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BSP chief bullish on FDI surge

The Philippines registered a 21.4 percent year-on-year rise in foreign direct investments (FDIs) in 2017 and Bangko Sentral ng Pilipinas (BSP) Governor Nestor A. Espenilla Jr. is hoping for this to increase further. “That’s the whole proposition of government to attract more foreign direct investments because that’s actually a sustainable….....»»

Category: newsSource: journal journalMar 14th, 2018

Honor eyes top 3 spot in PH smartphone market

Huawei’s Honor is confident to break into the Philippines’ top three smartphone brands, expecting to realize the same growth it enjoys in China market, a top official said. Honor Chief Executive Officer Wang Yang said with the brand’s aim to capture the large and young population of the Philippines, he was bullish Honor can get [...] The post Honor eyes top 3 spot in PH smartphone market appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsJun 10th, 2018

No deal yet on imports of sugar, says DA chief

The Department of Agriculture maintained that the Philippines would not import sugar despite strong calls from local manufacturers of confectionery products following the surge in domestic sugar prices......»»

Category: financeSource:  philstarRelated NewsJun 6th, 2018

Mining firm bullish on nickel prospects

Listed Nickel Asia Corp. (NAC), the country's biggest nickel miner, is banking on the growing global demand for nickel in the next few years to grow its revenue, given the increase in the use of the commodity for the production of batteries for electric vehicles. During the annual stockholders' meeting of NAC, chief finance officer Emmanuel Samson said the company was planning to increase its shipment volume for the year by 13 percent to 20 million wet metric tons (WMT) from last year's 17.7 million WMT to meet the rising demand for nickel. A shortfall in the supply of the commodity is seen in the next few years as analysts are projecting nickel demand to grow at the same rate as t...Keep on reading: Mining firm bullish on nickel prospects.....»»

Category: newsSource:  inquirerRelated NewsMay 28th, 2018

MiCab says it won’t impose surge pricing

By Denise A. Valdez NEWLY-ACCREDITED transportation network company (TNC) MiCab Systems Corp. said it will not charge booking fees or implement surge pricing, unlike other taxi-hailing companies. Eddie F. Ybañez, company chief executive officer and cofounder, said the MiCab application guarantees passengers will only have to pay fares according to the taxi meter, unlike other […] The post MiCab says it won’t impose surge pricing appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 6th, 2018

State Department report: EJKs still chief human rights concern in Philippines

The alleged cases of summary execution in President Rodrigo Duterte’s bloody drug war remains a major human rights concern in the Philippines, amid rising impunity following a dramatic surge in police killings, the US State Department said in its global rights report for 2017......»»

Category: newsSource:  philstarRelated NewsApr 21st, 2018

Aquino on Senate Dengvaxia report, LTFRB on Grab, White House on Mueller | Evening wRap

Today on Rappler: The camp of former president Benigno Aquino assures the public he will continue to face complaints against him over the Dengvaxia issue.  The Land Transportation Franchising and Regulatory Board orders Grab to lower its surge pricing cap during peak hours from 2 to only 1.5 times the normal fare.  Associate Justice Benjamin Caguioa says removing Chief Justice Maria ........»»

Category: newsSource:  rapplerRelated NewsApr 11th, 2018

Apex Mining earnings surge 33% to P429 million on record production

Apex Mining Co., Inc. (APX) reported that its 2017 consolidated net income went up by 33% to P429 million from P322 million in 2016, after reaching its highest metal annual production. In a disclosure to the stock market on Tuesday, Apex Mining president and chief executive officer Walter W. Brown said they are satisfied with […] The post Apex Mining earnings surge 33% to P429 million on record production appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsApr 10th, 2018

Trade dep’t sees 10-15% hike in manufacturing FDIs in 2018

By Janina C. Lim Reporter FOREIGN direct investments (FDIs) in Philippine manufacturing will grow by a “reasonable” 10-15% in 2018 as investors remain bullish on the economy’s prospects, though this year’s pace will be a marked slowdown from 2017’s surge, the Department of Trade and Industry (DTI) said on Wednesday. In a statement and a […] The post Trade dep’t sees 10-15% hike in manufacturing FDIs in 2018 appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMar 14th, 2018

Trade gap widens as imports surge

A sustained double-digit jump in imports and a continued decline in merchandise exports widened the trade deficit to a record-high $4.02 billion in December. Preliminary data released by the Philippine Statistics Authority Friday showed that the value of imported goods last December jumped 17.6 percent to $8.74 billion. On the other hand, exports of Philippine-made goods that month declined 4.9 percent to $4.72 billion. The total external trade in goods rose 8.6 percent to $13.46 billion in December last year. The country's chief economist, Socioeconomic Planning Secretary Ernesto M. Pernia, earlier said that the sustained wider trade in goods deficit was "not good, but trans...Keep on reading: Trade gap widens as imports surge.....»»

Category: newsSource:  inquirerRelated NewsFeb 10th, 2018

Sustained export surge seen

The Department of Trade and Industry is bullish that the country’s export performance will surpass, if not maintain its growth in 2018. Trade Secretary Ramon Lopez told reporters the increase in investments on manufacturing for exports of goods and services, growing factory capacity, and improving environment of the global market….....»»

Category: newsSource:  journalRelated NewsDec 28th, 2017

Lazada bullish on PH e-commerce market

ONLINE shopping platform Lazada is optimistic that the Philippines will be one of the top e-commerce countries in the world because of the huge number of Filipinos who actively use social media, a company executive said on Monday. Inanc Balci, Lazada co-founder and chief executive officer, said the local e-commerce industry has an advantage in [...] The post Lazada bullish on PH e-commerce market appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsNov 6th, 2017

Investors still bullish in Mindanao despite martial law, says DTI chief

Investors still bullish in Mindanao despite martial law, says DTI chief.....»»

Category: newsSource:  manilatimes_netRelated NewsJun 27th, 2017

Finance: AUB bullish on growth prospects

ASIA UNITED Bank Corp. (AUB) is bullish on its growth prospects for the next three years amid expectations of the country's positive economic growth, its chief executive said......»»

Category: financeSource:  bworldonlineRelated NewsJun 22nd, 2017

Businessmen bullish with economy surge for 2017

Businessmen bullish with economy surge for 2017.....»»

Category: newsSource:  davaotodayRelated NewsJan 4th, 2017

Gov't bullish on fiscal performance

THE GOVERNMENT is confident of at least closing in on its fiscal program for this year as spending ramps up, the country’s Budget chief said late last week......»»

Category: newsSource:  bworldonlineRelated NewsNov 27th, 2016

Front Page: Gov't bullish on fiscal performance

THE GOVERNMENT is confident of at least closing in on its fiscal program for this year as spending ramps up, the country's Budget chief said late last week......»»

Category: financeSource:  bworldonlineRelated NewsNov 27th, 2016

Ford luxury brand Lincoln considers China production as sales surge

Ford Motor Co's (F.N) luxury unit Lincoln is studying whether to produce cars locally in China, the brand's China chief said on Monday, as its sales surge in the world's largest auto market......»»

Category: newsSource:  mb.com.phRelated NewsOct 11th, 2016

City Sports chief bullish on Davao City hosting SEA Games

DAVAO CITY July 27 (PIA)- The newly-appointed City Sports Office chief is optimistic that the city can host the Southeast Asian Games in 2019. "We all know that through the leadership of sir Butch Ra.....»»

Category: newsSource:  philippinetimesRelated NewsJul 28th, 2016

Sereno says her priority is to urge unity for judicial independence

After the Supreme Court upheld its ruling on the government’s quo warranto petition against her, ousted Chief Justice Maria Lourdes Sereno said that she is focusing on fight for judicial independence......»»

Category: newsSource:  philstarRelated News10 min. ago

Panelo: Aquino indictment over DAP a  mere ‘consuelo de bobo’

  The case filed against former president Benigno S. Aquino III over the controversial Disbursement Acceleration Program (DAP) was a mere "consuelo de bobo indictment," President Rodrigo Duterte's chief lawyer saidon Friday.   Presidential Chief Legal Counsel Salvador Panelo issued the statement two days after the Ombudsman indicted Aquino for usurping Congress' budgetary powers when he approved DAP.   "While in the narrow sense the indictment of former President Benigno Aquino III is a welcome development or a push on [Duterte's] relentless campaign against graft and corruption, it must be noted however that charge is but a consuelo de bobo indictment,"...Keep on reading: Panelo: Aquino indictment over DAP a  mere ‘consuelo de bobo’.....»»

Category: newsSource:  inquirerRelated News1 hr. 35 min. ago