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PH may attract RE investments of $20b

The Philippines could attract $20 billion of renewable energy investments over the next decade through the use of auctions in and beyond the Energy Department’s proposed Green Energy Tariff Program......»»

Category: financeSource: thestandard thestandardFeb 14th, 2020

Low FDI, ODA stall construction growth in Philippines

The failure of the Philippines to attract enough foreign direct investments and official development assistance funds due to regulatory risks and incentives rationalization poses risks to the strong growth of the country’s construction sector, according to the research unit of Fitch Group......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2020

PEZA: Canadian, US firms eyeing investments here

The Philippine Economic Zone Authority has never failed to actively invite and attract foreign direct investors to the country and promote the benefits of investing in the Philippines, PEZA director general Charito Plaza......»»

Category: financeSource:  thestandardRelated NewsDec 13th, 2019

Philippines still getting good investments under Duterte — Palace

Malacañang yesterday dismissed as “wishful thinking” a London-based think tank’s report that the Philippines would attract investors if Vice President Leni Robredo takes over as president......»»

Category: newsSource:  philstarRelated NewsNov 17th, 2019

Improved Philippines ranking in ease of doing business a boon to hotel investments

The Philippines can attract more hospitality players to invest into the country with the improvement in its ease of doing business ranking, a property services firm said......»»

Category: financeSource:  philstarRelated NewsOct 28th, 2019

Foreign chambers laud changes to Foreign Investments Act

Foreign business groups in the country welcomed the recent approval of amendments to the Foreign Investments Act at the House of Representatives, saying these would enable the Philippines to attract more investments......»»

Category: newsSource:  philstarRelated NewsSep 12th, 2019

Private airports and government airport authorities

As argued in previous columns, I advocate integrated Public–Private Partnership (PPP) -- construction then Operations and Maintenance (O&M) all done and financed by one private entity -- and not hybrid PPP -- construction via foreign loan or national budget, O&M by local private entity. I like the development in some provincial airports that become bigger, more modern international airports, privately owned and managed, and helping attract more foreign tourism, investments and commerce......»»

Category: newsSource:  bworldonlineRelated NewsJul 10th, 2019

Gov. Uy says ComVal name change to Davao de Oro would attract more investments

PRESIDENT RODRIGO R. Duterte has signed Republic Act No. 11297, the law renaming the province of Compostela Valley (ComVal) into Davao de Oro......»»

Category: financeSource:  bworldonlineRelated NewsMay 23rd, 2019

Gov’t lauds survey, vows more jobs for Filipinos

The government has vowed to generate more jobs for Filipinos after welcoming a survey showed a decline in the country’s joblessness rate last March. To help Filipinos land employment, presidential spokesman Salvador Panelo said the administration would continue to attract job-generating foreign investments and promote good governance. Panelo acknowledged that President Duterte considers labor as […].....»»

Category: newsSource:  tempoRelated NewsMay 8th, 2019

BSP allows foreigners as bank directors, officers

The Bangko Sentral ng Pilipinas (BSP) is now allowing the election and hiring of foreigners as directors and officers of financial institutions to support the easing of doing business in the country and attract more investments......»»

Category: financeSource:  philstarRelated NewsApr 28th, 2019

Phl to continue to attract FDIs, enjoy strong growth – HSBC

MANILA, Philippines - The Philippines will continue to attract foreign direct investments and enjoy strong growth despite the anti-drug war of President Dute.....»»

Category: financeSource:  philstarRelated NewsJan 18th, 2017

How to attract prosperity in the year of the Red Fire Rooster

CHINESE New Year 2017 will mark the beginning of the Year of the Red Fire Rooster, predicted to be a year of luxury, beauty, and abundance. Geomancers or feng shui practitioners likewise reveal that this year will be beneficial to career and financial investments......»»

Category: newsSource:  tempoRelated NewsJan 16th, 2017

Chinese football: action planned on 'irrational' salaries

BEIJING (AP) — China's football association said Monday it plans a series of measures in response to 'irrational' spending by clubs on transfer fees and player salaries, amid concerns that foreign stars are crowding out local talent and harming the country's goal of becoming a global force in world football. The Chinese Football Association said in a statement Monday that the unidentified steps would target the 'operations and management' of teams in the top-tier China Super League and the China Premier League one step below it. The new measures will address 'recent irrational investments by clubs, high-figure transfer fees and salaries paid to domestic and international athletes and other issues,' the CFA said in a news release. Gaudy spending by Chinese clubs on players such as Argentina's Carlos Tevez has drawn global attention, raising fears among some that foreign stars are depriving local players of opportunities to grow. That could stifle the government's attempts to produce talent capable of achieving its stated goal of winning the World Cup by 2050, part of Chinese President Xi Jinping's push to make football success a national priority. Even in that endeavor, China is relying heavily on foreign talent, having hired veteran Italian coach Marcello Lippi to helm the men's national team. Other rules announced by the CFA appeared firmly aimed at addressing the lack of opportunities for Chinese players. They reduce the number of foreign club players who can appear at any given time from four to three and state that each team's starting list must include at least two Chinese players under age 23. Despite misgivings, Chinese clubs have continued to spend heavily over the past year to attract mainly South American stars. Apart from Tevez, whom Shanghai Shenhua said it paid an $11 million transfer fee to Argentine club Boca Juniors to acquire, they include Oscar, purchased from Chelsea, Brazilians Hulk, Ramires, Alex Teixeira and Paulinho, Colombian striker Jackson Martinez and Argentine forward Ezequiel Lavezzi. Altogether, Chinese Super League clubs splashed out close to $300 million in the winter transfer window on big names. .....»»

Category: sportsSource:  abscbnRelated NewsJan 16th, 2017

Philippines eyes investments in advanced technologies

MANILA, Philippines - The Philippines wants to attract more investments in advanced technologies within the medium term in line with plans to eventually turn.....»»

Category: financeSource:  philstarRelated NewsNov 17th, 2016

Worried foreign businesses told to go

President Duterte yesterday urged foreign businesses in the Philippines worried about his deadly drug war to “pack up and leave’’ as he launched another anti-American tirade before flying to Japan to attract investments......»»

Category: newsSource:  tempoRelated NewsOct 25th, 2016

Negros Occ biomass power plants attract $161-M foreign investments

MANILA, Philippines - Partners Bronzeoak Philippines Inc......»»

Category: financeSource:  philstarRelated NewsAug 19th, 2016

More US investors drawn to infrastructure – Cuisia

MANILA, Philippines - The Philippines is looking to attract more American investments than its regional counterparts as the new administration heightens its.....»»

Category: financeSource:  philstarRelated NewsAug 1st, 2016

Duterte: economic restrictions needed to lure investors. jobs

TAGBILARAN CITY, July 26 (PIA)&''President Rodrigo Duterte's administration hints economic restrictions to attract more investments as he lays out the country's job generation policy, insisting local government units to keep up and open its doors to more .....»»

Category: newsSource:  boholnewsdailyRelated NewsJul 28th, 2016

E. Visayas dev& rsquo;t body to spur investments

The House of Representatives’ committee on government enterprises and privatization has approved a proposed measure to create the Eastern Visayas Development Authority to spur investment promotion and implement economic development strategies in Region 8......»»

Category: newsSource:  thestandardRelated NewsFeb 23rd, 2020

Philippine Statistics Authority: 23.1% drop in foreign investment pledges for CV in 2019

CEBU CITY, Philippines — Pledges from foreign investors for Central Visayas dropped by 23.1 percent in 2019, recent figures from the government showed.  This as the Philippines posted a record-breaking P390.1 billion worth of approved foreign investments (FI) for the entire 2019, accounting for an increase of 112.8 percent.  Figures from the Philippine Statistics Authority […] The post Philippine Statistics Authority: 23.1% drop in foreign investment pledges for CV in 2019 appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsFeb 22nd, 2020

Foreign investments rise to P390B

Foreign investments approved by the government’s seven investment promotion agencies climbed 112.8 percent in 2019 to P390.11 billion from P183.35 billion in 2018, according to the Philippine Statistics Authority......»»

Category: financeSource:  thestandardRelated NewsFeb 21st, 2020