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Aquino: Invest in Mindanao

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PRESIDENT Aquino attends the Business Opportunities Forum with Malaysian businessmen at Mandarin Oriental Hotel in Kuala Lumpur on Friday, on the sidelines of his two-day state visit to Malaysia this week. MALACAÑANG PHOTO

With peace at hand in Mindanao, President Benigno Aquino III on Friday invited the Malaysian business community to invest in the region, citing how government reforms and a fairer business climate have led to an economic revival in the Philippines in recent years.

Posted: March 2nd, 2014 in Featured Gallery,Headlines,Photos & Videos | Read More »

Aquino invites Malaysian businessmen to invest in Mindanao

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Philippine President Benigno Aquino III, center, listens to an unidentified officer as he walks with Malaysian King Sultan Abdul Halim Mu'adzam Shah, left, during a welcome ceremony at Parliament Square in Kuala Lumpur, Malaysia, Friday, Feb. 28, 2014. AP

With peace at hand in Mindanao, President Benigno Aquino has invited the Malaysian business community to invest in the region’s untapped resource potential, citing how governance reforms and a fairer business climate have led to an economic revival in the Philippines in recent years.

Posted: March 1st, 2014 in Latest Business Stories | Read More »

$756M Malampaya rig going up in Subic

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NEW MALAMPAYA PLATFORM  Nathan Stephenson (left) of the Malampaya Phase 3 project briefs European Union delegates visiting the Keppel Shipyard in Subic, Zambales province, which is fabricating the second platform for the Malampaya gas field off Palawan province. The platform will be installed in 2015 to help sustain production in Malampaya, which supplies natural gas to three power plants producing about half of Luzon’s power needs.  RAFFY LERMA

A platform of the Malampaya Deep Water Gas-to-Power Project off Palawan province is to be installed next year to maintain fuel supply to power plants providing about half of Luzon’s electricity needs. The platform, worth $756 million (P33.68 billion), is part of Phase 3 of the Malampaya project.

Posted: February 21st, 2014 in Featured Gallery,Headlines,Latest Business Stories | Read More »

OFWs, kin to get lessons on saving, investing, maximizing earnings

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OFWs from Libya: Philippine companies, like AG&P, looks to “pirating overseas Filipino workers as one of their strategies in expanding their workforce. INQUIRER PHOTO/RODEL  ROTONI

It’s the typical story of the overseas Filipino worker (OFW): The breadwinner toils for years overseas to give his or her family a better life but returns home—if at all—with little or no savings.

Posted: October 11th, 2013 in Latest Business Stories,Personal Finance | Read More »

Nurture economy, US Treasury exec urges PH

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US Assistant Secretary for International Markets and Development Marisa Lago  PHOTO FROM TREASURY.GOV

A United States Treasury official has commended the Philippines’ recent strong economic showing, and encouraged the government to sustain the momentum by nurturing a business environment conducive to investment.

Posted: September 20th, 2013 in Latest Business Stories | Read More »

Execs of US eco, energy firms coming

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US Ambassador Harry Thomas Jr.: US trade mission can help address the growing energy and environmental needs of the Philippine economy

Representatives of 14 US energy and environmental companies will be coming to Manila this week, the largest American trade delegation to visit the country in years, according to the United States Embassy in Manila.

Posted: September 18th, 2013 in Latest Business Stories | Read More »

US investors bullish on PH–Cuisia

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Philippine Ambassador to the US Jose L. Cuisia Jr. INQUIRER FILE PHOTO

Investors in the United States are upbeat about the Philippine economy and have expressed “strong interest” in doing business here, according to the country’s ambassador to the US following the investment roadshow that brought top Filipino businessmen to three US cities last week.

Posted: May 3rd, 2013 in Latest Business Stories | Read More »

Koreans keen on investing in PH, says diplomat

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AP FILE PHOTO

South Korean businessmen are keen to invest more in the Philippines in light of the strong economy, the Aquino administration’s anti-corruption campaign and its public-private sector partnership (PPP) program, a South Korean diplomat in Manila said recently.

Posted: April 20th, 2013 in Latest Business Stories | Read More »

Japanese firm expanding manufacturing plant in Mindanao

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Amid prevailing concerns over the business environment in Mindanao, a Japanese firm is set to nearly double its manpower this year as it expands with a new assembly line on its 19-hectare manufacturing plant here.

Posted: April 2nd, 2013 in Headlines | Read More »

PH gets P23-B loan from Japan for LRT, airport

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Foreign Secretary Albert del Rosario file photo

The Japanese government has provided the Philippines with a fresh P23.19 billion in loans for critical transport infrastructure, including the upgrading of two metro railways and the construction of a higher-capacity airport in Bohol.

Posted: March 27th, 2013 in Latest Business Stories | Read More »

PH economy good but could be better, says Japan official

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Japanese Minister for Economic Affairs Akio Isomata (leftmost) with Mr. Jaime C. Del Rosario, Chairman and President of Jesus V. Del Rosario Foundation, Inc., and Mr. Tomoyuki Katano of the Japanese NGO ‘The Volunteers Group to Send Wheelchairs to Overseas Children” at the turnover ceremony at the office of Jesus V. Del Rosario (JVR) Foundation in Makati. INQUIRER FILE PHOTO

Despite the glowing economic numbers, the Philippines should push harder to improve its investment climate as it continues to lag behind neighboring Asian countries, a Japanese minister said here on Thursday.

Posted: March 17th, 2013 in Latest Business Stories | Read More »

PH needs to do much more to attract investments, says Japanese diplomat

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AP FILE PHOTO

Despite the glowing statistics on the economy, the Philippines should push harder to improve the country’s investment climate as it continues to lag behind neighbors in Asia, a Japanese diplomat said here.

Posted: March 15th, 2013 in Latest Business Stories | Read More »

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