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Philippines needs to accelerate investments — World Bank

The Philippines will need to see a sustained increase in investments to achieve higher economic growth, according to the World Bank......»»

Category: financeSource:  philstarRelated NewsApr 10th, 2024

Clark looks lifeless

Compared to the bustling areas around Clark from Mabalacat to Angeles City, Clark seems rather dead. Yet, Clark Development Corp. reports investments worth P44.4 billion in the first quarter of this year. Baka promised investments lang, yet to see the light of day......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

SM Investments buys 28.79% stake in CREIT for P5-B

SM Investments spent P5 billion to purchase 1,884,374,000 shares of Citicore Energy REIT from CREIT’s parent company, Citicore Renewable Energy Corp., at a price of P2.6534/share......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

Resumption of FTA talks seen to spur higher EU investments

The Philippine Economic Zone Authority expects investments from European companies to increase with the resumption of the Philippines – European Union free trade agreement negotiations......»»

Category: financeSource:  philstarRelated NewsMar 25th, 2024

Belle to start P5.3 billion tender for PLC shares

Belle Corp., one of the portfolio investments of the Sy family’s SM Investments Corp., will start tomorrow its P5.3 billion tender offer to buy out the minority shareholders of subsidiary Premium Leisure Corp. , which will result in the latter’s delisting from the Philippine Stock Exchange......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

PAGCOR cuts e-game rates to encourage more investments

State-run Philippine Amusement and Gaming Corp. will reduce remittance rates for online and on-site betting platforms by next month in a bid to encourage more investments in the gambling sector......»»

Category: newsSource:  philstarRelated NewsMar 19th, 2024

Investments in Clark soar to P44.5B -- CDC

Investments in Clark soar to P44.5B -- CDC.....»»

Category: lifestyleSource:  abscbnRelated NewsMar 18th, 2024

Peza approves P14.951B investments from January to March

Peza approves P14.951B investments from January to March.....»»

Category: newsSource:  sunstarRelated NewsMar 17th, 2024

Philippines bags $1.53B worth of investments in Australia

President Ferdinand Marcos Jr. has secured deals worth $1.53 billion or P86 billion in investments during the Philippine Business Forum at the ASEAN-Australia Special Summit in Melbourne, according to the Presidential Communications Office......»»

Category: newsSource:  philstarRelated NewsMar 4th, 2024

Renewable energy makes up bulk of investment leads – BOI

The Philippines continues to attract investments in renewable energy as the sector accounted for most of the projects in the more than P2 trillion investment leads tracked by the Board of Investments (BOI)......»»

Category: newsSource:  philstarRelated NewsMar 3rd, 2024

SM conglomerate optimistic on growth prospects for 2024

Conglomerate SM Investments Corp. of the Sy family is cautiously optimistic for 2024, but remains committed to stay on growth mode after solid contributions from its core businesses and higher earnings contribution from portfolio investments, which lifted earnings by a quarter to P77 billion in 2023......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

SM Investments FY23 net income up 25% to P77-B

SM Investments teased its FY23 results with a headline 25% improvement in its net income to P77.0 billion, backed by an 11% increase in consolidated revenues and strong performances across its portfolio, particularly in the banking and property development segments......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

5 Home Aspect Investments That Are Worth Every Penny

Investing in a home upgrade is always worth it, especially if the Lentor Mansion unit is yours. That said, some upgrades are better than most because they improve these five home aspects. Privacy Adequate privacy allows you to do the things you want or normally do without any prying eyes. Start by installing curtains on […] The post 5 Home Aspect Investments That Are Worth Every Penny appeared first on Kagay An......»»

Category: newsSource:  kagay_anRelated NewsFeb 28th, 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

Approved foreign investments into Philippines up 127.2 pct in Q4 of 2023

MANILA, Feb. 15 (Xinhua) -- The approved foreign investments into the Philippines in the fourth quarter of 2023 reached 394.45 billion pesos (roughly 7 billion U.S. dollars), marking a year-on-year increase of 127.2 percent, the Philippine Statistics Authority (PSA) said on Thursday. Of the total, the statistics agency said the Netherlands posted the highest investment commitment, amounting to 345.76 billion pes.....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

Approved foreign investments into Philippines up 127.2 pct in Q4 of 2023

MANILA, Feb. 15 (Xinhua) -- The approved foreign investments into the Philippines in the fourth quarter of 2023 reached 394.45 billion pesos (roughly 7 billion U.S. dollars), marking a year-on-year increase of 127.2 percent, the Philippine Statistics Authority (PSA) said on Thursday. Of the total, the statistics agency said the Netherlands posted the highest investment commitment, amounting to 345.76 billion pes.....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

Global manufacturers support expansion of Philippines industrial sector

The move of the government to attract more manufacturing investments and diversify sources of foreign pledges is seen to increase demand for industrial spaces in the country, bringing in high value manufacturing investments such as semiconductors......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

Foreign pledges materialize into $14 billion investments – DTI

A total of $14.2 billion worth of investments pledged during the foreign trips of President Marcos have already been actualized or have commenced implementation, the Department of Trade and Industry reported yesterday......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

PH eyes aviation investments in Singapore Airshow 

The government aims to attract investments for the Philippines’ aviation sector at the upcoming Singapore Airshow, aiming to position the country as a travel and trading hub in Asia-Pacific and a starting point for North America, a senior official of the Department of Transportation said on Friday. Transportation Undersecretary Roberto Lim highlighted the importance of.....»»

Category: newsSource:  inquirerRelated NewsFeb 4th, 2024

MVP Group dominates 20th Philippine Quill Awards

It was a triumphant night for the MVP Group of Companies, encompassing leading entities such as Light Rail Manila Corp., Manila Electric Co., Maynilad Water Services Inc., PLDT, Smart Communications Inc., Makati Medical Center, Maya, Metro Pacific Dumaguete Water Services Inc., Metro Pacific Tollways South Management Corp., Metro Pacific Investments Corp., Meralco – One Meralco Foundation and Metro Pacific Investments Foundation, as its member companies secured a staggering total of 87 awards at the 20th Philippine Quill Awards, organized by the International Association of Business Communicators......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024