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SEC warns public vs fake Aboitiz entity
The Securities and Exchange Commission (SEC) has warned against a fake Aboitiz entity that is seeking investments from the public with a promise of high monetary rewards......»»
Belle cuts number of directors
Belle Corp., one of the portfolio investments of the Sy family’s SM Investments Corp., is streamlining its operations by decreasing the number of directors......»»
Qatar investors eye Philippines dairy, cooling sectors
Companies engaged in dairy production and providing district cooling systems in Qatar are interested in making investments in the Philippines, according to the Department of Trade and Industry......»»
How it all began
He’s a courtside fixture at nearly every PBA game and during warmups before a game, players walk towards him, take his hand and put it on their foreheads as a gesture of respect and nod their heads in appreciation for what he does for them. Danny Espiritu, 76, is the consummate sports agent and for 35 years, has been the model in representing players as their adviser in negotiating contracts, setting career paths, growing investments and even, helping out in family affairs......»»
Subic sees more investment incentives under CREATE Act
Investor companies located in this free port zone are expected to benefit from more tax perks as the government seeks to rationalize taxes and attract more investments under Republic Act No. 11534, or the Corporate Recovery and Tax Incentives for Enterprises Act......»»
Goldilocks rolling out 30 franchise-owned stores
Goldilocks Bakeshop Inc., part of the SM group’s portfolio investments, is rolling out an additional 30 franchise-owned stores this year as it continues to drive expansion through partnerships......»»
Philippines FDI net inflows grow by 29.3 pct in February
MANILA, May 10 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines grew year-on-year by 29.3 percent in February to reach 1.4 billion U.S. dollars, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) attributed the surge in FDI inflows in February to the 927.3 percent expansion in nonresidents' net investments in equity capital, excluding reinvestment of earning.....»»
Marcos hopes for Philippines-EU FTA by 2027
President Marcos is hoping to conclude negotiations for a free trade agreement between the Philippines and the European Union by 2027 that is seen to further boost trade and investments between the country and the EU......»»
When China’s Digital Silk Road meets Philippines’ digital transformation
As the Philippines pursues digital transformation under President Marcos Jr., concerns arise over potential national security risks from China's increasing investments. Are the two interests at odds?.....»»
Majority of Filipinos see red tape, restrictive rules as top barriers to foreign investments — survey
A survey released by Pulse Asia on March 27 showed that 88% of Filipinos opposed moves to amend the Constitution. .....»»
NEDA pushes phaseout of single-use plastic
The National Economic and Development Authority is pushing for the phaseout of single-use plastics and investments to improve waste management with the country’s total daily waste projected to rise to 194,138 metric tons by 2055......»»
PSE spending $11 million to upgrade trading engine
The Philippine Stock Exchange Inc., the operator of the country’s only stock market, is not letting up on its efforts to be up to par with global stock exchanges with investments of about $11 million to bolster its operations......»»
Economic security vs. economic coercion
Even bigger investments from the United States and Japan are coming our way in the next five years and the number could go as high as $200 billion – double the initial $100-billion estimate that Ambassador to the United States Jose Manuel “Babe” Romualdez earlier revealed......»»
Para sa ekonomiya: The need for regulatory coherence
The Department of Trade and Industry said that in 2023, President Ferdinand Marcos Jr.’s trips abroad generated up to P4 trillion in foreign investments......»»
MPTC prefers term extension over toll hike
To recover investments on toll road improvements, Metro Pacific Tollways Corp. is leaning toward getting its concession agreements expanded instead of burdening motorists with rate hikes......»»
GSIS income rises to P37 billion in January-March
The Government Service Insurance System saw its net income jump by 20 percent to hit P37 billion during the first quarter on the back of strong revenues from financial assets and investments......»»
Washington summit to bring more FDIs into Philippines
Several multinationals are pouring in new investments or expanding their operations in the Philippines as a result of President Marcos’ successful and historic trilateral summit in Washington recently, House Speaker Martin Romualdez said......»»
SEC files criminal complaint vs MFT Group
The Securities and Exchange Commission (SEC) has filed a criminal complaint against the MFT Group for unauthorized solicitation of investments......»»
PAL hikes capital to P30 billion
Flag carrier Philippine Airlines (PAL) has received regulatory approval to raise its capital stock to P30 billion to free up space for fresh investments from its parent unit......»»
FEF: Charter amendments to boost FDIs, clear policies
The proposed Charter amendments expanding foreign ownership rights in key sectors could attract more foreign direct investments into the country and help drive economic growth, according to the Foundation for Economic Freedom......»»