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By Doris C. Dumlao
Conventional wisdom says that health is wealth. But when an unexpected illness occurs within the family, this usually throws households off-balance, with majority being driven to heavy debt and about 95 percent depleting their savings, based on a study conducted by insurer Sun Life of Canada (Philippines) Inc.
By Miguel R. Camus
International Container Terminal Services Inc. (ICTSI), a global ports operator owned by Filipino billionaire Enrique Razon Jr., plans to invest an initial $130 million to modernize and expand a container port in Iraq.
By Ben O. de Vera
On semiconductor, a manufacturing company based in Phoenix, Arizona, will invest an additional $40 million in its Philippine manufacturing plants over the next two years to better serve growing global demand for electronic goods, the top executive of its local unit said.
By Allan Nawal
Idle land around the site of the 2009 Maguindanao massacre in which 58 people were killed is up for conversion into a banana plantation and agricultural complex with amenities such as a hospital and a prayer house, Maguindanao Governor Esmael Mangudadatu announced on Saturday.
By Armando B. Chavez
Business must be good. Ayala Land, the Philippines’ premier real estate developer, marked the second-year of its presence in the US by opening its second office here last Feb. 27.
By Paolo G. Montecillo
Philippine investors were tagged as the most optimistic in all of Asia despite volatile market conditions as of the end of last year, with overall sentiment getting a boost from solid economic growth.
By Amy R. Remo
The Department of Trade and Industry expects the signing of the Bangsamoro Peace Agreement to open up Mindanao to investment opportunities, particularly in the agriculture sector.
Foreign investors prefer Indonesia and the Philippines right now as they do not see any sign of a solution to Thailand’s political crisis, Chua Hak Bin, Asean economist at Bank of America Merrill Lynch, told The Nation during an exclusive interview.
By Tarra Quismundo
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.
China’s manufacturing activities expanded at the slowest pace since June, amid government efforts to rein in credit and investment growth, according to the industry group China Federation of Logistics & Purchasing.
By Amy R. Remo
Cement firm Lafarge Republic Inc. is investing some 18.48 million euros, or over a billion pesos, in a new cement mill at its manufacturing plant in Bulacan to further boost its production capacity by 2015.
By Matikas Santos
United Arab Emirates (UAE), one of the world’s wealthiest countries, is looking for investment opportunities in the Philippines and has also invited Filipino businessmen to come to UAE to look at opportunities there.