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‘Now is the best time to invest in PH’

Screengrab from http://www.sminvestments.com/

SM Investments Corp. (SMIC) vice chair Teresita Sy-Coson has urged foreign investors to take a look at the Philippines, telling a conference of global expatriates that now was the best time to invest here.

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

Growth in money supply slowed in September

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The International Monetary Fund has urged Philippine monetary authorities to allow the peso to appreciate with the expected increase in the inflow of dollars this year.  AFP PHOTO

Money supply growth continued to slow down in September and approached the “normal” range of 12 to 15 percent, according to data released Friday.

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

BPI opens office in Japan

SCREENGRAB from www.bpiexpressonline.com

Bank of the Philippine Islands is expanding its East Asian operations with the opening of a representative office in Japan, one of the top sources of remittances to the Philippines.

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

Brokerage house remains bullish on property sector

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Stockbrokerage Maybank ATR Kim Eng is upbeat on the Philippine property sector, taking heart from an assurance from the Bangko Sentral ng Pilipinas chief that there was no clear evidence of a bubble in the sector.

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

PH turns over Angat hydro plant to K-Water

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METRO MANILA’S WATER SUPPLY SOURCE.  The Angat Dam in Bulacan is where Metro Manila, home to 12 million residents, sources 97 percent of its water requirements. The Metropolitan Waterworks and Sewerage System says they hope to bid out projects next year that would develop new water sources to boost Metro Manila’s water supply. PHOTO FROM BULACAN.GOV.PH

The Philippine government has finally privatized the operations of the 218-megawatt (MW) Angat Hydroelectric Power Plant (HEPP)—more than four years after it was auctioned off.

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

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  • ‘Now is the best time to invest in PH’
  • Growth in money supply slowed in September
  • BPI opens office in Japan
  • Brokerage house remains bullish on property sector
  • PH turns over Angat hydro plant to K-Water
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