep innovating to compete with big firms that mass-produce baked goods, according to the chairman of the Filipino-Chinese Bakery Association, Inc. “I was here 19 years ago […] The post Mindanao mom-and-pop bakeries face stiffer competition from food brands appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMar 6th, 2018

Foreign firms interested in Cagayan airport development

MANILA, Philippines — Foreign companies have expressed interest to modernize and provide airport management services to the Cagayan North International Airpo.....»»

Category: financeSource:  philstarRelated NewsMar 5th, 2018

IBP mulls Writ of Kalikasan vs Chinese builders of artificial islands

BAGUIO CITY — The Integrated Bar of the Philippines (IBP) is exploring possibilities of filing a Writ of Kalikasan against firms contracted by China to build artificial islands at the West Philippine Sea......»»

Category: newsSource:  nordisRelated NewsMar 4th, 2018

President for Life? Duterte won’t do a Xi Jinping

There will be no President for Life Duterte. Unlike Chinese President Xi Jinping, President Rodrigo Duterte is not interested in extending his term beyond 2022, Malacaang said on Tuesday. The Chinese Communist Party proposed on Sunday to remove a constitutional clause limiting presidential service to just two terms in office. If approved by the rubber-stamp parliament at an annual meeting next month, the lifting of the presidential term limit would enable Xi, who is also the head of the Communist Party and the military, to serve for life. The plan has been met with vigorous opposition and ridicule on social media. Term limits on officeholders, including the president, ...Keep on reading: President for Life? Duterte won’t do a Xi Jinping.....»»

Category: newsSource:  inquirerRelated NewsFeb 28th, 2018

China says new US sanctions threaten cooperation over North Korea

China reacted with anger on Saturday to new US sanctions aimed at increasing pressure on nuclear-equipped North Korea, saying the unilateral targeting of Chinese firms and people risked harming cooperation on the problem. Source link link: China says new US sanctions threaten cooperation over North Korea.....»»

Category: newsSource:  manilainformerRelated NewsFeb 25th, 2018

Indian firms interested in Build, Build, Build program

Indian firms interested in Build, Build, Build program.....»»

Category: financeSource:  philstarRelated NewsJan 24th, 2018

DICT allays fears of security threat from Chinese telco

DICT yesterday allayed fears of security threat from the Duterte administration’s decision allowing one of three leading Chinese firms to compete with the existing telecommunications duopoly in the Philippines. #BeFullyInformed DICT allays fears of security threat from Chinese telco The Department of Information and Communications Technology (DICT) yesterday allayed fears of security threat from the… link: DICT allays fears of security threat from Chinese telco.....»»

Category: newsSource:  manilainformerRelated NewsJan 24th, 2018