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AFAB signs up 2 Chinese firms

MANILA, Philippines -  Two Chinese firms have entered into a partnership with the Authority of the Freeport Area of Bataan (AFAB) and the provincial governme.....»»

Category: financeSource: philstar philstarApr 1st, 2017

ZTE woes loom as trade tensions rise

WASHINGTON — With a major Chinese smartphone maker on the rocks following US sanctions, the trade spat between Washington and Beijing appears to be taking a turn for the worse for tech firms in the two global economic powerhouses. Chinese telecom giant ZTE said in the past week its major operations had “ceased” following last […] The post ZTE woes loom as trade tensions rise appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 13th, 2018

UBS looks to acquire controlling stake in China joint venture

UBS GROUP AG submitted an application to acquire a majority stake in its Chinese securities venture, becoming the first global bank to take advantage of Beijing’s latest commitment to open its financial markets to foreign firms. The China Securities Regulatory Commission received the application from the Zurich-based bank on Tuesday, according to a statement on […] The post UBS looks to acquire controlling stake in China joint venture appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsMay 3rd, 2018

DPWH inks P5.27 B bridge contract with China firms

The Department of Public Works and Highways (DPWH) has signed a contract worth P5.27 billion (643.458 million Chinese yuan) with Chinese firms CCCC Highway Consultant Ltd. and China Road and Bridge Corp. for two bridge projects......»»

Category: financeSource:  philstarRelated NewsApr 29th, 2018

DPWH, Chinese firms sign contract for 2 Pasig River bridges

MANILA, Philippines – The Department of Public Works and Highways (DPWH) and two Chinese firms signed a contract on Friday, April 27, to implement two bridge projects along the Pasig River. The contract, worth ¥643.458 million or around P5.27 billion, is for the survey, design, and construction of the Binondo-Intramuros ........»»

Category: newsSource:  rapplerRelated NewsApr 28th, 2018

China s men only job culture slammed in new report

HONG KONG – Leading Chinese firms including e-commerce giant Alibaba were heavily criticized Monday, April 23, for gender discrimination in job adverts in a new report which said the landscape for the female workforce in China was deteriorating. The report by campaign group Human Rights Watch, entitled "Only Men Need Apply: ........»»

Category: newsSource:  rapplerRelated NewsApr 23rd, 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

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

China silences critics of move to abolish term limits for Xi

BEIJING --- The day China's ruling Communist Party unveiled a proposal to allow President Xi Jinping to rule indefinitely as Mao Zedong did a generation ago, Ma Bo was so shaken he couldn't sleep. So Ma, a renowned writer, wrote a social media post urging the party to remember the history of unchecked one-man rule that ended in catastrophe. "History is regressing badly," Ma thundered in his post. "As a Chinese of conscience, I cannot stay silent!" Censors silenced him anyway, swiftly wiping his post from the internet. As China's rubber-stamp legislature prepares to approve constitutional changes abolishing term limits for the president on Sunday, signs of dissent and biti...Keep on reading: China silences critics of move to abolish term limits for Xi.....»»

Category: newsSource:  inquirerRelated NewsMar 10th, 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

Oil firms raise pump prices

MANILA, Philippines — Petroleum companies will raise pump prices for the second consecutive week today on signs of effective supply cuts by major oil produce.....»»

Category: newsSource:  philstarRelated NewsMar 6th, 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

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

PSG returns to French league comfort zone with 5-2 home win

By Jerome Pugmire, Associated PRess PARIS (AP) — After falling short in the Champions League, Paris Saint-Germain returned to its French league comfort zone and beat Strasbourg 5-2 on Saturday. Edinson Cavani netted twice, and Julian Draxler, Angel Di Maria, and Neymar also scored to ensure PSG stayed 12 points clear of second-place Monaco at the top. But not without a fright. Strasbourg took the lead in the sixth minute and pulled back to 3-2 as PSG continued to show alarming signs of weakness at the back. Strasbourg had a late goal incorrectly ruled out for offside after PSG's defense was again easily breached, although it was already 5-2 by then. PSG lost at Real Madrid 3-1 on Wednesday in the first leg of the last 16. The way PSG capitulated by giving away two late goals heaped pressure on coach Unai Emery over his team selection. "The atmosphere was a bit tense. That's normal," Cavani said. "We have to look forward now. We played well today, although at times we could have been better." Emery was booed by sections of the home crowd when his name was announced over the loudspeaker before the game. Later, Cavani stopped short of giving Emery his personal backing when asked if the under-fire coach has the full support of the players. "We're a team and big teams stick together in the important moments," Cavani said. "That's the only way you can win." Strasbourg beat PSG at home in December, and stunned the crowd at Parc des Princes by taking the lead when midfielder Jean-Eudes Aholou was left completely unmarked near the penalty spot. PSG hit back hard and was 3-1 up after 23 minutes thanks to Draxler, Di Maria and Neymar's 19th in 19 league games. Stephane Bahoken scored against PSG for the second time this season after a quick counterattack. Strasbourg poured forward but the hope didn't last for long. Cavani gave PSG some breathing space with an assured finish in the 72nd, clipping the ball over goalkeeper Alexandre Oukidja, then lobbed him for his league-leading 23rd goal. "It was important to win after Wednesday's match. We have to get our fans ready for the games to come against Marseille (next weekend) and Real Madrid," Emery said. "We have to show we can maintain this level of play against better sides, with all due respect to Strasbourg." To celebrate Chinese New Year, PSG players' names were written in Mandarin on the back of their shirts and a Chinese dragon paraded around the pitch. PSG says it has 1.3 million Chinese followers. In order to better serve the soccer market in Asia, the league match between Nice and PSG on March 18 has been moved forward to 1 p.m. local time (1200 GMT). Marseille players will also have their names in Mandarin for Sunday's home game against Bordeaux at Stade Velodrome. Marseille recently launched an account on Chinese social media site Weibo. ___ OTHER MATCHES Striker Giovanni Sio's second-half equalizer gave Montpellier the point it needed to take fifth place after drawing with Guingamp 1-1. Two goals from newly signed striker Diafra Sakho gave Rennes a 2-2 draw at Caen, which missed two penalties. Saint-Etienne won at Angers 1-0, Troyes beat last-place Metz 1-0, and Amiens drew with Toulouse 0-0 in another relegation scrap. In Sunday's other games, fourth-place Lyon goes to Lille, and Nice hosts Nantes......»»

Category: sportsSource:  abscbnRelated NewsFeb 18th, 2018