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Over $1 billion investment to Philippines from US, says Raimondo

MANILA, The Philippines: During an official visit to Manila, U.S. Commerce Secretary Gina Raimondo has said that U.S. companies have announced investments totaling more than US$1 billion in the Philippines.In a first of its kind for the Philippines, Raimondo headed a two-day trade and investment mission that included executives from 22 companies, such as United Airlines, Alphabet's Google, Visa, KKR Asia Pacific.....»»

Category: newsSource:  inquirerRelated NewsMar 16th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMay 16th, 2024

Ecozone investments up 19 percent in 2 months

Investments approved by the Philippine Economic Zone Authority grew at a robust pace in the first two months of the year, making it on track with its investment approval targets for the year......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

Maynilad considering a $300-M pre-IPO investment round before it goes public in 2025

Bloomberg is reporting that Maynilad Water Services, the “West Zone” water concessionaire owned by Metro Pacific Investments and DMCI, is “considering” raising a US $300 million (~P16.9 billion) “funding round” before it goes public on the PSE in 2025......»»

Category: financeSource:  philstarRelated NewsFeb 6th, 2024

Wildflour takes $15-M investment at P3.4-B valuation

The Wildflour Hospitality Group took a US $15 million investment from private equity firm KV Asia Capital for 25% of WHG......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024

Liloan shooting: Gang war, personal grudge, love triangle eyed as possible motive

CEBU CITY, Philippines – Liloan police are investigating into gang dispute, personal conflict, or love triangle as three possible reasons for the shooting in Barangay Yati, Liloan town, northern Cebu, early on Thursday morning, May 9. The incident occurred past 3 a.m. and resulted in the death of a 16-year-old girl, with two other minors,.....»»

Category: newsSource:  inquirerRelated NewsMay 9th, 2024

Division of Wao, Lanao del Sur feared to provoke violence anew

WAO, Lanao del Sur (MindaNews / 10 March) — Residents of this town fear a return to its bloody past – a time in the 1970s when land conflict pitted the Christian settlers against the native Moro inhabitants – if a bill proposing to divide it into two pushes through at the Bangsamoro Parliament. Parliament […].....»»

Category: newsSource:  mindanewsRelated NewsMar 10th, 2024

Moalboal inter-town hoopla unfolds on March 9

CEBU CITY, Philippines— The Municipality of Moalboal will once again roll out the red carpet for sports as the cash-rich 2nd Mayor Inocentes Cabaron Invitational Inter-town tournament unfolds on March 9 at the town’s sports complex. A dozen teams will compete for a whopping P500,000 worth of cash prizes in this annual cage fest. For.....»»

Category: newsSource:  inquirerRelated NewsMar 6th, 2024

Russia asserts full control of Avdiivka, reports presence of Ukrainian troops in town

The Daily Guardian: Russia Captures Key Ukrainian Town of Avdiivka In a significant development, Russia has gained control of the Ukrainian town of Avdiivka, marking.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 18th, 2024

Cash-rich Mayor Cabaron intertown twin sports tilts set in May

CEBU CITY, Philippines — Moalboal town mayor Inocentes Cabaron will once again treat sports fans in southwest Cebu with a cash-rich inter-town men’s basketball and men’s & women’s volleyball tournament for their fiesta celebration in May.  The town has been active in sports, hosting a Cebu Schools Athletic Foundation Inc. pre-season basketball tilt featuring Cebu’s.....»»

Category: newsSource:  inquirerRelated NewsJan 20th, 2024

Xinhua Asia-Pacific news summary at 1600 GMT, Jan. 10

TOKYO -- The death toll rose to 206 in the central Japanese prefecture of Ishikawa as of Wednesday afternoon, nine days after a series of strong quakes of up to 7.6 magnitude jolted the prefecture and its vicinity, according to local authorities. The prefectural government confirmed 91 deaths in Suzu City, 83 in Wajima City, 20 in Anamizu Town, five in Nanao City, four in Noto Town, two in Shika Town and one in.....»»

Category: newsSource:  manilanewsRelated NewsJan 12th, 2024

Foreign investment pledges plummet in Q1

Investment pledges from foreign firms approved by investment promotion agencies plunged by nearly 64 percent from January to March compared to last year’s level amid a stubbornly high inflation and steep borrowing costs......»»

Category: financeSource:  philstarRelated NewsMay 16th, 2024

PLDT completes P2 billion investment in Radius

PLDT Inc. has placed a P2 billion investment in a unit of a sister company, marking another expansion for the telco leader working on solidifying its industry dominance......»»

Category: financeSource:  philstarRelated NewsMay 2nd, 2024

SM Prime marks 30th anniversary with record-breaking income, P100 billion investment for 2024

SM Prime marks 30th anniversary with record-breaking income, P100 billion investment for 2024.....»»

Category: newsSource:  sunstarRelated NewsApr 27th, 2024

SM Prime marks 30th anniversary with record-breaking income, PHP 100 billion investment for 2024

SM Prime marks 30th anniversary with record-breaking income, PHP 100 billion investment for 2024.....»»

Category: newsSource:  sunstarRelated NewsApr 25th, 2024

SM Prime marks 30th anniversary with record-breaking income, P100 billion investment for 2024

SM Prime Holdings Inc. (SMPH), the leading integrated property developer in the Philippines, marks its 30th anniversary as a publicly listed company with the announcement of its highest-ever recorded income and a P100 billion investment......»»

Category: financeSource:  philstarRelated NewsApr 24th, 2024

NEDA touts Philippines as ideal investment destination

The National Economic and Development Authority is urging investors to consider the Philippines for their expansion plans, given reforms to improve the country’s investment climate and available opportunities......»»

Category: financeSource:  philstarRelated NewsApr 20th, 2024

Marcos confident meeting with US, Japan will not affect China’s investment to PH

Marcos confident meeting with US, Japan will not affect China’s investment to PH.....»»

Category: newsSource:  sunstarRelated NewsApr 14th, 2024

Cosco ventures into RE with P552 million investment

Cosco Capital Inc. of retail tycoon Lucio Co has formalized its renewable energy venture with a P552-million investment for a majority stake in a company that operates a hydropower plant in Oriental Mindoro......»»

Category: financeSource:  philstarRelated NewsMar 30th, 2024

KATRIBU on the impact of Maharlika Investment Fund on the Moro and Indigenous Peoples

A speech delivered by Beverly Longid, KATRIBU National Convenor, during the Maharlika Investment Fund forum organized by the First Quarter Storm (FQS) Movement......»»

Category: lifestyleSource:  abscbnRelated NewsMar 26th, 2024