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ICTSI remains on expansion mode even as risks abound

Ports tycoon Enrique Razon Jr. is keeping an eye out for expansion opportunities in four regions as the billionaire indicated he has no plans of standing idle even in the face of emerging risks......»»

Category: financeSource:  philstarRelated NewsApr 19th, 2024

Lawmaker backs calls vs motorcycle taxi expansion

An official of the House of Representatives committee on Metro Manila development has joined calls against the expansion of the pilot testing of motorcycle taxis in the National Capital Region......»»

Category: newsSource:  philstarRelated NewsApr 6th, 2024

Japan firm starts P2.3 billion Subic expansion

Japanese company Sanyo Denki Philippines, Inc. has started its P2.3-billion expansion project at the Subic Techno Park......»»

Category: financeSource:  philstarRelated NewsApr 3rd, 2024

Sanyo Denki opens P2.3-B expansion project in Subic

Sanyo Denki opens P2.3-B expansion project in Subic.....»»

Category: newsSource:  sunstarRelated NewsApr 2nd, 2024

Stop motorcycle taxi expansion, Marcos urged

Various transport groups yesterday appealed to President Marcos to stop the expansion of motorcycle taxis in Metro Manila amid the impending decision of the Land Transportation Franchising and Regulatory Board o authorize several companies as players in the pilot study......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

Envi group raises concern over Aboitiz coal expansion in Cebu

Envi group raises concern over Aboitiz coal expansion in Cebu.....»»

Category: newsSource:  sunstarRelated NewsFeb 9th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 7th, 2024

Filinvest holding firm allots up to P25 billion for 2024 capex

Filinvest Development Corp., the investment holding company of the Gotianun family, plans to invest as much as P25 billion this year to expand its presence in real estate and power generation, as well as support its ongoing digitalization efforts......»»

Category: financeSource:  philstarRelated NewsApr 7th, 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

IFC investing $500 million to address Philippines development challenges

The private sector arm of the World Bank Group is aiming to invest up to $500 million in the current fiscal year in the Philippines to support efforts to address climate change, financial inclusion and infrastructure development......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 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

Lawmaker proposes gradual 3-year wage hike for private workers

A lawmaker on Wednesday proposed gradually increasing the minimum daily wage for private sector workers by P100 over three years. Manila Rep. Joel Chua believes this approach would be manageable for businesses still recovering from the pandemic. He emphasized the importance of balancing the interests of workers and businesses while implementing the wage hike. A.....»»

Category: newsSource:  inquirerRelated NewsFeb 22nd, 2024

Government bonds drawing in more online investors

Demand to invest via digital platforms is seen picking up further, especially for government securities, state-run Land Bank of the Philippines said......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

As a new investor, how should I pick stocks to invest in?

For 99% of people who ask this question, the best answer would probably be: “You don’t.” But that’s a very unsatisfying response to give someone who has come to the market with big eyes and bigger dreams, and it’s the kind of response that starts out true but could (at some point) cease being true and constructive as the investor gains understanding and skills......»»

Category: financeSource:  philstarRelated NewsJan 11th, 2024

Phinma investing P2 billion for new Davao cement plant

The Phinma Group plans to invest about P2 billion to put up a new facility in Davao to further solidify its presence in the cement industry......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

Bad for Phl’s image

While President Ferdinand Marcos has been wooing private companies, both local and foreign, to partner with the government and to invest in infrastructure development in order to fuel his administration’s push for economic growth and more jobs, there are some in government who seem to be sending a completely opposite message and who are bent on sabotaging whatever gains the country has achieved so far......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024

Leviste firm to invest over P5 billion in Batangas

Countryside Investments Holdings Corp., a company owned by Leandro Leviste, is investing over P5 billion to help boost development in rural Batangas......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024

CNPF to expand capacity after new deal with Vita Coco

Century Pacific Food Inc., the Po family’s listed food and beverage firm, is poised to invest $40 million to expand its capacity after securing a fresh long-term contract with US-headquartered The Vita Coco Co. Inc......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

Over 100 US firms interested to invest in Clark –BCDA

More than 100 US companies are interested in exploring investment opportunities in Clark, according to the Bases Conversion and Development Authority......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

Recto pitches Maharlika fund to Australians

Finance Secretary Ralph Recto encouraged Australian businesses to invest in the country’s first sovereign wealth fund, noting that the Philippines has pro-business policies in place......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024