By Riza T. Olchondra
MANILA, Philippines–Thirty business groups have signed up to participate in the Interruptible Load Program (ILP), which is meant to ease power demand in Luzon during the expected power shortage in the summer of 2015, the Department of Energy (DOE) reported on Tuesday. Citing data from Manila Electric Co. (Meralco), the DOE said there were […]
Fifty-two publicly listed companies in the country, including six which are part of the main-share Philippine Stock Exchange index, made it to the latest list of Shariah-compliant companies based on a screening process meant to attract Islamic investors.
By Amy R. Remo
The Board of Investments (BOI) hopes to offer additional nonfiscal incentives to companies that will adopt “inclusive business” (IB) models or engage in activities that will ease the problems of the poor through the creation of jobs and income, and by providing affordable and relevant services to improve their quality of life.
By Ben O. de Vera
More companies are seen relocating to the Philippines as well as neighboring Indonesia and Malaysia to tap these countries’ young and educated talent base amid rising labor costs in China, according to global workforce solutions provider ManpowerGroup.
By Amy R. Remo
, Ben O. de Vera
Local companies continued to reel from a double whammy of double-digit losses in revenues and equally crippling surges in import- and export-related expenses, given the continued truck congestion and container pile-up at the Port of Manila.