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ICTSI on expansion mode; raises capex to $450 million
International Terminal Services Container Inc. has raised its capital expenditures to $450 million this year to pursue new expansion projects......»»
Envi group raises concern over Aboitiz coal expansion in Cebu
Envi group raises concern over Aboitiz coal expansion in Cebu.....»»
DBP lends P116 million for swine farm expansion
State-owned Development Bank of the Philippines said it extended a P116-million loan for the expansion of a swine farm project in Nueva Ecija to boost the government’s hog repopulation efforts......»»
DALI gears up for expansion
The newest challenger in the local retail market, DALI Everyday Grocery, is giving retail giants a run for their money as it gears up for further expansion in a bid to reach more Filipino consumers whose pockets are hurting from high commodity prices......»»
Weak exports still biggest hurdle to Philippines expansion
The Philippine export sector remains the biggest drag to economic expansion as it takes a hit from the slowdown in major trading partners, according to a unit of Fitch Solutions......»»
Bautista leads groundbreaking for Laguindingan Airport expansion
Transportation Secretary Jaime Bautista led the groundbreaking for the expansion of the Laguindingan Airport in this province on Sunday......»»
NEWS BRIEFS | Misamis Oriental Updates, 31 January 2024
P12.75 billion ok’d for Laguindingan airport expansion The National Economic Development Authority (NEDA) said it approved the expansion of Laguindingan Airport in Misamis Oriental, which has become the most overcrowded airport in the region. NEDA Secretary Arsenio Balisacan approved the “parameters, terms, and conditions of the upgrade of the airport,” Mindanao’s second busiest airport. The […].....»»
Rockwell Land to borrow P5 billion for 2024 expansion
Rockwell Land Corp. is gearing up for expansion as it beefs up its war chest......»»
Romualdez announces expansion project for Iloilo Esplanade, grandstand
Romualdez announces expansion project for Iloilo Esplanade, grandstand.....»»
Biz Leaders Welcome Coal-Fired Power Plant Expansion in Toledo City to Prevent Outages
Business stakeholders in Cebu welcomed the expansion project of a coal-fired power plant in Toledo City as a way to prevent outages that happened in Aklan early this year. They said that concerns about the environment will be “outweighed” by the economic benefits that will come with more power supply considering the dwindling reserves in […].....»»
Pomelo bags spot for ‘promising fintech companies’
This development follows reports that Pomelo has successfully secured $35 million in venture capital from multiple investors, coupled with a substantial $75 million expansion of its warehouse facility......»»
Speaker seeks expanded Balikatan, appeals for increased US aid
Speaker Martin Romualdez asked his lawmaker-counterparts in US Congress for an expansion of joint military exercises in the Philippines and also sought an increased US foreign military financing......»»
Cebu Landmasters raises P4B in preferred shares offering; plans strategic expansion
Real estate firm Cebu Landmasters Inc. (CLI) has raised more than P4.28 billion through its recent follow-on offering of preferred shares......»»
Opting Out of Offline Tracking on Googles Find My Device Network
Google has announced a major expansion to its Find My Device network, allowing users to locate their devices even when they are offline. This update.....»»
Ninja Van eyes expansion in hard-to-reach areas
Express courier Ninja Van Philippines plans to widen its presence outside Metro Manila, as it wants to capture the growing demand for e-commerce deliveries as far as Mindanao......»»
PMI eyes use of Philippines tobacco in smoke-free products
Philip Morris International plans to use locally produced tobacco leaves in its smoke-free products following the inauguration of the P8.8-billion expansion of its local affiliate’s factory......»»
China Bank Savings profit hits record high in 2023
The thrift banking arm of Sy-led China Banking Corp. booked a record high net income of P1.85 billion in 2023 amid the continued expansion in customer base and loans......»»
CLI ready to conquer Luzon
Cebu Landmasters Inc. (CLI), a listed property developer focused in the Visayas and Mindanao, is poised to conquer Luzon with more locations eyed in the region for future expansion......»»
Over 20 local brands eye overseas expansion
Over 20 Filipino brands intend to expand and bring their products and services overseas, according to the Philippine Franchise Association......»»
Philippines FDI net inflows grow by 89.9 pct in January
MANILA, April 10 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines grew year-on-year by 89.9 percent in January to 907 million U.S. dollars, the country's central bank said Wednesday. "The increase in FDI was supported mainly by the 173.2 percent expansion in nonresidents' net investments in debt instruments to 820 million dollars from 300 million dollars in January 2023," the Bangko S.....»»