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SEC cracks whip on bogus Ayala firms

A group posing as part of the Ayala Group and soliciting investments from the public has been ordered to stop its fraudulent operations by the Securities and Exchange Commission......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

The country is gearing up for more investments

As I have repeatedly said on several occasions, the unprecedented interest in the Philippines has grown exponentially, particularly from the Western world, ever since Ferdinand Marcos Jr. became president......»»

Category: newsSource:  philstarRelated NewsFeb 24th, 2024

EDITORIAL - Economic initiatives

While the two chambers of Congress duke it out over Charter change ostensibly to attract more foreign investments, local businessmen have listed 12 initiatives that they say can strengthen the economy......»»

Category: newsSource:  philstarRelated NewsFeb 23rd, 2024

Metro Pacific exploring purchase of Ayala Corp.’s LRT-1 stake

Back in mid-January, news broke that Ayala Corp. was looking to sell its 35% stake in Light Rail Manila Corp. to the Villar Group, but that AC’s co-investor, Metro Pacific Investments, had the right of first refusal under its shareholders agreement......»»

Category: financeSource:  philstarRelated NewsFeb 22nd, 2024

Marcos Jr. : New Clark City access road a ‘red carpet’

The government will build more world-class infrastructure in other growth areas in the country to maximize their potential and attract investments, President Marcos pledged on Wednesday as he led the inspection of the 19.81-kilometer Airport to New Clark City Access Road in Mabalacat, Pampanga.?.....»»

Category: newsSource:  philstarRelated NewsFeb 21st, 2024

ALI spending P100 billion for projects this year

Ayala Land Inc, the listed property giant of the Ayala Group, is ramping up its investments this year with capital spending returning to pre-pandemic level......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024

MPIC likely to pass up on subway bidding

The Metro Pacific Investments Corp. plans to pass up on the opportunity to manage the Metro Manila Subway Project (MMSP), the first underground railway in the Philippines being built by the government......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024

Inflation: A Beginner’s Guide

Inflation is a concept that greatly affects everyone’s daily lives, yet many still find it somewhat confusing to understand. Simply put, you can think of inflation as this: As prices rise over time, the purchasing power of money decreases. This will greatly impact your savings plans, investments, and your overall financial stability. However, there is […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 21st, 2024

DTI says Marcos overseas trips starting to yield results  amid growing foreign investments

President Ferdinand Marcos Jr.’s pitches to world leaders during his overseas trips have started to bear fruit, according to the Department of Trade and Industry......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

MPIC to pursue buyout of Ayala stake in LRT-1

Metro Pacific Investments Corp. plans to buy out the 35 percent stake of the Ayalas in the operator of Light Rail Transit Line 1 to beef up MPIC’s portfolio for its eventual bid for other railways......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

SMIC eyes 60 new Goldilocks stores

SM Investments Corp. is poised to put up more Goldilocks stores nationwide this year to bring its total store count to 986 by yearend......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

Rate cuts to help investments regain momentum – economist

The country’s investment climate will likely regain its momentum once policy rates here and abroad start to normalize in the second half of the year, coupled with economic reforms meant to attract foreign capital......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

GSIS income surges to P113 billion in 2023

The earnings of state-run Government Service Insurance System jumped by 70 percent to P113.3 billion in 2023 from P66.4 billion in 2022 on the back of strong revenues from financial assets and investments......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

Eased forex rules to take effect this year

The Bangko Sentral ng Pilipinas is expected to release its final circular on eased foreign exchange rules this year to attract more foreign investments into the country, a Monetary Board member said yesterday......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

Government to pitch Clark as new aviation hub

The Philippines will pitch Clark International Airport as the next Asian hub for aerospace investments in one of the largest aviation events this year......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

NAIA project eyed to jumpstart P40 billion Maharlika investments

The Maharlika Investment Corp. is setting its sights on the recently awarded Ninoy Aquino International Airport rehabilitation as one of about 10 projects where it intends to invest the MIC’s P40-billion funding this year......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

Indonesia s Prabowo Likely to Keep Close Ties With China

Taipei, Taiwan - Defense Minister Prabowo Subianto, once a fierce critic of China, has emerged as the likely winner of Indonesia's presidential election. His presumed victory, analysts say, is unlikely to lead to any major shifts in the Southeast Asian nation's relations with Beijing.However, concerns about work safety and environmental pollution linked to Chinese investments, as well as Beijing's claims in the.....»»

Category: sportsSource:  abscbnRelated NewsFeb 18th, 2024

Indonesia s Prabowo Likely to Keep Close Ties With China

Taipei, Taiwan - Defense Minister Prabowo Subianto, once a fierce critic of China, has emerged as the likely winner of Indonesia's presidential election. His presumed victory, analysts say, is unlikely to lead to any major shifts in the Southeast Asian nation's relations with Beijing.However, concerns about work safety and environmental pollution linked to Chinese investments, as well as Beijing's claims in the.....»»

Category: newsSource:  inquirerRelated NewsFeb 17th, 2024

Donny Pangilinan proud of investments at 26

He believes that the biggest investment one can have is investing in one's self......»»

Category: entertainmentSource:  philstarRelated NewsFeb 16th, 2024

Enrique Gil shares businesses, investments built during peaceful showbiz hiatus

Enrique Gil shared the things he did during the pandemic and his time away from the entertainment limelight......»»

Category: entertainmentSource:  philstarRelated NewsFeb 14th, 2024