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China, ASEAN to boost investment promotion

Nanning, China – China and members of the Association of Southeast Asian Nations (ASEAN), which includes the Philippines, are expected to enhance further the.....»»

Category: financeSource: philstar philstarSep 13th, 2017

Trade exec eyes more investments from China; leads PH delegation at 14th China-ASEAN Expo

&'160; Spearheading promotion efforts under the blooming economic relations with China, Department of Trade and Industry (DTI) Undersecretary for Trade and Investments Promotion Group Nora K. Terrado led the Philippine Delegation to the 14th China-ASEAN (CAEXPO) and 14th China-ASEAN Business and Investment Summit (CABIS) held from 12 to 15 September at the Nanning International Convention and Exhibition Center (NICEC) [&'].....»»

Category: newsSource:  boholnewsdailyRelated NewsSep 14th, 2017

Normin ECCP Biz Council rolls out 2018 draft calendar

The newly organized European Chamber of the Philippine Northern Mindanao Business Council (ECCP-NM) will be actively implementing a monthly activity in pursuit of its mandate to provide stronger support for existing European businesses in Northern Mindanao and boost the promotion of local businesses in ASEAN countries and Europe......»»

Category: newsSource:  kagay_anRelated NewsApr 4th, 2018

Strengthened Ties of Cebu, Shanghai Seen to Boost Province’s Tourism

A top official of an international trade body of Shanghai, China believes that strengthening the ties between his country and the Philippines will largely benefit the tourism industry of Cebu. Yang Jianrong, head of the China Council for the Promotion of International Trade, said Chinese tourists spend more during their travel abroad compared to other nationals […].....»»

Category: newsSource:  metrocebuRelated NewsMar 31st, 2018

ASEAN urges South China Sea calm, backs sanctions vs North Korea

SYDNEY – The Association of Southeast Asian Nations (ASEAN) and its neighbor Australia vowed to boost defense ties while stressing the importance of non-mili.....»»

Category: newsSource:  philstarRelated NewsMar 19th, 2018

ASEAN leaders tackle Rohingya crisis, urge South China Sea calm

SYDNEY, Australia – Australia and its ASEAN neighbors vowed to boost defense ties while stressing the importance of non-militarization in the disputed South China Sea Sunday, March 18 at a summit where the "complex" Rohingya crisis took center stage. Leaders from the Association of Southeast Asian Nations (ASEAN), ........»»

Category: newsSource:  rapplerRelated NewsMar 18th, 2018

Nissan to invest $9.5B in China to drive sales

BEIJING: Japanese automaker Nissan Motor and its Chinese joint-venture partner announced on Monday a $9.5-billion investment plan in China to increase annual sales by one million vehicles and boost electric car production. The Dongfeng Motor Co. is the latest Sino-foreign car company to splash out as China rolls out new regulations to limit gas vehicles [...] The post Nissan to invest $9.5B in China to drive sales appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsFeb 5th, 2018

‘Grand Deception’ by Jun Ledesma

Letters From Davao: WHEN RAPPLER through its President, Maria Ressa, was caught trifling with an important tenet in the Philippine constitution that mandates that Philippine media should be 100% owned by Filipinos the Securities and Exchange Commission ordered it closed. Rappler was parading like it is wholly owned by Filipinos but turned out it accepted investment from Omidyar Network (ON) which is known for its notoriety in destabilizing heads of state that are not docile to America. It tried deception by claiming that the Philippine Deposit Receipts it issued to ON money was for philanthropic contribution. The attempt dragged them deeper in shit as PDRs are actually commercial instruments. When this trick did not work, Ressa again tried another act this time claiming that Omidyar signed a waiver on its veto power. Again this did not pass scrutiny of the SEC because the said waiver was discovered to be just a scrap of paper as the document was not notarized.  Running out of deceptive tricks Ma. Ressa went berserk when she was served the closure order and went about town crying her freedom is being curtailed by Pres. Rodrigo Duterte no less. Her partner Pia Ranada did the same screaming she will be jailed by Duterte’s military. The grandstanding, it was obvious, was to stonewall the criminal violation they committed and to paint Rappler and its staff headed by Ressa as victims of oppression and dictatorial regime of Duterte. Contrary to its claim that they have lost their freedom of expression, more than ever Rappler had increased the crescendo of its unfettered attack on no less than the President Duterte himself. Ressa spearheaded a Black Friday movement supported by a handful of students from where else by the University of the Philippines campus and the usual garrulous but moribund Liberal Party stalwarts headed by VP Leni Robredo. They were joined in by UN Rapporteur Agnes Callamard and her local counterpart Chito Gascon in denouncing the Duterte government for curtailing the freedom of the press. Other foreign-funded media outfits joined the fray for obvious reason.  Theirs is a cacophony of ridiculous chants. Robredo warned that the closure of Rappler is a symptom of a dark future of the country. The juvenile delinquents in the UP campus joined pipsqueak assemblies with screaming placards denouncing Pres. Duterte and his “malignant forces that continue to peddle lies to justify their tyranny and dictatorship”.  They cut classes to face the TV cameras and klieg lights unmindful of yet another spectacular grade the survey firms Social Weather Station and Pulse Asia showing an “excellent” grade on the sustained trust and popularity of the nation on Duterte which they had been flagellating no end.  No one seems to mind their issue about tyranny and dictatorship as the World Bank grudgingly declared that “DDS killed democracy in the Philippines but they haven’t killed the country’s vibrant economy”.  Forbes, an international business magazine, likewise quoted WB on its Global Economic Prospects, which asserts that “Duterte Philippines is the 10th fastest growing economy in the world”.  The statistics is a slap on the face of VP Robredo who remains to be an incurable pessimist despite the figures that cannot lie. She continues to see the future of the Philippines in dark glasses forgetting that she is a Vice President and therefore should have celebrated with the rest for the gains that the country achieved. For her part, Maria Ressa simply ignored what Forbes and WB declared.  Maybe out of outrage that the Robredo seemed to be out of sync and blinded by sheer politicking and negativism, UP Political Science professor and political analyst, Clarita Carlos,  made a five-worded message to The Vice President thus: “President Duterte moves the Philippines forward”. To those who denigrate Duterte from cutting the country’s umbilical cord to America, Professor Carlos had this to say. “Duterte has moved the Philippines away from the usual foreign policy and in turn ‘defined national interest’ by tracking his own way of foreign policy”. She admired Duterte for his political guts and courage.  It is indeed pathetic that while the Philippines rise several notches higher in political and economic arena the opposition and the foreign-aided media outfits shamelessly continue to belittle these achievements. It is no small feat that Philippines came out stronger in economic growth than China in the 3rd quarter of 2017. On the 4th quarter moreover China rallied (6.9%) and landed on top of Asian countries followed by Vietnam (6.8) and Philippines 6.7%. The Philippines however has been growing more than 6% for nine consecutive quarters and that sustained growth is best among Asean nations. Any which way you look at it, that spells economic stability and investment grade for investors service firms like Moody’s and other international credit rating institutions. Cause and effect is a simple gauge to measure the impact of the tyranny and dictatorial regime that Rappler and its sympathizers have been accusing the Duterte regime. But as I always say, no one can quarrel with success especially when institutions of unquestionable stature put the positive figures across. Expect the economy to grow even faster in 2018 when infrastructure spending commences under the Duterte’s Build, Build, Build program. As we all know, the government had earmarked P8.4-trillion to achieve the mega infrastructure projects comprising of railways, highways and bridges, irrigation’s, airports and seaports to name a few. The job opportunities that these programs will generate are equally mind-boggling. […].....»»

Category: newsSource:  mindanaoexaminerRelated NewsFeb 1st, 2018

Southeast Asia-focused China fund raising up to $3 billion for Silk Road projects

HONG KONG — A quasi-sovereign Chinese fund focused on Southeast Asia is targeting raising up to $3 billion in a new dollar fund, adding to its firepower for planned investments under Beijing’s “Belt and Road” initiative, people close to the matter said. The China-ASEAN Investment Cooperation Fund (CAF), backed by the Export-Import Bank of China, […] The post Southeast Asia-focused China fund raising up to $3 billion for Silk Road projects appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsJan 23rd, 2018

SE Asian businesses eye tech role in SME boost

By Krista A. M. Montealegre National Correspondent AS SOUTHEAST ASIA looks to the next half decade, technology will play a pivotal role in unlocking the economic potential of small and medium enterprises (SME), serving as catalysts for unparalleled growth and development in the region. At the conclusion of the three-day ASEAN Business and Investment Summit […] The post SE Asian businesses eye tech role in SME boost appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsNov 14th, 2017

Japan reaches out to ASEAN startups

MANILA, Philippines – Japan is playing catch-up in the vibrant and growing startup community in Southeast Asia, after another Asian giant, China, has been leading in funding and engaging with technology-based firms in the region. In the past two years, the share of Japanese venture investment into member countries of the ........»»

Category: newsSource:  rapplerRelated NewsNov 13th, 2017

Boost for migrant workers protection

LEADERS of the Association of Southeast Asian Nations (ASEAN) sign today the ASEAN Consensus on the Protection and Promotion of the Rights of Migrant Workers during the ASEAN Summit in Manila. This landmark document, initiated by the Philippines a decade ago, further seeks to strengthen social protection, access to justice,….....»»

Category: newsSource:  journalRelated NewsNov 13th, 2017

Leaders Converge at the ASEAN+6 Construction Forum 2017

  The Department of Trade and Industry, through the Construction Industry Authority of the Philippines – Philippine Overseas Construction Board (CIAP-POCB) converges with the ASEAN Committee on Business and Investment Promotion (CBIP) of the ASEAN National Organizing Council to gather local and foreign construction industry key players at the first ever ASEAN+6 Construction Forum in […].....»»

Category: newsSource:  boholnewsdailyRelated NewsNov 2nd, 2017

PH endorses Hong Kong’s FTA with ASEAN

HONG KONG—A free trade agreement between ASEAN and Hong Kong will reinforce the latter’s role as the premier gateway into and out of Mainland China, boosting trade and investment across Asia and the world including ASEAN. A day after announcing the signing of the ASEAN-Hong Kong Free Trade Agreement (AHKFTA) in November in Manila, ASEAN [&'].....»»

Category: newsSource:  boholnewsdailyRelated NewsJul 15th, 2017

Philippines, ASEAN states warned vs investment deals with China

NEW DELHI – Member-countries of the Association of Southeast Asian Nations (ASEAN), especially the Philippines, should be cautious when entering into massive.....»»

Category: newsSource:  philstarRelated NewsJul 13th, 2017

Philippines, Asean states warned vs investment deals with China

NEW DELHI – Member-countries of the Association of Southeast Asian Nations (ASEAN), especially the Philippines, should be cautious when entering into massive.....»»

Category: newsSource:  philstarRelated NewsJul 12th, 2017

Economic Partnership with China firms up with arrival of ASEAN China Center (ACC) delegates

Manila, Phl – 23 May 2017 – 16 Delegates from ASEAN China Center (ACC) arrived for a two-day briefing on trade and investment expected to bolster cooperation between the two countries. Led by the Department of Trade and Industry, officials from the Export Marketing Bureau (EMB), Board of Investments (BOI), and Philippine Economic Zone Authority [&'].....»»

Category: newsSource:  boholnewsdailyRelated NewsMay 25th, 2017

DTI bares year-long plans as chair of ASEAN’s business and investment promotion committee

Sec. Lopez expressed confidence on ASEAN as an economic powerhouse, citing that the region is now the third largest market in the world with over 620 million people, the third largest economy in Asia, and the seventh largest economy in the world......»»

Category: newsSource:  samarnewsRelated NewsMar 9th, 2017

PH CHAMPIONS MSMES, YOUTH AND WOMEN ENTREPRENEURSHIP FOR ASEAN 2017 BUSINESS AND INVESTMENT PROGRAM

&'160; Philippines, through the Department of Trade and Industry, unveils business programs that champion the promotion of micro, small and medium enterprises (MSMEs), youth and women entrepreneurship at the ASEAN 2017 Business and Investment Program (ABIP) Launch at the at the Rizal Ceremonial Hall in Malacañang last month. The development of MSMEs is among the [&'].....»»

Category: newsSource:  boholnewsdailyRelated NewsFeb 16th, 2017

Investment agencies reaffirm pledge to boost Philippine competitiveness

MANILA, Philippines – The investment promotion units (IPUs) of 28 government agencies have reaffirmed their commitment to further promote the Philippines as.....»»

Category: financeSource:  philstarRelated NewsDec 22nd, 2016

BOI expects boost from new China pledges

MANILA, Philippines – The Board of Investments (BOI) expects its approved investment pledges to swell next year on the entry of more Chinese investors to the.....»»

Category: financeSource:  philstarRelated NewsNov 20th, 2016