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

DOF makes investment pitch to Mexico firms

MANILA, Philippines — The Department of Finance (DOF) has invited Mexico-based technology and manufacturing firms to invest in the country and possibly make.....»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2018

Bulacan PNP traces extent of counterfeit operations

    GUIGUINTO, BULACAN---The Bulacan police started conducting mopping-up operations at the warehouse in Bulacan that was raided by the joint elements of the police and local government unit for allegedly manufacturing counterfeit cigarette products.   The police also started tracing the extent of the operation of the syndicate and apparently hoping to locate the supplier behind the illegal operations.   This development came after the municipal government ordered the shutdown of a warehouse compound, which was also caught storing fake cosmetic products last year.   A government teamon Thursday(Feb. 8) raided the property of Edward Wan...Keep on reading: Bulacan PNP traces extent of counterfeit operations.....»»

Category: newsSource:  inquirerRelated NewsFeb 9th, 2018

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

Oil firms to raise diesel prices, keep gasoline unchanged

OIL PRICE movements will be mixed this week, with gasoline staying unchanged while diesel and kerosene set to move in different directions. Diesel will be up by P0.40 per liter while kerosene will be down by P0.55 per liter, oil companies that sent their advisories on Monday afternoon said. The price changes reflect the movements […] The post Oil firms to raise diesel prices, keep gasoline unchanged appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated News2 hr. 40 min. ago

‘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 News17 hr. 41 min. ago

Oil firms primed to hike prices again

OIL companies are poised to implement another round of oil price hikes this week, according to oil industry insiders. The oil industry insiders claimed that there will be a P0.35 per liter increase in pump prices of diesel and a P0.10 per liter increase in pump prices of gasoline which….....»»

Category: newsSource:  journalRelated NewsMar 18th, 2018

SEC warns vs investing in Onecash, PBB150

THE Securities and Exchange Commission (SEC) has advised the public against investing in Onecash Trading and PBB150 Trading, saying the two firms are not registered with the commission. In an advisory posted to its website, the SEC warned the investing public against Onecash Trading, which claims to give as much as a 200% return of […] The post SEC warns vs investing in Onecash, PBB150 appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMar 16th, 2018

Steel Asia plans IPO

The country’s largest steel producer, Steel Asia Manufacturing Corp., plans to enter the local bourse in one to two years, its chairman and chief executive officer Benjamin Yao told reporters. Yao said the management is seriously looking at the company’s public listing within the period. “Down the road, yes,” he….....»»

Category: newsSource:  journalRelated NewsMar 15th, 2018

Steel Asia investing P25B for 3 mills

The country’s largest steel producer, Steel Asia Manufacturing Corp., is investing USD500 million, or about PHP25 billion, for three integrated steel facilities in Luzon and Visayas. In a media briefing Tuesday, Steel Asia Chairman and Chief Executive Officer Benjamin Yao said the investment is part of the PHP80-billion expansion plan….....»»

Category: newsSource:  journalRelated NewsMar 15th, 2018

Manufucturing attracts $1.15-B FDIs

The country’s manufacturing sector has attracted some USD1.15 billion foreign direct investments (FDIs) in 2017, Trade Secretary Ramon Lopez said. In a statement Wednesday, Lopez cited that the figure is part of the country’s record-high USD10.1 billion net FDI last year, a 21.4-percent increase from 2016’s net FDI of USD8.28….....»»

Category: newsSource:  journalRelated NewsMar 15th, 2018