More manufacturing firms to locate in Phl

MANILA, Philippines - More manufacturing companies, particularly in the automotive sector, are relocating some of their Chinese operations back to the Philip.....»»

Category: financeSource: philstar philstarMar 26th, 2017

Peza: Backlog in development projects amid slow Malacañang approval process

The year has passed but more than P72 billion worth of investments to develop new economic zones still could not begin construction, a delay caused by the slow approval process inMalacaang.   As of December29, there are 42 development projects that were still languishing in Malacaang's backlog, five of which were projects to put up manufacturing zones during the Aquino administration, according to thePhilippine Economic Zone Authority (Peza).   Without a presidential proclamation, a project to develop an economic zone is put on hold. This also delays the investments of Peza-registered companies that are supposed to locate in that particular ecozone.   Of ...Keep on reading: Peza: Backlog in development projects amid slow Malacañang approval process.....»»

Category: newsSource:  inquirerRelated NewsJan 3rd, 2018

Office take-up boosted by gaming firms

Office take-up by the online gaming industry will remain robust in 2018 and demand will likely lead to firms choosing to locate in other parts of Metro Manila, a property brokerage services firm said. In a briefing earlier this month, Leechiu Property Consultants President David Leechiu said that online gaming firms had accounted for 32 [...] The post Office take-up boosted by gaming firms appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsDec 26th, 2017

DTI: Chinese firms eyeing PH ventures

Two Chinese companies have offered to invest some $4.5 billion in the country, the Trade department said. The firms were identified as Huili Investment Fund Management Co., Ltd. and Yi Ding Tai International Corporation, which plan to invest in iron and steel manufacturing and shipbuilding. “This is one of several investment proposals we have received [...] The post DTI: Chinese firms eyeing PH ventures appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsOct 23rd, 2017

US firms mull expansion, relocation of manufacturing to Philippines

MANILA, Philippines — Several US-based companies are looking to relocate and expand their manufacturing facilities in the country as the trade department con.....»»

Category: financeSource:  philstarRelated NewsSep 18th, 2017

PEZA agrees to compromise on hosting online gambling

MANILA, Philippines - The Philippine Economic Zone Authority is not closing its doors completely to online gambling firms wanting to locate in PEZA-accredite.....»»

Category: financeSource:  philstarRelated NewsJun 12th, 2017

Tax perks set for firms going green

MANILA, Philippines - The Board of Investments (BOI) plans to hand out financial incentives to manufacturing companies that will promote energy efficiency an.....»»

Category: financeSource:  philstarRelated NewsMay 11th, 2017

Factory output grows at slower pace in January

MANILA, Philippines -  Domestic manufacturing grew at a slower pace in January as firms remained cautious on rising prices of oil and raw materials as well a.....»»

Category: financeSource:  philstarRelated NewsMar 10th, 2017

BOI strengthens support for SMEs growth, approves investment projects of small firms

&'160; The Philippine Board of Investments (BOI) is further strengthening its support for the growth and development of small and medium enterprises (SMEs) as it recently approved the application for registration of investment projects of small enterprises—Sooraj Garments Manufacturing Inc. and Hardware Labs Performance Systems Inc. The mentioned projects were the first two SME investment [&'].....»»

Category: newsSource:  boholnewsdailyRelated NewsJan 12th, 2017

Factory output further slows in Dec

MANILA, Philippines – Manufacturing output further slowed in December as rising output backlog and input costs prevented firms from fulfilling new orders, ac.....»»

Category: financeSource:  philstarRelated NewsJan 2nd, 2017

Workers’ group warns of unsafe firecrackers

MANILA, Philippines – With the closure of firecracker manufacturing firms in Bulacan, a workers’ group yesterday warned of the possible proliferation of unsa.....»»

Category: newsSource:  philstarRelated NewsNov 27th, 2016

SP HIGHLIGHTS: Industrial Economic Zone

World-class and self-reliant cities across the country and the world have at least one or two manufacturing firms to boost their economy and provide employment opportunities to thousands of their constituents. Compared to other industries, manufacturing p.....»»

Category: newsSource:  bicolmailRelated NewsOct 13th, 2016

MPIC targets to acquire at least 2 more logistics companies

INFRASTRUCTURE conglomerate Metro Pacific Investments Corp. (MPIC) is strengthening its logistics business with plans to acquire two to three logistics firms in the coming years. “Two or three siguro (maybe), around the burner. (This year), most likely one siguro (maybe),” MPIC Chairman Manuel V. Pangilinan told reporters after the press launch for PayMaya Philippines’ partnership […] The post MPIC targets to acquire at least 2 more logistics companies appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated News54 min. ago

NPA attacks on banana plantations in Davao worry biz sector

DAVAO CITY (MindaNews / 18 January) – The city’s business sector expressed alarm over the attacks launched by the New People’s Army (NPA) against banana firms in Barangay Tamayong, Calinan District on January 13. Davao City Chamber of Commerce and Industry president Arturo Milan said the security situation remains a concern, citing the recent attack […].....»»

Category: newsSource:  mindanewsRelated News8 hr. 6 min. ago

P30.45B collected from GOCCs – DoF

Dividends collected from government-owned and -controlled corporations (GOCCs) rose by nearly 10 percent last year, the Finance department reported on Monday. In a statement, the department said state-owned firms remitted P30.45 billion in 2017, 9.8 percent higher than the previous year’s P27.73 billion. The tally would have been a higher P36.45 billion had Land Bank [...] The post P30.45B collected from GOCCs – DoF appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsJan 15th, 2018

Fuel prices to rise on Tuesday, Jan. 16

Oil firms will raise pump prices for diesel and kerosene for the fifth week in a row on Tuesday, Jan. 16, due to the usual movements in international prices and the new tax regime took effect. Prices of gasoline will also go up after showing no changes last week. Starting at 6 a.m., the price of diesel will go up by 55 centavos per liter while the price of gasoline will rise by 80 centavos per liter. As of posting time, those that announced price changes included Petron Corp., Pilipinas Shell Petroleum Corp., PTT Philippines Corp., Eastern Petroleum Corp., Flying V, Seaoil Philippines Inc., Phoenix Petroleum Philippines Inc., and Total Philippines Corp. Petron, Shell, Fly...Keep on reading: Fuel prices to rise on Tuesday, Jan. 16.....»»

Category: newsSource:  inquirerRelated NewsJan 15th, 2018

TRAIN implementation won’t significantly impact MVP firms

MANILA, Philippines — Businessman Manuel V......»»

Category: financeSource:  philstarRelated NewsJan 14th, 2018

Andanar: Firms from Japan, Taiwan also interested in being third telco player

Andanar: Firms from Japan, Taiwan also interested in being third telco player.....»»

Category: newsSource:  philstarRelated NewsJan 14th, 2018

BOI prepares additional incentives for firms investing in Marawi

MANILA, Philippines - The Board of Investments (BOI) plans to extend additional incentives to companies looking to invest in Marawi and nearby towns to jumps.....»»

Category: financeSource:  philstarRelated NewsJan 13th, 2018

‘Do all things with love’

By: Ancel Marie B. Mondia JOSE ROY Santos Jr., 21, of Iloilo City, is a public speaker, a student leader, and an Outstanding Boy Scout of the Philippines and is now a Certified Public Accountant working for one of the biggest international accounting firms, KPMG RG Manabat & Co. Santos comes from a poor family but […] The post ‘Do all things with love’ appeared first on The Daily Guardian......»»

Category: newsSource:  thedailyguardianRelated NewsJan 12th, 2018

Henry Sy, Jr. forays into cement business

By Krista A. M. Montealegre, National Correspondent COMPETITION in the cement industry is heating up with the entry of a start-up backed by the son of the country’s richest man Henry T. Sy, Sr., promising a revolutionary manufacturing process that will produce the world’s “strongest and greenest” cement. Chaired by Mr. Henry “Big Boy” T. […] The post Henry Sy, Jr. forays into cement business appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsJan 12th, 2018