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Chinese firms scout Philippine prospects in Cebu summit

MANILA, Philippines - More Chinese companies want to take part in the country’s growing economy as close to 100 investors will participate in the 12th ASEAN.....»»

Category: financeSource: philstar philstarApr 4th, 2017

Aboitiz, Lopez team up for construction deals in Visayas

The Aboitiz and Lopez groups, two of the country's largest conglomerates, have teamed up to scout for big-ticket construction projects in the Visayas. Aboitiz Construction Inc. and First Balfour, a unit of Lopez-led First Philippine Holdings, recently signed a memorandum of understanding (MOU) to explore potential project collaborations in the Visayas. The two construction firms have agreed to exclusively work together, combining their expertise and resources to pursue prospects in the Visayan region, and ultimately secure contracts for successful project execution. "This partnership guarantees resilience and competitiveness as both can leverage on respective strengths," Aboitiz...Keep on reading: Aboitiz, Lopez team up for construction deals in Visayas.....»»

Category: newsSource:  inquirerRelated NewsFeb 13th, 2018

HK mfg, fashion firms to scout Phl prospects

MANILA, Philippines - Hong Kong-based firms are arriving next month to explore business opportunities in the Philippines, the Philippine Chamber of Commerce.....»»

Category: financeSource:  philstarRelated NewsMar 18th, 2017

Japan, China firms eager to enter Phl

MANILA, Philippines - Japanese and Chinese companies are looking at investing and partnering with Philippine firms amid the bright prospects brought about by.....»»

Category: financeSource:  philstarRelated NewsFeb 22nd, 2017

China firms up $4.4-B iron, steel project as biggest investment in Philippines

The Philippine government signed a memorandum of understanding with Chinese companies for the joint implementation of the “Philippine Iron and Steel Project” in Misamis Oriental......»»

Category: newsSource:  philstarRelated NewsDec 14th, 2018

Ayala firms dominate bond market

Conglomerate Ayala Corp. has breached the P200-billion mark in the value of bonds listed on the local fixed-income trading platform, accounting for about a fifth of total bond listing in this market.   Recently, the Ayalas' banking arm Bank of the Philippine Islands listed P25 billion worth of bonds on the Philippine Dealing and Exchange Corp. (PDEx), bringing the total local peso bond market to the trillion-peso level.   "Ayala has been a beneficiary of the country's significant economic growth. This has served as a catalyst for us to unlock many opportunities and push us to develop new ideas to incubate new businesses, and to explore prospects for disruptive innov...Keep on reading: Ayala firms dominate bond market.....»»

Category: newsSource:  inquirerRelated NewsDec 12th, 2018

DTI & GO NEGOSYO PIONEER 1ST KMME SUMMIT 2018

Last 20 November, the Department of Trade and Industry (DTI) in partnership with the Philippine Center for Entrepreneurship – Go Negosyo gathered the mentee graduates, certified mentors and enablers in the 2018 Kapatid Mentor ME Summit held at the Waterfront Cebu City Hotel. KMME Summit was launched with the aim to delve into the inspiring […].....»»

Category: newsSource:  boholnewsdailyRelated NewsDec 6th, 2018

PSEi returns to 7,000; world markets rebound

THE stock market climbed back to the 7,000 level on Friday, with analysts pointing to bargain-hunting following Thursday’s rout and news that US President Donald Trump could meet with his Chinese counterpart, Xi Jingping, during next month’s G20 summit. The Philippine Stock Exchange index (PSEi) rose by 1.75 percent or 120.39 points to close at [...] The post PSEi returns to 7,000; world markets rebound appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsOct 12th, 2018

Prospects bright for e-commerce firms – Lopez

E-commerce firms can bank on the country’s strong economy to grow their business here, the Department of Trade and Industry (DTI) said Tuesday. “The robust Philippine economy under the Duterte administration leads to a growing middle class that has greater purchasing power,” Trade Secretary Ramon Lopez said in an emailed statement. Online shopping platforms can [...] The post Prospects bright for e-commerce firms – Lopez appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsOct 10th, 2018

‘Kuya J’ chain sees no letup in expansion

Fast-growing Filipino restaurant chain "Kuya J" expects to double its branch network to around 200 by 2020 as it opened the business to franchising via an innovative scheme that comes with in-house financing. Kuya J, which now has 106 branches, is the flagship brand under restaurant Kuya J Group Holdings Inc., which also owns and operates Isla Sugbu Seafood City, Tsay Cheng Chinese, Majestic and Grand Convention Centre of Cebu. Most recently, it signed a deal to be the Philippine master franchise holder of American fast-food chain Popeyes. The Kuya J brand alone has expanded by 100 stores in less than three years since the group of businessmen Lowell Yu and Winglip Chang took over ...Keep on reading: ‘Kuya J’ chain sees no letup in expansion.....»»

Category: newsSource:  inquirerRelated NewsSep 15th, 2018

CV LGUs hailed at 6th Regional Competitiveness Summit

CEBU, August 20 (PIA) -- Local Government Units (LGUs) in Central Visayas (CV) figured well during the 6th Regional Competitiveness Summit on August 16 at the Philippine International Convention Cente.....»»

Category: newsSource:  philippinetimesRelated NewsAug 20th, 2018

CV LGUs hailed at 6th Regional Competitiveness Summit

CEBU, August 20 (PIA) -- Local Government Units (LGUs) in Central Visayas (CV) figured well during the 6th Regional Competitiveness Summit on August 16 at the Philippine International Convention Cente.....»»

Category: newsSource:  manilanewsRelated NewsAug 20th, 2018

Chinese Tourists to Surge as Cebu-China Flights Up

Cebu’s local economy gets a big boost as local and foreign airlines mount more direct flights to China from Mactan-Cebu International Airport (MCIA) this quarter. Starting September 1, the Philippine Airlines (PAL) will double its Cebu-Beijing operations, currently served twice a week, until October 27 using an Airbus A321 aircraft. It has also opened its […].....»»

Category: newsSource:  metrocebuRelated NewsAug 15th, 2018

Patafa firms up talent pool

The Philippine Athletics Track and Field Association will pick 20 young prospects to train for six months initially for the 2019 Southeast Asian Youth Championships but also to eventually complement the national team’s talent base leading to next year’s SEA Games......»»

Category: newsSource:  philstarRelated NewsJul 29th, 2018

HK, PH firms sign transport, economic development pact

PHILIPPINE and Hong Kong companies signed a Cooperation Agreement on the rehabilitation management of the Pasig River, a metro rail system at the Makati Central Business District and, economic development in the Laguna de Bay area. This took place on the sidelines of the Belt and Road Summit organized by….....»»

Category: newsSource:  journalRelated NewsJul 7th, 2018

BoI: Chinese firms bullish on investing

Chinese companies remain upbeat about investing in the Philippines with a 30-man delegation recently in the country to scout for opportunities, the Board of Investments said on Friday. The Chinese delegation, led by Director Wang Kewen of the China Overseas Development Association (CODA), was said to be interested in the infrastructure, energy, industrial parks and [...] The post BoI: Chinese firms bullish on investing appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsMay 26th, 2018

Alejano: Why are firms blacklisted by World Bank in Marawi rehab?

An opposition lawmaker on Thursday slammed the inclusion of two Chinese firms in the consortium that would handle reconstruction efforts in a southern Philippine city ravaged by war a year ago......»»

Category: newsSource:  philstarRelated NewsMay 24th, 2018

Mass transit for Cebu: BRT or LRT?

Last week, National Economic Development Authority Secretary Ernesto Pernia held the Philippine Economic Briefing in Cebu and joined the debate on whether Cebu should have the Bus Rapid Transit favored by Mayor Tomas Osmeña or the Light Rail Transit proposed by the Chinese-Singaporean consortium to the tune of P155 billion......»»

Category: newsSource:  philstarRelated NewsApr 24th, 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

Less reliance on coal in power sector seen

CEBU CITY---The electricity industry is approaching the threshold of transition into the dominance of renewable energy resources, under which there is "not much need for many new plants" especially coal-fired ones, according to the top official of First Philippine Holdings Corp.   "There are many powerful vectors" converging to change the energy industry and provide an opportunity to leapfrog and build a power industry "that's truly for the 21st century," said Federico R. Lopez, FPHC chair and chief executive.   Lopez was speaking at the 2nd Philippine Environment Summit held here and which wrapped up on Thursday.   FPHC's subsidiaries and affiliates oper...Keep on reading: Less reliance on coal in power sector seen.....»»

Category: newsSource:  inquirerRelated NewsFeb 23rd, 2018

PH stocks seen to resume upswing, hit 9,100 in ’18

The Philippine Stock Exchange index will likely resume its upswing and reach a new high of 9,100 within this year as the country's macroeconomic fundamentals remained favorable, the chief strategist of BDO Unibank said. In a briefing with the Federation of Filipino-Chinese Chambers of Commerce and Industry on Wednesday night, BDO's Jonathan Ravelas said local equities would have room to gain this year on prospects of higher government spending. About 70 percent of incremental revenues to be generated by the government from the recent tax reform program are seen going to infrastructure spending. Last year, the PSEi advanced by 25 percent. This year, the index has pulled back from...Keep on reading: PH stocks seen to resume upswing, hit 9,100 in ’18.....»»

Category: newsSource:  inquirerRelated NewsFeb 22nd, 2018